Sasbadi Annual Report 2022

FINANCIAL STATEMENTS (continued) 92 8. INVESTMENT IN SUBSIDIARIES (continued) (b) Details of the subsidiaries, which are all incorporated and operating in Malaysia, are as follows: (continued) Effective ownership interest and Name of Company voting interest Principal activities 2022 2021 % % Subsidiary of Sanjung Unggul Sdn. Bhd. The Malaya Press Sdn. Bhd. 100 100 Publishing of books Subsidiaries of United Publishing House (M) Sdn. Bhd. G-Apple Studio Sdn. Bhd. 100 100 Dormant Penerbitan Daya Sdn. Bhd. 100 100 Dormant Penerbitan Minda Sdn. Bhd. 100 100 Dormant UPH Distributor Sdn. Bhd. 100 100 Dormant Pinko Creative Sdn. Bhd. 100 100 Publishing of books and trading of all kinds of printed materials Subsidiary of Sasbadi Learning Solutions Sdn. Bhd. Distinct Motion Sdn. Bhd. 100 100 Provider of learning activities related to robotics and science, technology, engineering and mathematics (STEM) education Subsidiaries of The Malaya Press Sdn. Bhd. Media Distribution Sdn. Bhd. 100 100 Dormant Jinbang Publication Sdn. Bhd. 100 100 Publication of books Big Tree Publications Sdn. Bhd. 100 100 Publication of books Subsidiary of Distinct Motion Sdn. Bhd. Distinct Element Sdn. Bhd. 100 100 Dormant 92 SASBADI HOLDINGS BERHAD

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