Page 147 - S P Setia Annual Report 2016

 

 

 

 

 

Page 147 - S P Setia Annual Report 2016
P. 147

S P Setia Berhad Group                                                                                145
          Annual Report 2016




                                                                               Notes To The Financial Statements

                                                                                  For The Financial Year Ended 31 December 2016

          8.   INVESTMENTS IN SUBSIDIARY COMPANIES (CONT’D.)

              The subsidiary companies are as follows:

                                                               Equity interest
                                                           Direct        Indirect    Country of
                                                       2016    2015   2016    2015  incorporation  Principal activities
                                                         %      %      %       %
               Bandar Setia Alam Sdn Bhd                100    100      -      -      Malaysia   Property development
                                                                                                  and property investment
                                                                                                  holding

               Setia Indah Sdn Bhd                      100    100      -      -      Malaysia   Property development
                                                                                                  and property investment
                                                                                                  holding

               Setia Duta One Sdn Bhd                   100    100      -      -      Malaysia   Property development
               Syarikat Kemajuan Jerai Sdn Bhd          100    100      -      -      Malaysia   Property development and
                                                                                                  investment holding

               S P Setia Project Management Sdn Bhd      -      -      100    100     Malaysia   Property development
                                                                                                  project management
               Lagavest Sdn Bhd                          -      -      100    100     Malaysia   Investment holding

               Wawasan Indera Sdn Bhd                   50       50    50      50     Malaysia   Property development
               S P Setia Eco-Projects Management Sdn Bhd   -    -      100    100     Malaysia   Property development
                                                                                                  project management
               Setia Recreation Sdn Bhd                 100     -       -     100     Malaysia   Property development

               Ambleside Sdn Bhd                         -      -      100    100     Malaysia   Property development
               Bukit Indah (Johor) Sdn Bhd              100    100      -      -      Malaysia   Property development
                                                                                                  and property investment
                                                                                                  holding
               Setia Bina Raya Sdn Bhd                  100    100      -      -      Malaysia   Inactive
               Setia Precast Sdn Bhd                     -      -      100    100     Malaysia   Building contractors

               Setia-Wood Industries Sdn Bhd            100    100      -      -      Malaysia   Prefabrication, installation,
                                                                                                  sale of wood products
                                                                                                  and provision of kiln dry
                                                                                                  services
               S P Setia Marketing Sdn Bhd               -      -      100    100     Malaysia   Sale of wood products
                                                                                                  and building materials
               S P Setia Estate Management Sdn Bhd      60       60     -      -      Malaysia   Property management
                                                                                                  services

               Setia Readymix Sdn Bhd                   100    100      -      -      Malaysia   Building contractors and
                                                                                                  manufacturing and sale
                                                                                                  of building materials
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