Page 132 - S P Setia Annual Report 2013
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130 | Financial Statements S P SETIA BERHAD GROUP Annual Report 2013





NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2013 (CONT’D)






8. inVeStmentS in JOintlY cOntROlleD entitieS (cOnt’D)

The jointly controlled entities are as follows:
Proportion of
ownership interest
Direct indirect country of
2013 2012 2013 2012 incorporation Principal activities
% % % %

^ Exceljade Sdn Bhd - 70 - - Malaysia Property development

^ Sendiman Sdn Bhd - 70 - - Malaysia Property development

Kemboja Mahir Sdn Bhd 70 70 - - Malaysia Property development

Setia Putrajaya Sdn Bhd 60 60 - - Malaysia Property development,
building construction and
investment holding

Setia Putrajaya Construction Sdn Bhd - - 60 60 Malaysia Building construction

Setia Putrajaya Development Sdn Bhd - - 60 60 Malaysia Property development

Bandar Eco-Setia Sdn Bhd 50 50 - - Malaysia Property development
and property investment

Setia Eco Park Recreation Sdn Bhd - - 50 50 Malaysia Club operator

Ganda Anggun Sdn Bhd - - 70 70 Malaysia Property development
Kesas Kenangan Sdn Bhd - - 70 70 Malaysia Property development
and property investment
Greenhill Resources Sdn Bhd - - 50 50 Malaysia Property investment

Setia Eco Glades Sdn Bhd 70 70 - - Malaysia Property development
and property
investment holding

* SetiaBecamex Joint Stock Company - - 55 55 Vietnam Property development
* Qinzhou Development (Malaysia) 45 45 - - Malaysia Investment holding
Consortium Sdn Bhd

Qinzhou Development - - 45 45 Hong Kong Investment holding
(Hong Kong) Limited
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