cover rationale - ChartNexus
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38 ENTERPRISES IN THE GROUP (CONTINUED)<br />
Country of Effective equity<br />
Name of enterprise Principal activities incorporation interest<br />
2002 2001<br />
% %<br />
Trans Peninsula Crude Oil<br />
Transaction Sdn. Bhd.<br />
Pre-operating Malaysia 100.00 100.00<br />
Cheq Point (M) Sdn. Bhd.* Charge card services<br />
and investment holding<br />
Malaysia 75.00 75.00<br />
Held through 100%<br />
ownership by<br />
Cheq Point (M)<br />
Sdn. Bhd.<br />
- Cheq Point Aero Leisure<br />
Sdn. Bhd.^^<br />
Pre-operating Malaysia 75.00 75.00<br />
- Cheq Point Global Travel<br />
Sdn. Bhd.^^<br />
Pre-operating Malaysia 75.00 75.00<br />
- Cheq Point (Sabah)<br />
Sdn. Bhd.^^<br />
Pre-operating Malaysia 75.00 75.00<br />
- Cheq Point (Sarawak)<br />
Sdn. Bhd.^^<br />
Pre-operating Malaysia 75.00 75.00<br />
- Cheq Point Travel & Tours<br />
Sdn. Bhd.^^<br />
Pre-operating Malaysia 75.00 75.00<br />
- CP Postal Marketing (M)<br />
Sdn. Bhd.^^<br />
Pre-operating Malaysia 75.00 75.00<br />
- General Data Management Pre-operating<br />
Services Sdn. Bhd.^^<br />
Malaysia 75.00 75.00<br />
ASSOCIATES:<br />
Harmonic Fairway<br />
Sdn. Bhd.**<br />
Investment holding Malaysia 50.00 50.00<br />
Kota Francais (M) Franchising property Malaysia 20.00 20.00<br />
Sdn. Bhd.** management and<br />
consultancy<br />
Rashid Hussain Berhad Financial services Malaysia 22.68 22.69<br />
Sistem Televisyen Malaysia Commercial television Malaysia 49.65 49.65<br />
Berhad broadcasting<br />
The New Straits Times Publishing and sale of Malaysia 43.51 43.53<br />
Press (Malaysia) Berhad newspapers and<br />
investment holding<br />
* Presently dormant<br />
** Enterprises not audited by PricewaterhouseCoopers, Malaysia<br />
*** Enterprises audited by affiliates of PricewaterhouseCoopers, Malaysia<br />
# Subsidiaries incorporated outside Malaysia having their accounting records prepared and<br />
maintained in Ringgit Malaysia<br />
## Subsidiary acquired during the financial year<br />
^ Subsidiary disposed off during the financial year<br />
^^ The Directors of the Company have on 12 November 2001 resolved to strike off the names of all<br />
these subsidiaries from the Register pursuant to Section 308(4) of Companies Act, 1965<br />
Laporan Tahunan 2002 Annual Report<br />
NOTES TO THE FINANCIAL STATEMENTS 31 AUGUST 2002 (CONTINUED)<br />
141