200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 15. Investment in subsidiaries (cont'd) Details of the subsidiaries are as follows: Place of business/ Proportion (%) Country of of ownership Name incorporation Principal activities interest 2024 2023 Held by the Company: Kimlun Sdn. Bhd. Malaysia Building and infrastructure 100 100 contractors SPC Industries Malaysia Ready mix concrete production 100 100 Sdn. Bhd. and manufacturing of pre-cast concrete products Kimlun Land Sdn. Bhd. Malaysia Investment holding, property 100 100 investment and development KL Building Materials Malaysia Manufacturing and trading of all 100 100 Sdn. Bhd. kinds of building and construction materials, and provision of quarry services and machinery rental services Kii Amber Sdn. Bhd. Malaysia Investment holding, property 100 100 investment and development Kimlun Medini Sdn. Bhd. Malaysia Property development and 33 33 property investment 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 - 53 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 145 ANNUAL REPORT 2024
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