200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 16. Investment in subsidiaries (cont'd) Proportion (%) Country of of ownership Name incorporation Principal activities interest 2022 2021 Held through Kimlun Sdn. Bhd.: Kimlun Superior Crest Malaysia Building and infrastructure 60 60 Sdn. Bhd. contractors Held through Kimlun Land Sdn. Bhd.: Kimlun Medini Sdn. Bhd. Malaysia Property development and 67 67 property investment Kitaran Lintas Sdn. Bhd. Malaysia Property development and 100 100 property investment Kiiville Sdn. Bhd. Malaysia Property development and 100 100 property investment Kii Ashbury Sdn. Bhd. Malaysia Property development and 100 100 property investment Kii Morris Sdn. Bhd. Malaysia Property development and 100 100 property investment Held through Kii Amber Sdn. Bhd.: Bayu Damai Sdn. Bhd. Malaysia Property development and 49 49 property investment Kii Melodia Sdn. Bhd. Malaysia Property development and 69.5 69.5 property investment * Audited by a firm of chartered accountants other than Crowe Malaysia PLT. - 69 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 Annual Report 2022 134
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