MKH Annual Report 2020

162 FINANCIAL STATEMENTS ANNUAL REPORT 2020 15. INVESTMENT IN SUBSIDIARIES (CONT’D) Country of Proportion of ownership interest and voting power held by the Group Name of subsidiary incorporation Principal activities 2020 2019 € Srijang Kemajuan Sdn. Bhd. Malaysia Property development and  property investment 99.99% 99.99% € Stand Allied Corporation  Sdn. Bhd. Malaysia Property development 100% 100% Sumber Lengkap Sdn. Bhd. Malaysia Property development 100% 100% € Suria Villa Sdn. Bhd. Malaysia Property development 100% 100% Vista Haruman  Development Sdn. Bhd. Malaysia Property development 55% 55% Subsidiaries of Detik  Merdu Sdn. Bhd. #@ PT Maju Kalimantan  Hadapan Republic of Indonesia Oil palm plantation 95% 95% # PT Nusantara Makmur Jaya Republic of Indonesia Dormant 100% 100% Subsidiary of MKH  Plantation Sdn. Bhd. #@ PT Sawit Prima Sakti Republic of Indonesia Oil palm plantation 75% 75% Subsidiaries of Gabung  Wajib Sdn. Bhd. Amona Metro  Development Sdn. Bhd. Malaysia Property development 60% 60% Alif Mesra Sdn. Bhd. Malaysia Property development 65% 65% Subsidiary of GK Resort  Berhad PNSB-GK Resort Sdn. Bhd. Malaysia Property development 70% 70% Subsidiary of Kumpulan  Indah Bersatu Sdn. Bhd. Palga Sdn. Bhd. Malaysia Investment holding 100% 100%