125
ANNUAL REPORT 2016
NOTES TOTHE FINANCIAL STATEMENTS
30 JUNE 2016
(Continued)
10. INVESTMENTS IN SUBSIDIARIES (continued)
(a)
The details of the subsidiaries are as follows (continued):
Name of company
Country of
incorporation
Effective interest
in equity
Principal activities
2016
%
2015
%
Subsidiaries of CRG Incorporated
Sdn. Bhd. (continued)
CRV Sdn. Bhd. (“CRV”)
Malaysia
100
100 Marketing and distribution of fashionable goods
and accessories
CRG Viet Nam Company Limited
(“CRGV”)
(2)
Vietnam 99
99 Real estate activities with own or leased property
PT CRI Mitra Sejati (“PTCMS”)
(5)
Indonesia
100
-
Wholesaling fashionable goods and accessories
Subsidiaries of SBG Holdings Sdn. Bhd.
SBL Marketing Sdn. Bhd.
Malaysia
100
100 Designing, promoting and marketing of
fashionable leather goods
SBFW Marketing Sdn. Bhd.
Malaysia
100
100 Designing, promoting and marketing of
fashionable ladies’ footwear
SB Boutique Sdn. Bhd.
Malaysia
100
100 Retailing of leather goods and apparels
SB International Sdn. Bhd.
Malaysia
100
100 Marketing and distribution of fashionable goods
and accessories
SBA Marketing Sdn. Bhd.
Malaysia
100
100 Marketing and distribution of fashionable goods
and accessories
SBM Marketing Sdn. Bhd.
Malaysia
100
100 Designing, promoting and marketing of
fashionable men’s footwear
Subsidiary of BCB Properties Sdn. Bhd.
Apex Marble Sdn. Bhd. (“AMSB”)
Malaysia
60
60 Marketing and distribution of fashionable goods
Subsidiary of Daily Frontier Sdn. Bhd.
Daily Frontier (Vietnam) Company
Limited
(1)
Vietnam 100
100 Wholesaling, retailing, importing and exporting
of fashionable products, accessories and
cosmetics
Bonia Italia Srl (“BIS”)
(4)
Italy
100
100 In voluntary liquidation
Subsidiaries of Active World Pte. Ltd.
Jetbest Enterprise Pte. Ltd.
(1)
Singapore
100
100 Wholesaling, retailing, importing and exporting of
leather goods and accessories
SCRL Pte. Ltd.
(1)
Singapore
100
100 Wholesaling, retailing and marketing of
fashionable footwear, carrywear and
accessories
