Tropicana Corporation Berhad Annual Report 2019
18. INVESTMENTS IN SUBSIDIARIES (CONT’D.) Details of the subsidiaries are as follows: (cont’d.) Effective Effective interest interest held by Country of held by the NCI Name of subsidiaries incorporation Principal activities Group # interests # 2019 2018 2019 2018 % % % % Subsidiary of SSSB: Tropicana Saujana Sdn Bhd Malaysia Investment holding 100 100 – – Supreme Converge Sdn Bhd Malaysia Investment holding 100 100 – – Tropicana Acehub Sdn Bhd Malaysia Investment holding 100 – – – (formerly known as (“ fka ”) Acehub Fortune Sdn Bhd (“ TAHSB ”)) Subsidiary of TAHSB: Lido Waterfront Boulevard Sdn Bhd Malaysia Property investment and development activities 65 – 35 – (“ LWBSB ”) Tropicana Aman Sdn Bhd (“ TASB ”) Malaysia Property development 100 100 – – Subsidiary of TASB: Sapphire Step Sdn Bhd Malaysia Property development and property investment 100 100 – – Tropicana Building Materials Sdn Bhd Malaysia Trading of building materials 100 100 – – Tropicana Bukit Bintang Development Malaysia Property development and property investment 100 100 – – Sdn Bhd Tropicana Business Consulting People’s Provision of consultancy services for related 100 100 – – (Shenzhen) Pte. Ltd. * Republic services on conferences and exhibitions of China Tropicana Central Department Store Malaysia Management and operation of department store 100 – – – Sdn Bhd Tropicana Central Garden Mall Sdn Bhd Malaysia Management and operation of mall 100 – – – Tropicana Cheras Sdn Bhd Malaysia Property development 100 100 – – For the financial year ended 31 December 2019 Notes to the Financial Statements Tropicana Corporation Berhad Annual Report 2019 pg 180 About Tropicana Our Strategic Performance Our Leadership
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