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KUMPULAN FIMA BERHAD
(11817-V) |
Annual Report
2016
40. SUBSIDIARIES AND ACTIVITIES (CONT’D)
Proportion of
ownership interest
Name of Company
2016
2015
Principal Activities
%
%
Others (Contd.)
KF Commodities Sdn.Bhd.
100.0 100.0
Inactive
(240960-H)
Fima Overseas Holdings
100.0 100.0
Investment holding
Sdn. Bhd. (36334-P)
Endell Pte. Ltd.
80.0
80.0
Investment holding
(199206825E) #
Fima Fraser’s Hill Sdn. Bhd.
60.0
60.0
Inactive
(26087-U)
# Incorporated in Singapore, audited by a firm of chartered accountants other than Hanafiah Raslan &
Mohamad.
+ Incorporated in Papua New Guinea, audited by member firms of Ernst & Young Global in Papua New
Guinea.
^^ Incorporated in Indonesia, audited by member firms of Ernst & Young Global in Indonesia.
** On 4 December 2015, FCB Plantation Holdings Sdn. Bhd. acquired 140,000 ordinary shares of RM1.00
each, representing 70% of the total issued and paid-up share capital of R.N.E. Plantation Sdn. Bhd.
which is a special purpose entity to hold a plantation land for a total cash consideration of RM4.2 million.
41. ASSOCIATES AND ACTIVITIES
Details of associates are as follows:
Proportion of
ownership interest
Name of Company
2016
2015
Principal Activities
%
%
Marushin Canneries
38.0
38.0
Manufacturer and sale of canned fish
(Malaysia) Sdn. Bhd. (162963-U)*
Giesecke & Devrient
12.2
12.2
Printing and production of bank notes
Malaysia Sdn. Bhd. (573030-M)*
Kadkash Sdn. Bhd.
-
23.9
Inactive
(374691-H)^
* Associates audited by firms of chartered accountants other than Hanafiah Raslan & Mohamad.
^ On 20 January 2016, the High Court of Malaya at Kuala Lumpur ordered that Kadkash Sdn. Bhd. to be
dissolved pursuant to Section 239 of the Companies Act, 1965.