PRG Holdings Berhad Annual Report 2020

PRG HOLDINGS BERHAD 122 11. INVESTMENTS IN SUBSIDIARIES (continued) (f) Interests in subsidiaries (continued) The details of the subsidiaries are as follows: (continued) Interest in equity held by Country of Company Subsidiaries Name of company incorporation 2020 2019 2020 2019 Principal activities % % % % Subsidiary of Furniweb (Vietnam) Shareholding Company Premier Elastic Vietnam - - ^ 57 Manufacture and sale of Webbing & Accessories narrow elastic fabrics (Vietnam) Co., Ltd.#^ Subsidiary of Premier Management International Limited PP Retail Pte. Ltd.* Singapore - - 100 100 Retail sale of clothing, footwear and ancillary products PRG Land Sdn. Bhd. Malaysia - - 100 - Dormant Subsidiaries of Delightful Grace Holdings Limited Fly High Finance Limited* Hong Kong - - 100 100 Money lending Rich Day Global Limited* British Virgin Islands - - 100 100 Investment holding Subsidiaries of Meinaide Holdings Group Limited Meinaide Technology Hong Kong - - 100 100 Trading and sale of PVC Development Limited* and other plastic products Perfect Moral Ventures Limited* Hong Kong - - 100 100 Investment holding company Notes to the Financial Statements 31 December 2020 cont’d