MKH BERHAD | ANNUAL REPORT 2023 197 15. INVESTMENT IN SUBSIDIARIES (CONT’D) Details of the subsidiaries are as follows: (Cont’d) Country of Proportion of ownership interest and voting power held by the Group Name of subsidiary incorporation Principal activities 2023 2022 MKH Development Sdn. Bhd. Malaysia Property development 100% 100% # MKH Food Sdn. Bhd. Malaysia Dormant 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 Malaysia Investment holding and providing management services 100% 100% 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 50.0002% 50.0002% # Pelangi Seri Alam Development Sdn. Bhd. Malaysia Building and civil works contracting, project and building management services 100% 100% ^ # 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 Indah Sdn. Bhd. Malaysia Property management, property investment and investment holding 100% 100% NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
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