PRG Holdings Berhad Annual Report 2019

ANNUAL REPORT 2019 123 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 cont’d 10. INVESTMENTS IN SUBSIDIARIES (continued) (g) Interests in subsidiaries The details of the subsidiaries are as follows: Name of company Country of incorporation Interest in equity held by Principal activities Company Subsidiaries 2019 2018 2019 2018 % % % % Furniweb Holdings Limited* Cayman Islands 54.19 63 - - Investment holding company Premier JPC Sdn. Bhd. Malaysia 100 100 - - Investment holding company PRG Asset Sdn. Bhd. Malaysia 100 100 - - Investment holding company PRG Construction Sdn. Bhd. Malaysia 100 100 - - Investment holding company PRG Healthcare Sdn. Bhd. Malaysia 100 100 - - Investment holding company PRG Management Services Sdn. Bhd. Malaysia 100 100 - - Providing management services PRG Property Sdn. Bhd. Malaysia 100 100 - - Investment holding company PRG Asset Holdings Sdn. Bhd. Malaysia 100 100 - - Dormant PRG Agro Sdn. Bhd. Malaysia - 100 - - Sale of agriculture produce Premier Electrify Sdn. Bhd. Malaysia 100 - - - Dormant Subsidiaries of Furniweb Holdings Limited FIPB International Limited* British Virgin Islands - - 100 100 Investment holding company Premier Management International Limited* Hong Kong - - 100 100 Investment holding company Delightful Grace Holdings Limited* British Virgin Islands - - 100 - Investment holding company Meinaide Holdings Group Limited* British Virgin Islands - - 100 - Investment holding company