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 % % % % Tropicana Development Malaysia Property investment 100 100 – – (Sabah) Sdn Bhd Tropicana Development Malaysia Property development and 100 100 – – (Sg. Besi) Sdn Bhd investment holding Tropicana Entertainment Malaysia Property development 100 100 – – and Retail Sdn Bhd Tropicana Firstwide Sdn Bhd Malaysia Property investment, 100 100 – – development activities and agriculture business Tropicana Golf & Country Malaysia Property development, sale 100 100 – – Resort Berhad of land, provision of golfing, (“TGCRB”) sporting and recreational facilities Subsidiaries of TGCRB: Spring Garden Star Sdn Bhd Malaysia Operating of chinese 51 51 49 49 restaurant Tropicana Cuisines Catered Malaysia Food and beverages, event 100 100 – – Sdn Bhd organiser and operating of restaurants Tropicana Desa Mentari Sdn Bhd Malaysia Property development, 100 100 – – property investment, provision of project management and sales and marketing services Tropicana Management Services Malaysia Property management and 100 100 – – Sdn Bhd maintenance services Tropicana Sungai Buloh Sdn Bhd Malaysia Property development 100 100 – – Tropicana GP Views Sdn Bhd Malaysia Property investment and 100 100 – – development activities Tropicana Harapan Sdn Bhd Malaysia Property development, 100 100 – – provision of project management, sales and marketing services FINANCIAL STATEMENTS & OTHER INFORMATION 287
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