200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 15. Investment in subsidiaries (cont'd) Details of the subsidiaries are as follows (cont'd): Place of business/ Proportion (%) Country of of ownership Name incorporation Principal activities interest 2024 2023 Held through Kimlun Land Sdn. Bhd.: Kiiville Sdn. Bhd. Malaysia Investment holding, property 100 100 investment and development Kii Ashbury Sdn. Bhd. Malaysia Investment holding, property 100 100 investment and development Kii Morris Sdn. Bhd. Malaysia Investment holding, property 100 100 investment and development Kii Tebrau Sdn. Bhd. Malaysia Dormant - 70 Posh Atlantic Sdn. Bhd. Malaysia Investment holding, property 100 - investment and development Bonus Focus Development Malaysia Property development 70 - Sdn. Bhd. * Held through Kii Amber Sdn. Bhd. Bayu Damai Sdn. Bhd. Malaysia Property development 49 49 and property investment Kii Melodia Sdn. Bhd. Malaysia Property development 69.5 69.5 and property investment Held through Posh Atlantic Sdn. Bhd. Pinegate Development Malaysia Property development 100 - Sdn. Bhd. and property investment * Audited by a firm of chartered accountants other than Ernst & Young PLT, Malaysia. - 54 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 146
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