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 % % % % Tropicana Rhythm Crest Sdn Bhd Malaysia Property investment and development activities 100 – – – (fka Rhythm Crest Sdn Bhd) Tropicana Sadong Jaya Development Malaysia Property investment 100 100 – – Sdn Bhd Tropicana Sanctuary Holdings Sdn Bhd Malaysia Investment holding – 50.1 – 49.9 (“ TSHSB ”) Subsidiary of TSHSB: Tropicana Sanctuary Development Malaysia Property investment and development activities 70 35.07 30 64.93 Sdn Bhd (“ TSDSB ”) Tropicana Scenic Development Malaysia Property investment and development activities 100 – – – Sdn Bhd Tropicana Senibong Sdn Bhd Malaysia Property development and property investment 100 100 – – Tropicana Serdang Suria Sdn Bhd Malaysia Property development 100 100 – – Tropicana Shared Services Sdn Bhd Malaysia Provision of management services 100 100 – – Tropicana SJII Education Management Malaysia Provision of education services 51 51 49 49 Sdn Bhd Tropicana Subang South Development Malaysia Property development and investment holding 100 100 – – Sdn Bhd Tropicana Tawau Development Sdn Bhd Malaysia Property investment 100 100 – – Tropicana Technology Sdn Bhd Malaysia Research and development of software 100 100 – – pg 187 Tropicana Corporation Berhad Annual Report 2019 Sustainability at Tropicana What We’ve Governed Financial Statements & Other Information