Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 106 7. Investment in Subsidiary Companies (cont’d) Details of the subsidiary companies are as follows: (cont’d) Name of company Country of incorporation Effective equity interest Principal activities 2017 % 2016 % Indirect subsidiary companies held under Asia Media Sdn. Bhd. Transnet Express Sdn. Bhd.* Malaysia 100 100 Voluntary wind up Asia Media Broadcasting Sdn. Bhd. Malaysia 70 70 Dormant Indirect subsidiary company held under DPO Plantations Sdn. Bhd. DPO Pelita Bintangor Sdn. Bhd. Malaysia 60 60 Cultivation of oil palm * Subsidiary company not audited by UHY, and in Member’s Voluntary Liquidation. NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2017 (cont’d)