SCC Holdings Berhad Annual Report 2018

SCC Holdings Berhad | Annual Report 2018 62. NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2018 (CONT’D) 5. Investments in Subsidiary Companies Company 2018 2017 RM’000 RM’000 At cost In Malaysia Unquoted equity shares 16,300 16,300 Details of the subsidiary companies are as follows: Place of Effective business/ interest Country of 2018 2017 Name of company incorporation % % Principal activities Direct holding: SCC Corporation Sdn. Bhd. Malaysia 100 100 Selling, marketing and distribution (“SCCC”) of livestock health products and clean feed solutions to feed mills and livestock industries; and selling, marketing and distribution of food service equipment, including provisions of installments, services and supply of ingredients and specialists products for food and beverage industries. Anitox (M) Sdn. Bhd. Malaysia 100 100 Sale, marketing and distribution (“ASB”) of animal health products. SCC Food Manufacturing Malaysia 100 100 Processing and purchasing Sdn. Bhd. (“SCCFM”) products. Held through SCCC: Positive Insight Sdn. Bhd. Malaysia 100 100 Sale, marketing and distribution (“PI”) of animal health products. Knowledge Mission Sdn. Bhd. Malaysia 100 100 Dormant. (“KM”) 6. Goodwill on Consolidation Group 2018 2017 RM’000 RM’000 At 1 January/31 December 8 8