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Annual Report 2014 | S P SETIA BERHAD GROUP | 143

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2014

V. FINANCIAL STATEMENTS

6. INVESTMENTS IN SUBSIDIARY COMPANIES (CONT’D)

Equity interest

Direct

Indirect

Country of

2014

2013

2014

2013 incorporation Principal activities

% % % %

Setia Ecohill 2 Sdn Bhd

100

100

-

-

Malaysia

Property development

and property

investment holding

S P Setia Property Holdings

Sdn Bhd

100

100

-

-

Malaysia

Property investment

holding

Setia Hicon Sdn Bhd

100

100

-

-

Malaysia

Property development

S P Setia Technology Sdn Bhd

100

100

-

-

Malaysia

Contractor for home

automation and alarm

systems

S P Setia PMC Sdn Bhd

100

100

-

-

Malaysia

General management and

administration services

Setia Promenade Sdn Bhd

100

100

-

-

Malaysia

Property development

and property

investment holding

*

Bukit Indah Property

Management Sdn Bhd

70

70

-

-

Malaysia

Property development

*

Kewira Jaya Sdn Bhd

100

100

-

-

Malaysia

Property development

*

Kay Pride Sdn Bhd

-

-

100

100

Malaysia

Property development

and property

investment holding

Aeropod Sdn Bhd

100

100

-

-

Malaysia

Property development

and property

investment holding

Setiahomes (MM2H) Sdn Bhd

100

100

-

-

Malaysia

Dormant

Eco Meridian Sdn Bhd

100

100

-

-

Malaysia

Construction and operation

of concession asset

and property

investment holding

Setia Ecohill Sdn Bhd

100

100

-

-

Malaysia

Property development and

property investment

holding

*

S P Setia (Indonesia) Sdn Bhd

100

100

-

-

Malaysia

Representative office in

Indonesia

*

Retro Highland Sdn Bhd

50

50

-

-

Malaysia

Property development

*

Setia City Development Sdn Bhd

100

100

-

-

Malaysia

Property development

and property

investment holding

Gita Kasturi Sdn Bhd

100

100

-

-

Malaysia

Property development

and property

investment holding

*

Intra Hillside Sdn Bhd

100

100

-

-

Malaysia

Property development

and property

investment holding