Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

Notes to the Financial Statements
For the fi nancial year ended 31 December 2011
19. Investments in subsidiaries (contd.)
Country of
Proportion of
ownership interest
Name of subsidiaries incorporation Principal activities 2011 2010
Subsidiaries of Samalaju
Industries Sdn. Bhd.
% %
Samalaju Aluminium Malaysia Investment holding 100.0 100.0
Industries Sdn. Bhd.
Samalaju Property Malaysia Provision and 51.0 -
Development Sdn. Bhd. management of
temporary
accommodation
of new township
at Samalaju
Industrial Park
Subsidiary of Samalaju
Aluminium Industries
Sdn. Bhd.
Sarawak Aluminium Malaysia Dormant 100.0 100.0
Company Sdn. Bhd.
Subsidiary of Samalaju
Property Development
Sdn. Bhd.
Samalaju Hotel Management Malaysia Dormant 100.0 -
Sdn. Bhd.
* audited by fi rms other than Ernst & Young.
(i) Another 60% is held by CMS Resources Sdn. Bhd.
(ii) Placed under voluntary liquidation.
(iii) Placed under voluntary liquidation. An amount of RM160,148,000 representing the surplus cash on
liquidation was distributed to the Company (Note 6).
(iv) Placed under voluntary liquidation subsequent to year end.
(v) Another 40% is held by CMS Premix Sdn. Bhd.
Annual Report 2011 125