MKH Annual Report 2019

167 M K H B e r h a d 15. INVESTMENT IN ASSOCIATES The Group 30.9.2019 30.9.2018 1.10.2017 RM RM RM At cost: Unquoted shares 6,660,000 8,660,000 6,700,000 Additions 5,000,000 - 1,960,000 Disposals - (2,000,000) - Capital reductions (3,375,000) - - 8,285,000 6,660,000 8,660,000 Share of post-acquisition reserves 6,705,213 7,590,386 5,229,807 14,990,213 14,250,386 13,889,807 The details of the associates, incorporated in Malaysia, are as follows: Proportion of ownership interest and voting power Financial Principal held by the Group year end Name of associate activities 30.9.2019 30.9.2018 1.10.2017 Ω Daksina Harta Property 40% - - 31 December  Sdn. Bhd. (“DHSB”)  development ~ Panasonic Homes General 49% 49% 49% 31 March  MKH Malaysia construction  Sdn. Bhd. (“PHMMSB”) * Rimbunan Melati Property 45% 45% 45% 31 December  Sdn. Bhd. (“RMSB”) development ^ Rafflesia School Education - - 20% 31 December  (Kajang) Sdn. Bhd.  centre and tenant  of the Group’s  investment  property NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019