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# 2022 2021 2022 2021 % % % % Tropicana Danga Cove Malaysia Investment holding 100 100 – – Holding Sdn Bhd Tropicana Danga Lagoon Malaysia Property investment, 100 100 – – Development Sdn Bhd development activities (“TDLDSB”) and investment holding Subsidiaries of TDLDSB: Tropicana Danga Lagoon Malaysia Property investment and 100 100 – – Land Sdn Bhd development activities Tropicana Danga Malaysia Property investment and 100 100 – – Lapanbelas Sdn Bhd development activities Tropicana Danga Lagoon Malaysia Property investment and 100 100 – – Garden Sdn Bhd development activities Tropicana Danga Lagoon Malaysia Property development and 100 100 – – Sdn Bhd (“TDLSB”) investment holding Subsidiary of TDLSB: Tropicana Lagoon Sdn Bhd Malaysia Property development 100 100 – – Tropicana Danga Senibong Malaysia Investment holding 100 100 – – Holding Sdn Bhd (“TDSHSB”) Subsidiaries of TDSHSB: Sehati Rakyat Sdn Bhd Malaysia Real estate activities, 100 100 – – property development and investment, land acquisition, construction, trading, consultancy and advisory Sejahtera Rakyat Sdn Bhd Malaysia Real estate activities, 100 100 – – property development and investment, land acquisition, construction, trading, consultancy and advisory 219 FINANCIAL STATEMENTS & OTHER INFORMATION
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