Notes to the Financial Statements for the Financial Year Ended 30 September 2024 Sustaining Lives, Empowering Communities Governance That Inspires Confidence Financial Insights Through Numbers Empowering Ownership PG. 225 15. INVESTMENT IN SUBSIDIARIES The Company 2024 2023 RM RM At cost Quoted shares in Malaysia 62,669,698 - Unquoted shares 1,031,780,570 1,069,750,268 Redeemable convertible preference shares (“RCPS”) 270,000,000 270,000,000 1,364,450,268 1,339,750,268 Accumulated impairment loss At beginning and end of year (11,436,626) (11,436,626) Net carrying amount 1,353,013,642 1,328,313,642 Market value of quoted shares 177,579,611 - Details of the subsidiaries are as follows: Name of subsidiary Country of incorporation Proportion of ownership interest and voting power held by the Group Principal Activities 2024 2023 # Achieve Acres Sdn. Bhd. Malaysia Property development 85% 85% Aliran Perkasa Sdn. Bhd. Malaysia Property development 100% 100% Amona MKH Ventures Sdn. Bhd. Malaysia Property development 50.00001% 50.00001% Budi Bidara Sdn. Bhd. Malaysia Property development 100% 100% # Dapat Jaya Builder Sdn. Bhd. Malaysia Investment holding 100% 100% ^ # Everland Asia Development Sdn. Bhd. Malaysia Property development 100% 100% # Gabung Wajib Sdn. Bhd. Malaysia Investment holding and management services 100% 100%
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