18. INVESTMENTS IN SUBSIDIARIES (CONT’D.) Details of the subsidiaries are as follows: (cont’d.) Effective Effective interest interest held by Country of held by the non-controlling Name of subsidiaries incorporation Principal activities Group# interests# 2024 2023 2024 2023 % % % % Pixelcloud Sdn Bhd (“PSB”) Malaysia Investment holding 100 100 – – Subsidiary of PSB: Cenang Resort Sdn Bhd Malaysia Property investment and 100 100 – – property development Purple Pumkie Organic Farm Malaysia Organic farming and 100 100 – – Sdn Bhd growing of vegetables Raintree Realty Sdn Bhd^ Malaysia Property development and – 100 – – property investment Suasana Metro Sdn Bhd Malaysia Property investment and 70 70 30 30 development activities Suci Padu Resources Sdn Bhd Malaysia Property development 100 100 – – Supreme Converge Sdn Bhd Malaysia Trading of property 100 100 – – T Journey Collection Sdn Bhd Malaysia Property management 100 100 – – (fka Island Sands services and hospitality Property Management services Sdn Bhd) Tropicana Acehub Sdn Bhd Malaysia Investment holding 100 100 – – (“TAHSB”) Subsidiary of TAHSB: Lido Waterfront Boulevard Malaysia Property investment and 65 65 35 35 Sdn Bhd (“LWBSB”) development activities Subsidiary of LWBSB: Lido Waterfront Duty Malaysia To carry on the business 60 – 40 – Free Sdn Bhd as operator for duty free (Note 18(a)(ix)) shop Tropicana Alam Sdn Bhd Malaysia Property development and 100 100 – – property investment FINANCIAL STATEMENTS & OTHER INFORMATION 283
RkJQdWJsaXNoZXIy NDgzMzc=