Tropicana Corporation Berhad Annual Report 2020

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 non-controlling Name of subsidiaries incorporation Principal activities Group # interests # 2020 2019 2020 2019 % % % % Tropicana Jaya Sdn Bhd Malaysia Investment holding and 100 100 – – renting of properties Tropicana Kemayan Malaysia Investment holding 100 100 – – Development Sdn Bhd Tropicana Kiara Lestari Malaysia Property development 100 100 – – Development Sdn Bhd Tropicana Kiara Lestari Land Sdn Bhd Malaysia Property development 100 100 – – Tropicana Lahad Datu Malaysia Property investment 100 100 – – Development Sdn Bhd Tropicana Land (Sandakan) Sdn Bhd Malaysia Property investment 100 100 – – Tropicana Land Sdn Bhd Malaysia Property development 100 100 – – Tropicana Landmark Sdn Bhd Malaysia Property development 100 100 – – Tropicana Laris Sdn Bhd Malaysia Investment holding 99 – 1 – (fka Cenang Laris Sdn Bhd) Tropicana Lido Development Sdn Bhd Malaysia Property investment 100 100 – – Tropicana Lingkaran Utama Sdn Bhd Malaysia Property investment, development 100 100 – – (" TLUSB ") activities and investment holding Subsidiary of TLUSB: Tropicana Southern Gallery Sdn Bhd Malaysia Property investment and development 100 100 – – activities Tropicana Macalister Avenue Malaysia Hotel operation, property development 100 100 – – (Penang) Sdn Bhd and property investment Tropicana Makmur Arif Sdn Bhd Malaysia Property development and 100 100 – – (fka Sparkling Realty Sdn Bhd) property investment Tropicana Makmur Cahaya Sdn Bhd Malaysia Property development and 100 100 – – (fka Capricorn Realty Sdn Bhd) property investment 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 non-controlling Name of subsidiaries incorporation Principal activities Group # interests # 2020 2019 2020 2019 % % % % Tropicana Makmur Duta Sdn Bhd Malaysia Property development and 100 100 – – (fka Skytree Realty Sdn Bhd) property investment Tropicana Makmur Erat Sdn Bhd Malaysia Property development and 100 100 – – (fka Starling Realty Sdn Bhd) property investment Tropicana Makmur Gagah Sdn Bhd Malaysia Property development and 100 100 – – (fka Raindust Realty Sdn Bhd) property investment Tropicana Makmur Irama Sdn Bhd Malaysia Property development and 100 100 – – (fka Moonlight Realty Sdn Bhd) property investment Tropicana Makmur Peluang Sdn Bhd Malaysia Property development and 100 100 – – (fka Stardust Realty Sdn Bhd) property investment Tropicana Marketplace Sdn Bhd Malaysia Provision of sales and marketing activities 100 100 – – (" TMPSB ") Subsidiary of TMPSB: Marketplace (Hong Kong) Limited * Hong Kong Provisional sales and marketing activities 100 100 – – and consultancy services Tropicana Mentari Development Sdn Bhd Malaysia Investment holding 100 100 – – (" TMDSB ") Subsidiaries of TMDSB: Tropicana Sierra Sdn Bhd Malaysia Property development 100 100 – – Urban Discovery Sdn Bhd Malaysia Investment holding and property investment 100 100 – – Tropicana Metro Sdn Bhd Malaysia Property investment 100 100 – – NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2020 ANNUAL REPORT 2020 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 228 229