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BERJAYA GROUP BERHAD - Berjaya Corporation Berhad

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122<br />

N O T E S T O T H E A C C O U N T S<br />

30 APRIL 1998<br />

36 LIST OF SUBSIDIARIES AND ASSOCIATED COMPANIES (CONTINUED)<br />

Equity<br />

Country of<br />

interest<br />

Name incorporation held Principal activities<br />

1998 1997<br />

% %<br />

SUBSIDIARIES:<br />

Subsidiaries of Tioman Island Resort <strong>Berhad</strong><br />

<strong>Berjaya</strong> Hotels & Resorts Singapore 100.0 100.0 Hotel booking and marketing<br />

(Singapore) Pte Ltd*<br />

agent.<br />

Tioman Golf Management Sdn Malaysia 100.0 100.0 Management of golf course.<br />

Bhd*<br />

Tioman Recreation Centre Sdn Malaysia 100.0 100.0 Management of<br />

Bhd*<br />

recreation and sports club.<br />

Tioman Travel & Tours Sdn Malaysia 100.0 100.0 Hire of boats, launches and<br />

Bhd*<br />

recreational activities.<br />

* Subsidiaries not audited by Arthur Andersen & Co., Malaysia.<br />

# Subsidiaries audited by affiliates of Arthur Andersen & Co., Malaysia.<br />

ASSOCIATED COMPANIES:<br />

Associates of the Company<br />

BHLB Pacific Trust Malaysia 20.0 20.0 Management of unit trust.<br />

Management <strong>Berhad</strong><br />

<strong>Berjaya</strong> Racing Management Malaysia 20.0 20.0 Promotion and conduct of<br />

Sdn Bhd<br />

horse racing, totalisators and<br />

other related activities.<br />

Hyumal Motor Sdn Bhd Malaysia 20.0 20.0 Marketing and distribution of<br />

Hyundai motor vehicles.<br />

Diversified Gain Sdn Bhd Malaysia 50.0 - Investment holding.<br />

Industri Otomotif Komersial Malaysia 35.0 35.0 Manufacture and marketing<br />

(M) Sdn Bhd<br />

of Malaysian national<br />

commercial vehicle.<br />

Iris Technologies (M) Sdn Bhd Malaysia 35.0 - Smartcard design and<br />

manufacturing.<br />

Le Proton LIMA Sdn Bhd Malaysia 40.0 40.0 Organise trade fairs to promote<br />

Malaysian products through<br />

exhibitions.<br />

Quasar Carriage Sdn Bhd Malaysia 29.0 29.0 Distribution of RENAULT<br />

heavy trucks, passenger cars<br />

and light commercial vehicles.<br />

Tunas Cempaka Sdn Bhd Malaysia 49.0 49.0 Duty free shop operator.<br />

Associate of <strong>Berjaya</strong> Capital <strong>Berhad</strong><br />

Pyemas Sdn Bhd Malaysia 40.0 40.0 Money broking.<br />

Associates of <strong>Berjaya</strong> Group (Cayman) Limited<br />

<strong>Berjaya</strong> Engineering & Hong Kong 40.0 40.0 Engineering and<br />

Construction (HK) Limited<br />

construction.<br />

<strong>Berjaya</strong> Lottery Management Hong Kong 50.0 50.0 Management of social<br />

(HK) Limited<br />

lottery operations and<br />

investment holding.<br />

<strong>Berjaya</strong> Holdings (HK) Limited Hong Kong 44.4 g 41.6 Investment holding.<br />

<strong>Berjaya</strong> Hotels & Resorts (HK) Hong Kong 40.0 40.0 Investment holding.<br />

Limited<br />

<strong>Berjaya</strong> Properties (HK) Limited Hong Kong 40.0 40.0 Dormant.<br />

<strong>Berjaya</strong> Theme Parks (HK) Hong Kong 40.0 40.0 Dormant.<br />

Limited<br />

g - 6.8% is held by <strong>Berjaya</strong> Leisure (Cayman) Limited.

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