continued - The Lion Group

18. INVESTMENT IN SUBSIDIARIES (continued)
The subsidiaries are: (continued)
Country of Holding in Equity
Name of Company Incorporation 2010 2009 Principal Activities
% %
Subsidiary of
Bersatu Investments
Company Limited
Glit Investments Hong Kong 100.00 100.00 Dormant
Company Limited *
Subsidiary of
Lion Com Sdn Bhd
Secretarial Communications Malaysia 100.00 100.00 Share registration and
Sdn Bhd secretarial services
Subsidiary of Lyn (Pte) Ltd
Logic Furniture (S) Pte Ltd * Republic of 100.00 100.00 Ceased operations
Singapore
Subsidiaries of
Megasteel Sdn Bhd
Megasteel Harta (L) Limited * Malaysia 100.00 100.00 To issue and manage bonds
pursuant to its parent
company’s debt financing
exercise
Secomex Manufacturing Malaysia 100.00 100.00 Manufacturing and marketing
(M) Sdn Bhd * of industrial gases
Subsidiary of
Lion Construction
& Engineering Sdn Bhd
PMB Building System Sdn Bhd Malaysia 100.00 100.00 Investment holding
Subsidiary of
PMB Building
System Sdn Bhd
PMB Jaya Sdn Bhd Malaysia 100.00 100.00 Ceased operations
Subsidiary of
Lion General Trading
& Marketing (S) Pte Ltd
Lion Plate Mills Sdn Bhd Malaysia 100.00 100.00 Manufacturing and marketing
of hot rolled steel plates
76