SUBSIDIARIES (CONT’D) The details of the Company’s subsidiaries are as follows (Cont’d):- PERCENTAGE OF ISSUED SHARE COUNTRY OF CAPITAL HELD NAME OF SUBSIDIARIES INCORPORATION BY PARENT PRINCIPAL ACTIVITIES Subsidiaries of Matrix Excelbuilder Sdn. Bhd. Matrix Excelcon Sdn. Bhd. Malaysia 100% General contractors Matrix Exceltrading Sdn. Bhd. Malaysia 100% Dormant Subsidiaries of MCHB Development (NS) Sdn. Bhd. N9 Matrix Development Sdn. Bhd. Malaysia 85% Property Development Megah Sedaya Sdn. Bhd. Malaysia 100% Dormant Subsidiary of Masuda Corporation Sdn. Bhd. Matrix Project Management Sdn .Bhd. Malaysia 100% Dormant Subsidiaries of Matrix Concepts Sdn. Bhd. Matrix Country Club Sdn. Bhd. Malaysia 100% Clubhouse operator Matrix Hotels Management Sdn. Bhd. Malaysia 100% Hotel management and hospitality services Subsidiary of MGE Development Sdn. Bhd. Matrix Educare Sdn. Bhd. Malaysia 51% Provision of education services Subsidiary of Matrix Concepts (Central) Sdn. Bhd. Matrix Concepts (Cheras) Sdn. Bhd. Malaysia 100% Property development Subsidiary of Matrix Healthcare Sdn. Bhd. Matrix Medicare Sdn. Bhd. Malaysia 70% Provision of healthcare services Subsidiaries of Matrix Development (Australia) Pty Ltd Matrix 333 St Kilda (Australia) Pty Ltd Australia 100% Property development Matrix Greenvale (Australia) Pty Ltd Australia 100% Property development Matrix Property Management (Australia) Pty Ltd Australia 100% Management of defect works and rental guarantees for completed group property development The available auditors’ reports on the financial statements of the subsidiaries did not contain any qualification. DIRECTORS’ REPORT (CONT’D) FINANCIAL STATEMENTS 141 INTEGRATED ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NDgzMzc=