2018 UEM Edgenta Annual Report

45. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES (CONT’D.) Details of subsidiaries, joint ventures and associates are as follows: (cont’d.) Effective Issued and proportion paid-up of ownership Country of share interest Principal Name of Companies incorporation capital 2018 2017 activities RM % % Subsidiary of KFM Holdings Sdn. Bhd.: Operon Consulting Sdn. Bhd. Malaysia 1,128,260 56 56 Assets management consultancy services KFM Energy Services Sdn. Bhd. Malaysia 2,000,000 80 80 Provision of consultancy and other services relating to conservation and renewable energy KFM Projects Sdn. Bhd. Malaysia 100,000 80 80 Project management consulting services KFM Solutions Sdn. Bhd. Malaysia 100,000 80 80 Consultancy services in the green, smart and connected urban ecology and integrated facility management services KFM Systems Sdn. Bhd. Malaysia 100,000 80 80 Consultancy and contractors for building management systems for the built environment 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 British USD1,503,200 80 80 Facilities management and building Limited (a) Virgin Island 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 British Virgin USD1,000 56 56 Dormant Limited (b) Island Associate of Operon Consulting Sdn. Bhd.: Operon Asset Advisory Malaysia 10,000 27 27 Asset management consulting services Sdn. Bhd. (b) Subsidiary of Edgenta (Singapore) Pte. Ltd.: Asia Integrated Facility Singapore SGD22,946,304 – 100 Dissolved in current year Solutions Pte. Ltd. (b) UEMS Pte. Ltd. (a) Singapore SGD8,300,000 97.5 97.5 Investment holding Financial Review Stakeholder Information AGM Information 257 Governance Review of Sustainability Activities