Chemical Company of Malaysia Berhad Annual Report 2018

6. INVESTMENTS IN SUBSIDIARIES Company 2018 2017 At cost: Unquoted shares 305,167 305,167 Less: Accumulated impairment loss (81,844) (87,223) 223,323 217,944 Details of the subsidiaries are as follows: Name of subsidiaries Principal place of business/ Country of incorporation Principal activities Effective ownership interest and voting interest 2018 2017 % % CCM Agri-Max Sdn. Bhd. and its  subsidiaries: Malaysia Investment holding 100.0 100.0  CCM Fertilizers Sdn. Bhd.   and its subsidiary: Malaysia Dormant 50.1 50.1   Max Agriculture Sdn.    Bhd.*/^ Malaysia Dormant 50.1 50.1 CCM Usaha Kimia (M) Sdn. Bhd.  and its subsidiaries: Malaysia Trading as an agent and in its own right in chemicals and other commodities 100.0 100.0  CCMWater Systems Sdn.   Bhd. Malaysia Ceased Operations 100.0 100.0  CCM Polymers Sdn. Bhd.   and its subsidiaries: Malaysia Manufacturing and selling of industrial and hydrogel coating products 100.0 100.0   Innovative Polymer    Systems Sdn. Bhd.*/^ Malaysia Dormant 100.0 100.0   Delta Polymer Systems    Sdn. Bhd. */^ Malaysia Dormant 100.0 100.0  CCM Chemicals Sdn. Bhd. and   its subsidiaries: Malaysia Manufacturing and marketing of chlor- alkali and coagulant products and marketing of industrial and specialty chemicals 100.0 100.0 145 CHEMICAL COMPANY OF MALAYSIA BERHAD