160 Annual Report 2021 15. INVESTMENT IN SUBSIDIARIES (CONT’D) Details of the subsidiaries are as follows: (Cont’d) Proportion of ownership interest and voting power held by the Group Country of Name of subsidiary incorporation Principal activities 2021 2020 MKH Plantation Sdn. Bhd. Malaysia Investment holding 100% 100% MKH Resources Sdn. Bhd. Malaysia Management services 100% 100% Nexus Starship Sdn. Bhd. Malaysia Investment holding 100% 100% Pelangi Binaraya Sdn. Bhd. Malaysia Property development 100% 100% Pelangi Seri Alam Malaysia Building and civil works 100% 100% Development Sdn. Bhd. contracting Pelangi Semenyih Sdn. Bhd. Malaysia Property development 100% 100% Perkasa Bernas (M) Sdn. Bhd. Malaysia Property development 100% 100% and management services € Petik Mekar Sdn. Bhd. Malaysia Property development 100% 100% Serba Sentosa Sdn. Bhd. Malaysia Property development 100% 100% Serentak Maju Corporation Malaysia Property development 100% 100% Sdn. Bhd. Srijang Indah Sdn. Bhd. Malaysia Property investment and 100% 100% management and investment holding € Srijang Kemajuan Sdn. Bhd. Malaysia Property development 99.99% 99.99% and property investment € Stand Allied Corporation Malaysia Property development 100% 100% Sdn. Bhd. Sumber Lengkap Sdn. Bhd. Malaysia Property development 100% 100% € Suria Villa Sdn. Bhd. Malaysia Property development 100% 100% Vista Haruman Development Malaysia Property development 55% 55% Sdn. Bhd. Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2021
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