Section 8 UEM Edgenta Berhad FINANCIAL STATEMENTS 390 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 47. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES (CONTD.) Name of Companies Country of incorporation Issued and paid-up share capital RM Effective proportion of ownership interest Principal activities 2023 % 2022 % Subsidiary of Edgenta GreenTech Sdn. Bhd.: Operon Consulting Sdn. Bhd. Malaysia 1,128,260 70 70 Asset management consultancy services KFM Energy Services Sdn. Bhd. Malaysia 2,000,000 100 100 Provision of consultancy and other services relating to energy conservation and renewable energy KFM Projects Sdn. Bhd. Malaysia 100,000 100 100 In liquidation KFM Solutions Sdn. Bhd. Malaysia 100,000 100 100 Consultancy services in the green, smart and connected urban ecology and integrated facility management services KFM Systems Sdn. Bhd. Malaysia 100,000 100 100 Consultancy and contractors for building management systems for the built environment Veridis PPP One Sdn. Bhd. Malaysia 275,000 100 100 Concession holder specialising in retro-fitting works of building utilising green technology Operon Middle East Limited (a) British Virgin Island USD 1,503,200 100 100 Facilities management and building cleaning services
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