Sample Disclosure – Note on Investment In Subsidiaries (4 December 2008)

by kclim on December 4, 2008

INVESTMENT IN SUBSIDIARY COMPANIES

2008

2007

RM

RM

At cost:

Unquoted shares inMalaysia

x,xxx,xxx

-

Details of the subsidiary companies are as follows:

Name of Companies

Country of

Incorporation

Effective Equity Interest (%)

Principal Activities

2008

2007

ABC Sdn. Bhd.

Malaysia

100

-

Investment holding.

DEF Sdn. Bhd.

Malaysia

60

-

Investment holding, provision of consultancy, strategic, financial and corporate planning services.

GHI Sdn. Bhd.

Malaysia

100

-

Provision of asset management services.

JKL Sdn. Bhd. *

Malaysia

100

50

Investment holding.

MNO Sdn. Bhd.

Malaysia

100

-

Investment in shares, land and properties.

Subsidiaries of JKL Sdn. Bhd.

PQR Sdn. Bhd.

Malaysia

80

35

Property development.

Subsidiaries of PQR Sdn. Bhd.

STU Sdn. Bhd.

Malaysia

100

-

Investment holding.

VWXSdn. Bhd.

Malaysia

100

-

Investment in land and properties.

*During the financial year, the Company acquired 50% equity interest of JKL Sdn. Bhd. for a total consideration of RMx,xxx,xxx.

As a result of the acquisition, JKL Sdn. Bhd. became a wholly-owned subsidiary of the Company.

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