Notes to the Financial Statements

31 December 2010 (continued)

7.

INVESTMENT IN SUBSIDIARIES (continued)

(d) The details of the subsidiaries are as follows (continued):

Effective

Equity Interest

Country of

2010

2009

Name of Company

Incorporation

%

%

Principal Activities

Indirect subsidiaries held through

Alangka-Suka Hotels & Resorts

Sdn. Bhd. (continued)

Cherating Holiday Villa Berhad

Malaysia

100

100

Operates Holiday Villa Beach

Resort Cherating

Grand Hotel Sudan Limited

British Virgin

Leasehold owner of Grand

100

100

Islands

Holiday Villa Hotel & Suites

Khartoum

Holiday Villa Subang Sdn. Bhd.

Malaysia

100

100

Dormant

Holiday Villa Travel & Tours Sdn. Bhd.

Malaysia

100

100

Hiring of limousines

Holiday Villas International Limited

British Virgin

Hotel management services

100

100

Islands

Langkawi Holiday Villa Sdn. Bhd.

Malaysia

100

100

Operates Holiday Villa Beach

Resort & Spa Langkawi

Mayor Hotels Sdn. Bhd.

Malaysia

100

100

Owns and operates City Villa

Kuala Lumpur

Super Leisure Sdn. Bhd.

Malaysia

100

100

Inactive

*Alangka-Suka Paris SAS

France

100

100

Owns the real estate of Holiday

Villa Lafayette Paris

*Lagenda de Malaisie SAS

France

100

-

Operation and management of

restaurants

Indirect subsidiaries held through

Alangka-Suka International Limited

Asbina Shenzhen Limited

British Virgin

Dormant

90

90

Islands

*Grand Holiday Villa Khartoum Co. Ltd.

Republic of

Operates Grand Holiday Villa

100

100

Sudan

Hotel & Suites Khartoum

*Interwell Management Limited

England and

100

100

Dormant

Wales

Larkswood Assets Limited

British Virgin

Investment holding

100

100

Islands

Launceston Developments Limited

British Virgin

100

100

Inactive

Islands

*P.T. Diwangkara Holiday Villa Bali

Republic of

Operates and manages

90

90

Indonesia

Diwangkara Holiday Villa

Beach Resort Bali & Holiday

Villa Hotel Wina Kuta

advance synergy berhad (1225-D)

87

annual report 2010