18. INVESTMENTS IN SUBSIDIARIES (CONT’D.) Details of the subsidiaries are as follows: (cont’d.) Name of subsidiaries Country of incorporation Principal activities Effective interest held by the Group# Effective interest held by non-controlling interests# 2025 % 2024 % 2025 % 2024 % BK Utilities Sdn Bhd Malaysia Water treatment and water supply 100 100 - - Daya Petaling Sdn Bhd Malaysia Property investment 100 100 - - Greenforest Realty Sdn Bhd^ Malaysia Property development and property investment - 100 - - Greenhouse Farm and Fishery Sdn Bhd Malaysia Agriculture, fishery and trading 100 100 - - Lido Waterfront Land Sdn Bhd Malaysia Property development 100 100 - - Marvelscape Sdn Bhd Malaysia Investment holding and property development 100 100 - - Megaxis Sdn Bhd (“MSB”) Malaysia Investment holding 100 100 - - Subsidiaries of MSB: Tropicana Coliseum (Ipoh) Sdn Bhd Malaysia Investment holding 100 100 - - Tropicana Lido Development Sdn Bhd^ Malaysia Property investment and investment holding - 100 - - Tropicana Paisley Sdn Bhd (“TPSLSB”) Malaysia General trading, investment holding and property investment 100 100 - - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 AR 2025 | FINANCIAL STATEMENT & OTHER INFORMATION 300
RkJQdWJsaXNoZXIy NDgzMzc=