18. INVESTMENTS IN SUBSIDIARIES (CONT’D.) Details of the subsidiaries are as follows: Effective Effective interest interest held by Country of held by the non-controlling Name of subsidiaries incorporation Principal activities Group# interests# 2022 2021 2022 2021 % % % % Advent Nexus Sdn Bhd Malaysia Investment holding 100 100 – – Arah Pelangi Sdn Bhd Malaysia Property development 100 100 – – Bakat Rampai Sdn Bhd (“BRSB”) Malaysia Investment holding 100 100 – – Subsidiaries of BRSB: Dicorp Land Sdn Bhd Malaysia Property development 100 100 – – Tropicana City Sdn Bhd Malaysia Property development 100 100 – – (“TCSB”) and property investment Subsidiaries of TCSB: Dicasa Management Malaysia Property management and 100 100 – – Services Sdn Bhd maintenance services Tropicana City Malaysia Property management 100 100 – – Management Sdn Bhd services Tropicana Kajang Hill Sdn Bhd Malaysia Property development 100 100 – – Tropicana Parking Sdn Bhd Malaysia Management of car 100 100 – – parking facilities Tropicana Indah Realty Malaysia Investment holding 100 100 – – Sdn Bhd (“TIRSB”) Subsidiary of TIRSB: Tropicana Indah Sdn Bhd Malaysia Property development, 70 70 30 30 property investment, distribution and sales of electricity Bestari Golden Sdn Bhd Malaysia Property investment and 100 100 – – investment holding Bestari Violet Sdn Bhd Malaysia Property investment and 100 100 – – investment holding NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 214 ANNUAL REPORT 2022
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