Chemical Company of Malaysia Berhad Annual Report 2019
Name of subsidiaries Principal place of business/ Country of incorporation Principal activities Effective ownership interest and voting interest 2019 2018 % % CCM Agri-Max Sdn. Bhd. and its subsidiaries: Malaysia Investment holding 100.0 100.0 CCM Fertilizers Sdn. Bhd. and its subsidiary: Malaysia Dormant 50.1 50.1 Max Agriculture Sdn. Bhd. */^ Malaysia Dormant 50.1 50.1 Innovative Resins Sdn. Bhd. Malaysia Investment holding 100.0 100.0 CCM Marketing Sdn. Bhd. */^ Malaysia Dormant 100.0 100.0 CCM Investments Limited** British Virgin Islands Dormant 100.0 100.0 Yayasan CCM (Limited by Guarantee) Malaysia To receive and administer funds for education and charitable purposes 100.0 100.0 * Not audited by member firms of KPMG PLT. ** Not required to be audited and consolidated based on unaudited financial statements. ^ The entities are in liquidation process during the year. 7. Investments in subsidiaries (continued) BUSINESS OVERVIEW OTHER INFORMATION GOVERNANCE STRUCTURE 163 ANNUAL REPORT 2019 FINANCIAL STATEMENTS
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