continued - The Lion Group
continued - The Lion Group
continued - The Lion Group
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18. INVESTMENT IN SUBSIDIARIES (<strong>continued</strong>)<br />
<strong>The</strong> subsidiaries are: (<strong>continued</strong>)<br />
Country of Holding in Equity<br />
Name of Company Incorporation 2010 2009 Principal Activities<br />
% %<br />
<strong>Lion</strong> Trading & Marketing Malaysia 100.00 100.00 Trading and marketing of<br />
Sdn Bhd security equipment, office<br />
equipment and steel<br />
related products<br />
Total Triumph Investments British Virgin 100.00 100.00 Investment holding<br />
Limited Islands<br />
LCB Harta (L) Limited * Malaysia 100.00 100.00 Acquisition and<br />
management of USD<br />
denominated consolidated<br />
and rescheduled debts<br />
Subsidiary of<br />
Kinabalu Motor Assembly<br />
Sendirian Berhad<br />
KMA Marketing Sdn Bhd * Malaysia 100.00 100.00 Trading and distribution<br />
of commercial vehicles,<br />
vehicle parts and provision<br />
of related services<br />
Subsidiary of<br />
KMA Marketing Sdn Bhd<br />
Kinabalu Car Distributors Malaysia 100.00 100.00 Dormant<br />
Sdn Bhd *<br />
Subsidiaries of<br />
Limpahjaya Sdn Bhd<br />
Bersatu Investments Hong Kong 71.00 71.00 Ceased operations<br />
Company Limited *<br />
<strong>Lion</strong> Com Sdn Bhd Malaysia 100.00 100.00 Investment holding<br />
Lyn (Pte) Ltd * Republic of 79.00 79.00 Investment holding<br />
Singapore<br />
Megasteel Sdn Bhd * Malaysia 78.89 78.89 Manufacturing of hot rolled<br />
coils and cold rolled coils<br />
Umevest Sdn Bhd Malaysia 100.00 100.00 Investment holding<br />
Logic Concepts (M) Sdn Bhd Malaysia 71.00 71.00 Ceased operations<br />
Logic Furniture (M) Sdn Bhd Malaysia 91.00 91.00 Ceased operations<br />
75