DESTINI Annual Report 2018
Name of company Place of Business / Country of Incorporation Effective equity interest Principal activities 2018 2017 % % Held through AMS Marine Pte. Ltd.: AMS Engineering Solutions Sdn. Bhd. (formerly known as Sierraleap Sdn. Bhd.) Malaysia 100 100 Building and repairing of ships, tankers and other ocean-going vessels * Subsidiaries not audited by UHY 5. Investments in Subsidiaries (Cont’d) Details of the subsidiaries are as follows: (Cont’d) (a) Material partly-owned subsidiaries Set out below are the Group’s subsidiaries that have material non-controlling interests: Proportion of ownership interests and voting rights held by non- controlling interests Profit/(Loss) allocated to non-controlling interests Accumulated non- controlling interests Name of Company 2018 2017 2018 2017 2018 2017 % % RM RM RM RM Detrac Sdn. Bhd. 30 30 (193,595) 164,953 288,656 482,251 Halaman Optima Sdn. Bhd. 30 30 (5,140) 865,601 379,066 384,206 Safeair Technical Sdn. Bhd. 2.05 20 (293,492) (755,146) 52,473 (1,484,209) AMS Marine Pte. Ltd. 30 30 1,060,155 - (1,170,205) (2,230,360) (450,010) (2,848,112) Individually immaterial subsidiaries with non-controlling (3,083) (3,083) Total non-controlling interests (453,093) (2,851,195) DESTINI BERHAD ANNUAL REPORT 2018 145
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