PRG Holdings Berhad Annual Report 2019

ANNUAL REPORT 2019 125 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 cont’d 10. INVESTMENTS IN SUBSIDIARIES (continued) (g) Interests in subsidiaries (continued) The details of the subsidiaries are as follows (continued): Name of company Country of incorporation Interest in equity held by Principal activities Company Subsidiaries 2019 2018 2019 2018 % % % % Subsidiary of Furniweb (Vietnam) Shareholding Company Premier Elastic Webbing & Accessories (Vietnam) Co., Ltd. # Vietnam - - 57 57 Manufacture and sale of narrow fabrics Subsidiary of Premier Management International Limited PP Retail Pte. Ltd. # Singapore - - 100 100 Retail sale of clothing, footwear and ancillary products Subsidiaries of Delightful Grace Holdings Limited Fly High Finance Limited* Hong Kong - - 100 - Money lending Rich Day Global Limited* British Virgin Islands - - 100 - Dormant Subsidiaries of Meinaide Holdings Group Limited Meinaide Technology Development Limited* Hong Kong - - 100 - Trading and sale of PVC and other plastic products Perfect Moral Ventures Limited* Hong Kong - - 100 - Investment holding company Subsidiary of Meinaide Technology Development Limited Jiangmenshi Meinaide Technology Company Limited* China - - 90 - Production and sale of PVC and other plastic products Subsidiary of Perfect Moral Ventures Limited Jiangmenshi Meinaide Technology Company Limited* China - - 10 - Production and sale of PVC and other plastic products