2019 UEM Edgenta Annual Report

267 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION Notes to the Financial Statements For the year ended 31 December 2019 UEM Edgenta Berhad Annual Report 2019 45. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES (CONT’D.) Name of Companies Country of incorporation Issued and paid-up share capital Effective proportion of ownership interest Principal activities 2019 2018 RM % % Subsidiary of Edgenta GreenTech Sdn. Bhd.: (cont’d.) Veridis PPP One Sdn. Bhd. Malaysia 275,000 80 80 Concession holder specialising in retro-fitting works of building utilising green technology Operon Middle East Limited (a) British Virgin Island USD1,503,200 80 80 Facilities management and building cleaning services Operon Malaysia Sdn. Bhd. Malaysia 100,000 80 80 Provision of supervising officer for activities related to Green Technology and other solutions for the built environment KFM Middle East Limited (b) British Virgin Island USD1,000 56 56 Dormant Associate of Operon Consulting Sdn. Bhd.: Operon Asset Advisory Sdn. Bhd. (b) Malaysia 10,000 27 27 Asset management consulting services Subsidiary of Edgenta (Singapore) Pte. Ltd.: UEMS Pte. Ltd. (a) Singapore SGD8,300,000 97.5 97.5 Investment holding