174 KIMLUN CORPORATION BERHAD • NOTES TO THE FINANCIAL STATEMENTS 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 2025 2024 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 Posh Atlantic Sdn. Bhd. Malaysia Investment holding, property 100 100 investment and development Bonus Focus Malaysia Property development 100 70 Development Sdn. Bhd. Sun Sakura Sdn. Bhd. Malaysia Property development 50 - 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 Sdn. Bhd. Malaysia Property development 51 100 - 54 -
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