2019 UEM Edgenta Annual Report

264 265 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION Notes to the Financial Statements For the year ended 31 December 2019 Notes to the Financial Statements For the year ended 31 December 2019 UEM Edgenta Berhad Annual Report 2019 45. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES (CONT’D.) Name of Companies Country of incorporation Issued and paid-up share capital Effective proportion of ownership interest Principal activities 2019 2018 RM % % Subsidiary of Faber Development Holdings Sdn. Bhd.: Faber Union Sdn. Bhd. Malaysia 97,000,000 100 100 Property development Rimbunan Melati Sdn. Bhd. Malaysia 14,159,091 55 55 Property development Faber Grandview Development (Sabah) Sdn. Bhd. Malaysia 4,500,000 100 100 Property development Faber Heights Management Sdn. Bhd. Malaysia 2 100 100 Property management Country View Development Sdn. Bhd. Malaysia 11,200,000 100 100 Property development and provision of facilities management services Subsidiary of Edgenta Facilities Sdn. Bhd.: Edgenta Facilities Management Sdn. Bhd. Malaysia 5,000,000 100 100 Facilities management services Faber Star Facilities Management Limited (b) India Rs3,57,10,770 100 100 In liquidation General Field Sdn. Bhd. Malaysia 2 100 100 Provision of energy performance management services Associate of Edgenta Facilities Sdn. Bhd.: Faber Sindoori Management Services Private Limited (b) India Rs9,23,780 51 51 Facilities management in India Subsidiary of Edgenta PROPEL Berhad: Edgenta Infrastructure Services Sdn. Bhd. Malaysia 100,000 100 100 Maintenance and repair of civil mechanical and electrical works on roads, infrastructure expressways and industrial cleaning services PT Edgenta PROPEL Indonesia Indonesia Rp10.0billion 99.9 99.6 Provision of management consultancy and advisory related to management of roads 45. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES (CONT’D.) Name of Companies Country of incorporation Issued and paid-up share capital Effective proportion of ownership interest Principal activities 2019 2018 RM % % Jointly Controlled Operation of Edgenta PROPEL Berhad: Edgenta PROPEL -NRC JO Unincorporated - 55 55 Providing highway maintenance services Jointly Controlled Operation of PT Edgenta PROPEL Indonesia PT Edgenta PROPEL PT Astra Nusantara - Astra Infra Solutions JO Unincorporated - 50 - Providing highway maintenance services Subsidiary of Opus Group Berhad: Builders Credit & Leasing Sdn. Bhd. Malaysia 600,000 100 100 Investment holding Opus International (NZ) Limited (a) NewZealand NZD200 100 100 Investment holding Opus International (M) Berhad Malaysia 15,000,000 100 100 Management of the planning, design and construction of infrastructure projects and provision of facilities management services Subsidiary of Opus International (M) Berhad: Opus Management Sdn. Bhd. Malaysia 1,000,000 100 100 Management of the planning, design and construction of infrastructure projects and provision of facilities management services Opus Consultant (Sarawak) Sdn. Bhd. Malaysia 75,000 100 - Provision of project management and engineering consultancy services Pengurusan Lantas Berhad Malaysia 5,000,000 100 100 Provision of technical management support services for the planning, design and construction of projects Pengurusan LRT Sdn. Bhd. Malaysia 2 100 100 In liquidation Opus International India Private Limited (b) India Rs4,60,000 100 100 Provision of asset development and asset management services Opus Al-Dauliyyah L.L.C. (a)(d) The Kingdom of Saudi Arabia SAR500,000 100 100 Engineering consultancy services