FINANCIAL STATEMENTS (continued) 91 8. INVESTMENTS IN SUBSIDIARIES Company 2022 2021 RM’000 RM’000 Unquoted shares, at cost 93,008 93,008 Less: Impairment loss (2,594) (2,594) 90,414 90,414 (a) Investments in subsidiaries, which are eliminated on consolidation, are stated in the separate financial statements of the Company at cost less any impairment losses. (b) Details of the subsidiaries, which are all incorporated and operating in Malaysia, are as follows: Effective ownership interest and Name of Company voting interest Principal activities 2022 2021 % % Sasbadi Sdn. Bhd. 100 100 Publisher of printed educational materials, distribution of applied learning products, and trading of paper Maya Press Sdn. Bhd. 100 100 Imprint for general titles Orbit Buku Sdn. Bhd. 100 100 Publisher of supplementary educational materials Sasbadi Online Sdn. Bhd. 100 100 Publisher of online/digital educational materials Malaysian Book Promotions Sdn. Bhd. 100 100 Publishing and distribution of printed educational materials and organiser of book fairs and exhibitions MBP Publications Sdn. Bhd. 100 100 Imprint for printed educational materials Mindtech Education Sdn. Bhd. 100 100 Direct marketing of online/ digital educational products Sanjung Unggul Sdn. Bhd. 100 100 General trade and investment holding United Publishing House (M) 100 100 Publishing of dictionaries and Sdn. Bhd. books Sasbadi Learning Solutions Sdn. Bhd. 100 100 Distribution of applied learning products 91 ANNUAL REPORT 2022
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