Notes to the Financial Statements - Cahaya Mata Sarawak Bhd
Notes to the Financial Statements - Cahaya Mata Sarawak Bhd
Notes to the Financial Statements - Cahaya Mata Sarawak Bhd
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122<br />
<strong>Notes</strong> <strong>to</strong> <strong>the</strong> <strong>Financial</strong> <strong>Statements</strong><br />
For <strong>the</strong> fi nancial year ended 31 December 2011<br />
19. Investments in subsidiaries<br />
Cahya <strong>Mata</strong> <strong>Sarawak</strong> Berhad<br />
Company<br />
2011 2010<br />
RM’000 RM’000<br />
Unquoted shares, at cost 854,317 1,287,067<br />
Impairment losses (158,397 ) (158,397 )<br />
695,920 1,128,670<br />
Details of <strong>the</strong> subsidiaries are as follows:<br />
Country of<br />
Proportion of<br />
ownership interest<br />
Name of subsidiaries incorporation Principal activities 2011 2010<br />
Direct subsidiaries of<br />
<strong>the</strong> Company<br />
% %<br />
CMS Capital Sdn. <strong>Bhd</strong>. Malaysia Investment holding 95.2 95.2<br />
CMS Cement Sdn. <strong>Bhd</strong>. Malaysia Manufacture and sale 100.0 100.0<br />
of cement<br />
CMS Education Sdn. <strong>Bhd</strong>. Malaysia Education 93.3 93.3<br />
CMS Energy Sdn. <strong>Bhd</strong>. Malaysia Dormant 100.0 100.0<br />
CMS Global (BVI) Ltd. British Virgin Dormant 100.0 100.0<br />
Islands<br />
CMS Infra Trading Sdn. <strong>Bhd</strong>. Malaysia General trading 51.0 51.0<br />
CMS I-Systems Berhad Malaysia Dormant 68.8 68.8<br />
CMS Modular Housing Sdn. <strong>Bhd</strong>. Malaysia Dormant 100.0 100.0<br />
CMS Premix Sdn. <strong>Bhd</strong>. (i) Malaysia Production and sale of 40.0 40.0<br />
premix<br />
CMS Premix (Miri) Sdn. <strong>Bhd</strong>. (i) Malaysia Production and sale of 20.0 20.0<br />
premix<br />
CMS Property Development Malaysia Property holding, property 100.0 100.0<br />
Sdn. <strong>Bhd</strong>. development and project<br />
management<br />
CMS Resources Sdn. <strong>Bhd</strong>. Malaysia Investment and property 51.0 51.0<br />
holding<br />
CMS River Bus Sdn. <strong>Bhd</strong>.(ii) Malaysia Dormant 100.0 100.0<br />
CMS Steel Berhad Malaysia Dormant 100.0 100.0<br />
CMS Works Sdn. <strong>Bhd</strong>. Malaysia Investment holding 100.0 100.0<br />
Concordance Holdings Malaysia Dormant - 100.0<br />
Sdn. <strong>Bhd</strong>.(iii)<br />
Projek Bandar Samariang Sdn. <strong>Bhd</strong>. Malaysia Property development and 100.0 100.0<br />
related construction works<br />
Samalaju Industries Sdn. <strong>Bhd</strong>. Malaysia Investment holding and 100.0 100.0<br />
provision of supervisory<br />
services