9) INVESTMENT IN SUBSIDIARIES
COMPANY
2014
2013
RM
RM
Unquoted shares - At cost
12,999,998 12,999,998
The amount owing by subsidiary arose mainly from advances given and payments made on
behalf which are unsecured, interest-free and repayable on demand.
The details of the subsidiaries are as follows:
Equity Interest
Name of Company
Place of
Incorporation
2014
%
2013
%
Principal Activities
Direct Subsidiary
Asia Media Sdn. Bhd.
Malaysia
100 100 Business of multimedia advertising
services, media communications,
commercialisation of narrowcasting
network solutions and dynamic and
automation contents and provision
of integration, maintenance and
support services relating to the
above products
Indirect Subsidiaries
Transnet Express
Sdn. Bhd.
Malaysia
100 100 Production and marketing of
electronic audio and visual media
Asia Media Interactive
Sdn. Bhd.
Malaysia
100 100
Dormant
Asia Media Marketing
Sdn. Bhd.
Malaysia
100 100
Dormant
AsiaMedia Broadcasting
Sdn. Bhd.
Malaysia
70
70
Dormant
All the above subsidiaries are audited by another firm of auditors other than auditors of the
Company.
Asia Media Group Berhad Annual Report 2014
103
NOTES TO THE FINANCIAL STATEMENTS
(Cont’d)
