Annual Report - Bina Puri

Notes to and Forming Part of the Financial Statements (Cont’d)6. INVESTMENTS IN SUBSIDIARIES (Cont’d)The subsidiaries, all of which are incorporated in Malaysia except where indicated, are as follows: (Cont’d)Gross equityinterestSubsidiary DPBS-BPHB Sdn Bhd 2007 2006 Principal activities% %*Konsortium DPBSH-BPHB-AGSB 55 55 Contractor of earthworks, building and roadSdn BhdconstructionSubsidiaries ofBina Puri Construction Sdn BhdLatar Project Management Sdn Bhd 60 60 Provision of project management services(operations suspended)*Bina Puri Cambodia Ltd 100 100 Inactive(Incorporated in Cambodia)*Bina Puri Development Sdn Bhd 100 60 Inactive*Bina Puri Vietnam Co. Ltd 100 100 Inactive(Incorporated in Vietnam)Subsidiary of Easy Mix Sdn BhdBina Puri Properties Sdn Bhd 100 100 Property developerSubsidiary of Sungai LongIndustries Sdn BhdSungai Long Bricks Sdn Bhd 100 100 Manufacturer of bricksSubsidiary of Sungai LongBricks Sdn BhdSungai Long Plaster Industries 100 100 Manufacturer of plaster cementSdn Bhd* Subsidiaries not audited by Moores Rowland or its associates.(a) Impairment test for investment in subsidiaries in the Company’s financial statementsThe Company reviews the carrying amounts of the investments in subsidiaries at each balance sheet date todetermine whether there is any indication of impairment. If such indication exists, impairment loss on the value ofthe investment is made to determine the recoverable amount of the investment.BINA PURI HOLDINGS BHDAnnual Report 200769