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 Urban Homes Sdn Bhd Malaysia Property development and property investment 100 49 – 51 Tropicana Wisma TT Sdn Bhd Malaysia Property development and property investment 100 100 – – Twinkle Realty Sdn Bhd Malaysia Property development 100 – – – Ultimate Support Sdn Bhd Malaysia Provision of network application services 100 100 – – Waves Realty Sdn Bhd Malaysia Property development 100 – – – All subsidiaries are audited by Ernst & Young PLT, Malaysia except as indicated below: * Audit by firms other than Ernst & Young PLT # Equals to the proportion of voting rights held ^ Struck off pursuant to Section 550 of the Companies Act 2016 ** In the Members’ Voluntary Liquidation For the financial year ended 31 December 2019 Notes to the Financial Statements Tropicana Corporation Berhad Annual Report 2019 pg 188 About Tropicana Our Strategic Performance Our Leadership