One - Lippo Malls Indonesia Retail Trust - Investor Relations

81Notes to the Financial Statements (Cont’d)31 December 200915. INVESTMENTS IN SUBSIDIARIES (Cont’d)Name of Subsidiaries,Country of IncorporationEffective Percentage ofand Place of Operations Principal Activities Cost in Books of Group Equity Held by Group2009 2008 2009 2008$’000 $’000 % %Singapore (Cont’d)Palladium Properties Pte Ltd (b) Investment 21,573 21,573 100 100holdingMadiun Properties Pte Ltd (b) Investment 27,003 27,307 100 100holdingPrism Investments Pte Ltd (b) Investment 765 765 100 100holdingSilver Dory Holdings Pte Ltd (b) Investment 765 765 100 100holdingVernon Investments Pte Ltd (b) Investment 89 89 100 100holdingMaxia Investments Pte Ltd (b) Investment 535 535 100 100holdingFenton Investments Pte Ltd (b) Investment 1,256 1,256 100 100holdingLangston Investments Pte Ltd (b) Investment 60 60 100 100holdingBowland Investments Pte Ltd (b) Investment 161 161 100 100holdingIndonesiaPT Graha Baru Raya (a) Owner of 805 805 100 100Gajah Mada PlazaPT Graha Nusa Raya (a) Owner of 805 805 100 100Mal Lippo CikarangPT Cibubur Utama (a) Owner of 1,772 1,772 100 100Cibubur JunctionPT Megah Semesta Abadi (a) Owner of 10,692 10,692 100 100Bandung Indah PlazaPT Suryana Istana Pasundan (a) Owner of 25,112 25,112 100 100Istana PlazaPT Indah Pesona Bogor (a) Owner of 1,208 1,208 100 100Ekalokasari Plaza