158 Annual Report 2022 Notes to the Financial Statements For the Financial Year Ended 30 September 2022 INVESTMENT IN SUBSIDIARIES (CONT’D) 15. Details of the subsidiaries are as follows: (Cont’d) 2022 Principal activities Country of incorporation 2021 Proportion of ownership interest and voting power held by the Group Metro Tiara (M) Sdn. Bhd. Malaysia Property management and property investment 100% 100% € MKH Building Materials Sdn. Bhd. Malaysia Trading of building materials and household related products 100% 100% € MKH Development Sdn. Bhd. Malaysia Property development 100% 100% # MKH Food Sdn. Bhd. Malaysia Dormant 100% 100% € MKH Plantation Sdn. Bhd. Malaysia Investment holding 100% 100% θ Pelangi Binaraya Sdn. Bhd. Malaysia Property development 100% 50.0002% # Pelangi Semenyih Sdn. Bhd. Malaysia Property development 100% 100% € # Perkasa Bernas (M) Sdn. Bhd. Malaysia Property development and management services 100% 100% € Petik Mekar Sdn. Bhd. Malaysia Property development 100% 100% € Serba Sentosa Sdn. Bhd. Malaysia Property development 100% 100% # Serentak Maju Corporation Sdn. Bhd. Malaysia Property development 100% 100% € Srijang Kemajuan Sdn. Bhd. Malaysia Property development and property investment 99.99% 99.99% Srijang Indah Sdn. Bhd. Malaysia Property management, property investment and investment holding 100% 100% # Pelangi Seri Alam Development Sdn. Bhd. Malaysia Building and civil works contracting, project and building management services 100% 100% MKH Resources Sdn. Bhd. Malaysia Management services 100% 100% Nexus Starship Sdn. Bhd. Malaysia Management services 100% 100% ! MKH Land (Aust) Pty Ltd. Australia Dormant 100% 100% # MKH Management Sdn. Bhd. Malaysia Management, secretarial services and insurance agency 100% 100% @ MKH Oil Palm (East Kalimantan) Berhad (formerly known as MKH Global Plantation Sdn. Bhd.) Malaysia Investment holding and providing management services 100% 100% MKH Credit Corporation Sdn. Bhd. Malaysia Money lending, hire-purchase and leasing finance 100% 100% Name of subsidiary
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