Download - Axiata Group Berhad - Investor Relations

Notes to the Financial StatementsFOR THE FINANCIAL YEAR ENDED 31 DECEMBER 200947. LIST OF ASSOCIATES (CONTINUED)The investments in associates are as follows: (continued)% of Group’seffective P place ofName of company shareholding Principal activities incorporation2009 2008Associate held through TM International (L) LimitedMobile Telecommunication 49.00 49.00 Planning, designing, installing, IranCompany of Esfahan (“MTCE”)operating and maintaining a GSMmobile telecommunication networkto customers in the province ofEsfahan, IranAssociates held through Celcom Axiata Berhad [formerly known as Celcom (Malaysia) Berhad]Sacofa Sdn Bhd 15.12 20.00 Trade or business of a Malaysiatelecommunications infrastructure andservices company including all itsrelated businessTune Talk Sdn Bhd 35.00 — Principally engaged in the business of Malaysiaproviding mobile communicationservices, complementary value addedservices and telecommunication serviceAssociate held by SunShare Investments LtdMobileOne Ltd 29.66 29.66 Provision of mobile telecommunication Singaporeservices, international call services,mobile retail sales, after sales support,customer services, paging services,research and development of mobilecommunication products and servicesand investment holdingAssociate held by TMI Mauritius LtdIdea Cellular Limited^ 14.99 14.99 Leading GSM mobile services operator Indiaengaged in providing Mobile TelephoneServices.Annual Report 2009 • 281