Full Version Guinness Anchor Berhad Annual Report 2007 - Gab

Notes to the Financial Statementsfor the year ended 30 June 20076. Investment in subsidiariesCompany2007 2006RM’000RM’000Unquoted shares- at cost 32,474 32,474- at Directors’ valuation 14,244 14,244Details of the subsidiaries are as follows:46,718 46,718Country ofName of subsidiary incorporation Principal activities Effective ownership interest2007 2006% %Guinness Anchor Marketing Sdn Bhd Malaysia Marketing and promotion of GUINNESS Stout, 100 100GUINNESS Draught, Anchor Smooth, Anchor Strong Beer,Tiger Beer, Heineken Beer, Kilkenny Draught,Anglia Shandy and Malta in MalaysiaRamaha Corporation (M) Sdn Bhd Malaysia Property holding and land development 100 100Guinness Singapore Pte Limited# Singapore Dormant 100 100and its subsidiary:Guinness (B) Sdn Bhd* Negara Brunei Dormant 100 100DarussalamMalayan Breweries (Malaya) Malaysia Dormant 100 100Sdn Bhd and its subsidiary:Malayan Breweries Marketing Sdn Bhd Malaysia Dormant 100 100Guinness Sabah Sdn Bhd Malaysia Dormant 100 100Guinness Sarawak Sdn Bhd Malaysia Dormant 100 100# Not required to be audited, and consolidated using unaudited financial statements.* Overseas incorporated subsidiary audited by member firms of KPMG International.The cost of investment in a subsidiary was revalued in 1989 to incorporate the bonus issue received from it.Annual Report 2007111Guinness Anchor Berhad (Company No. 5350-X)