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2004 - Hiap Teck Venture Berhad

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4. INVESTMENTS IN SUBSIDIARIES<br />

COMPANY<br />

<strong>2004</strong> 2003<br />

RM'000 RM'000<br />

Unquoted shares at cost 81,570 75,474<br />

During the financial year, the Company subscribed for 6,095,998 new ordinary shares of RM1 each in Alpine Pipe<br />

Manufacturing Sdn Bhd by way of capitalisation of debts due from the said subsidiary.<br />

Details of subsidiaries are as follows:<br />

Country of<br />

Percentage<br />

Name of Subsidiaries Incorporation Interest Held (%) Principal Activities<br />

<strong>2004</strong> 2003<br />

<strong>Hiap</strong> <strong>Teck</strong> Hardware Sdn Bhd Malaysia 100 100 Importers and exporters and<br />

general dealer of steel products,<br />

hardware and building materials<br />

Tiek Hong Hardware Malaysia 100 100 General merchant and dealer in<br />

(B'worth) Sdn Bhd<br />

metal hardware, building<br />

equipment and materials<br />

Alpine Pipe Malaysia 100 100 Manufacturing and trading<br />

Manufacturing Sdn Bhd<br />

of steel and iron products<br />

Briliant Decade Transport Malaysia 100 100 Provision of transportation<br />

Agency Sdn Bhd<br />

service<br />

Huatraco Marketing Sdn Bhd Malaysia 100 100 Manufacturing, selling, dealing and<br />

renting of scaffolding equipment,<br />

slitting and forming process for<br />

pipes and range of steel products<br />

Subsidiaries of Huatraco<br />

Marketing Sdn Bhd<br />

H.T. Scaffolding Malaysia 100 100 Manufacturer and distributor of<br />

Manufacturing Sdn Bhd<br />

multi-directional crab system<br />

scaffolding, metal form and<br />

framework accessories<br />

Huatraco Industries Malaysia 100 100 Manufacturing, selling and<br />

Sdn Bhd<br />

dealing in scaffolding and range<br />

of steel products<br />

Subsidiaries of <strong>Hiap</strong> <strong>Teck</strong><br />

Hardware Sdn Bhd<br />

H.T. Property Sdn Bhd Malaysia 100 100 Investment properties<br />

H.T. Steel Malaysia 100 100 Manufacturing of steel bar<br />

Manufacturing Sdn Bhd<br />

and sections<br />

<strong>Hiap</strong> <strong>Teck</strong> Holdings Sdn Bhd Malaysia 100 100 Dormant<br />

HIAP TECK VENTURE BERHAD<br />

37

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