Name of Companies Country of incorporation Issued and paid-up share capital RM Effective proportion of ownership interest 2024 % 2023 % Principal activities Subsidiary of Edgenta UEMS Ltd.: Edgenta UEMS SC Ltd. (a) Taiwan TWD25,000,000 100 100 Provision of cleaning, portering and consulting services for hospitals, medical care institutes, commercial, high-tech companies, education centre, transportation and shopping mall Subsidiary of EAL: MEEM for Facilities Management Company (b) The Kingdom of Saudi Arabia SAR16,753,120 60 60 Real estate management, cleaning and maintenance service Subsidiary of EII: Kaizen Owner Association Management Services L.L.C (a) United Arab Emirates AED300,000 60 – Jointly owned property management services Kaizen AMS Property Supervision L.L.C (a) United Arab Emirates AED300,000 60 – Provision of real estate buying and selling brokerage, real estate management supervision services and leasing property brokerage agents Edgenta Technical Service L.L.C (b) United Arab Emirates AED300,000 100 100 Provision of technical services Edgenta Facilities Management L.L.C (b) United Arab Emirates AED300,000 100 100 Facilities management services (a) Audited by member firms of Ernst & Young Global in respective countries (b) Audited by firms other than Ernst & Young PLT or any member firms of Ernst & Young Global (c) This subsidiary is audited by Ernst and Young PLT for the financial year ended 31 December 2024. In the previous financial year, it was audited by a firm other than Ernst & Young PLT. (d) Edgenta Mediserve Sdn. Bhd. is 43% owned by UEM Edgenta Berhad and 57% owned by Edgenta Healthcare Management Sdn. Bhd. (e) Opus Al-Dauliyyah L.L.C. is 95% owned by Opus International (M) Berhad and 5% owned by Opus Management Sdn. Bhd. (f) Classified as disposal group held for sale in the previous financial year (Note 28) (g) Notwithstanding Edgenta PROPEL Berhad’s (“EPB”) effective shareholding of less than 50% in Edgenta PROPEL (Sarawak) Sdn. Bhd. (“EPS”), the Group does have the substantive rights and power to direct the relevant activities of EPS and the ability to use the power to significantly affect its returns as stipulated in the shareholder’s agreement. Therefore, EPS is consolidated in the Group’s consolidated financial statements. (h) On 30 October 2024, Opus International (M) Sdn Bhd (“OIM”) entered into Share Sale Agreement to acquire the remaining 70% ownership in Opus Consultants (M) Sdn. Bhd. (“OCM”). The transaction was finalised on 12 December 2024, upon which OCM transitioned from being an associate to becoming a subsidiary of the Group on the same date, as disclosed in Note 19 and Note 44. 45. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES (CONTD.) Notes to the Financial Statements For the year ended 31 December 2024 UEM EDGENTA BERHAD 380 Integrated Annual Report 2024
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