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GPERAK-AnnualReport2009 (1MB).pdf - Bursa Malaysia

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www.gulaperak.com.my<br />

66<br />

17. INvESTMENT IN SUBSIDIARy COMPANIES<br />

annual report 2009 | Gula peraK BerHaD (8104-X)<br />

NOTES TO THE FINANCIAL STATEMENTS (Cont’d)<br />

The Company<br />

2009 2008<br />

RM’000 RM’000<br />

Unquoted shares, at cost 477,984 477,984<br />

Less: Allowance for diminution in value (139,781) (44,611)<br />

Net 338,203 433,373<br />

The subsidiary companies are as follows:<br />

Name of Company<br />

Dynawell Corporation (M)<br />

Sdn. Bhd.<br />

*KSB Requirements<br />

& Rest Sdn. Bhd.<br />

*Gula Perak Land<br />

Sdn. Bhd.<br />

*Dyna Enterprise<br />

International Ltd<br />

* Not audited by Deloitte KassimChan.<br />

Country of<br />

incorporation<br />

Group effective<br />

interest Principal activities<br />

2009 2008<br />

% %<br />

<strong>Malaysia</strong> 100 100 Hotel and service apartment operations<br />

and management and property<br />

development<br />

<strong>Malaysia</strong> 70 70 Hotel operation and management<br />

and property development<br />

<strong>Malaysia</strong> 100 100 Property management<br />

British Virgin<br />

Island<br />

100 100 Investment holding

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