10. INVESTMENTS IN SUBSIDIARIES (continued) (d) Interests in subsidiaries (continued) The details of the subsidiaries are as follows (continued): Interest in equity held by Country of Company Subsidiaries Name of company incorporation 2021 2020 2021 2020 Principal activities % % % % Meinaide Holdings British Virgin - - 100 100 Investment holding Group Limited* Islands company PRG Land Sdn. Bhd.** Malaysia - - 100 - Trading, retail sale of clothing, footwear and ancillary products Subsidiaries of FIPB International Limited Furniweb Malaysia - - 100 100 Manufacture and sale of Manufacturing upholstery webbings, Sdn. Bhd. covered elastic yarn and rigid webbings Texstrip Malaysia - - 100 100 Manufacture and sale of Manufacturing rubber strips and square cut Sdn. Bhd. rubber threads TS Meditape Sdn. Bhd. Malaysia - - 100 100 Trading of medical products Webtex Trading Malaysia - - 100 100 Investment holding and Sdn. Bhd. trading of machinery and accessories Subsidiaries of Furniweb Manufacturing Sdn. Bhd. Furniweb Safety Malaysia - - 100 100 Manufacture and sale of Webbing Sdn. Bhd. safety webbings Syarikat Sri Kepong Malaysia - - 100 100 Property investment and Sdn. Bhd. deriving rental income thereon Subsidiaries of Webtex Trading Sdn. Bhd. Furniweb (Vietnam) Vietnam - - 100 100 Manufacture and sale of Shareholding upholstery webbings and Company# covered elastic yarn NOTES TO THE FINANCIAL STATEMENTS P R G H O L D I N G S B E R H A D A N N U A L R E P O R T 2 0 2 1 126 31 December 2021 (cont’d)
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