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# 2021 2020 2021 2020 % % % % Selesa Rakyat Sdn Bhd Malaysia Real estate activities, property 100 – – – development and investment, land acquisition, construction, trading, consultancy and advisory Sempurna Rakyat Sdn Bhd Malaysia Real estate activities, property 100 – – – development and investment, land acquisition, construction, trading, consultancy and advisory Tropicana Danga Senibong Sdn Bhd ** Malaysia Property development – 70 – 30 Tropicana Development Malaysia Property development 100 100 – – (Johor Bahru) Sdn Bhd Tropicana Development Malaysia Property agent and 100 100 – – (Penang) Sdn Bhd investment holding Tropicana Development Malaysia Property investment 100 100 – – (Sabah) Sdn Bhd Tropicana Development Malaysia Property development and 100 100 – – (Sg. Besi) Sdn Bhd investment holding Tropicana Education Malaysia Property investment 85 85 15 15 Management Sdn Bhd Tropicana Firstwide Sdn Bhd Malaysia Property investment, 100 100 – – development activities and agriculture business Tropicana Gloves Sdn Bhd Malaysia Manufacturing, distribution, 100 – – – wholesaling and trading of all types of gloves Tropicana Golf & Country Malaysia Property development, sale of land, 100 100 – – Resort Berhad (“TGCRB”) recreation and resort 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# 2021 2020 2021 2020 % % % % Subsidiaries of TGCRB: Spring Garden Star Sdn Bhd Malaysia Operating of Chinese Restaurant 51 100 49 – Tropicana Cuisines Catered Sdn Bhd Malaysia Food and beverage, event organiser 100 – – – and operating of restaurants Tropicana Desa Mentari Sdn Bhd Malaysia Property development and 100 100 – – property investment Tropicana Management Malaysia Property management and 100 100 – – Services Sdn Bhd maintenance services Tropicana Sungai Buloh Sdn Bhd Malaysia Property development 100 100 – – Tropicana GP Views Sdn Bhd Malaysia Property investment and 100 100 – – development activities Tropicana Harapan Sdn Bhd Malaysia Property development, provision 100 100 – – of project management, sales and marketing services and investment holding Tropicana Healthcare Supplies Sdn Bhd Malaysia Nitrile examination glove 100 100 – – and face mask Tropicana Innovative Landscape Sdn Bhd Malaysia Provision of landscape services 100 100 – – Tropicana Inspirasi Sdn Bhd (“TINSB”) Malaysia Investment holding 100 100 – – Subsidiaries of TINSB: Tropicana Inspirasi Impian Sdn Bhd Malaysia Property development and 100 51 – 49 property investment Tropicana Inspirasi Indah Sdn Bhd Malaysia Property development and 100 51 – 49 property investment FINANCIAL STATEMENTS NOTES TO THE For the financial year ended 31 December 2021 Annual Report 2021 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 280 281
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