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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

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