E. OTHER INFORMATION
34. Subsidiaries (continued)
Effective ownership
Name of Company Principal activities interest (%)
2012 2011
QL Feed Sdn. Bhd. Investment holding, distribution 100.00 100.00
and its subsidiary of animal feed, raw materials and food grain
Hybrid Figures Sdn. Bhd.# Dormant - 100.00
QL Deep Sea Fishing Sdn. Bhd. Deep sea fishing 100.00 100.00
QL Farms Sdn. Bhd. Investment holding, 100.00 100.00
and its subsidiaries layer and broiler farming, wholesale of frozen chicken
parts
Adequate Triumph Sdn. Bhd. Property holding 100.00 100.00
QL Inter-Food Sdn. Bhd. Manufacture and selling of 100.00 100.00
meehoon and noodle
QL Breeder Farm Sdn. Bhd. Poultry breeding and farming 100.00 100.00 and cultivation of oil palm
QL Tawau Feedmill Sdn. Bhd. Manufacture and sales of 100.00 100.00
animal feed and providing chicken parts processing
services
QL Ansan Poultry Farm Sdn. Bhd. Investment holding and 85.00 85.00
and its subsidiaries poultry farming
QL Rawang Poultry Farm Sdn. Bhd. Property holding 85.00 85.00
Hybrid Figures Sdn. Bhd.# Dormant 85.00 -
QL Vietnam AgroResources Layer farming 100.00 100.00
Liability Limited Company***
QL Oil Sdn. Bhd. Investment holding and 100.00 100.00
and its subsidiaries oil palm cultivation and sale of fresh fruit bunches
QL Plantation Sdn. Bhd. Investment holding, 100.00 100.00
and its subsidiaries oil palm cultivation and marketing of palm oil products
QL Tawau Biogas Sdn. Bhd. Dormant 100.00 100.00
QL Tawau Palm Pellet Sdn. Bhd.# Sale of palm pellet - 100.00
QL BioEnergy Sdn. Bhd. Dormant 100.00 100.00
QL Mutiara (S) Pte. Ltd.ᴽ Investment holding 78.42 78.42
and its subsidiary
PT Pipit Mutiara Indah ** Oil palm cultivation 74.50 74.50
nniversary
34. Subsidiaries (continued)
Effective ownership
Name of Company Principal activities interest (%)
2012 2011
QL NatureCo Sdn. Bhd.# Investment holding - 80.00
and its subsidiaries
QL Palm Pellet Sdn. Bhd. Investment holding, - 80.00
and its subsidiary# development and marketing of “Palm Pelletising System”
to produce palm pellets
QL Carbon Sdn. Bhd. # Dormant - 80.00
(fka QL Palm Pellet System Sdn. Bhd.)
QL ZeroPoint Green Energy Dormant - 80.00
Sdn. Bhd.#
QL Fishery Sdn. Bhd. Investment holding 100.00 100.00
and its subsidiaries
QL Marine Products Sdn. Bhd. Investment holding, 100.00 100.00
and its subsidiary manufacturing of surimi and surimi-based products
Icon Blitz Sdn. Bhd. Dormant 100.00 -
QL Foods Sdn. Bhd. Investment holding, 100.00 100.00
and its subsidiary manufacturing of surimi and surimi-based products
QL Aquaculture Sdn. Bhd. Dormant 100.00 100.00
QL Fishmeal Sdn. Bhd. Investment holding, 100.00 100.00
and its subsidiaries manufacturing and trading of fishmeal
PT QL Hasil Laut** Manufacturing of surimi 99.97 99.97
and fishmeal
Ambang Spektrum Sdn. Bhd. Dormant 100.00 100.00
QL Endau Marine Products Investment holding, 70.59 70.59
Sdn. Bhd. and its subsidiaries manufacturing of fishmeal and surimi
QL Endau Deep Sea Fishing Deep sea fishing 70.59 70.59
Sdn. Bhd.
QL Endau Fishmeal Sdn. Bhd. Manufacturing of fishmeal 70.59 70.59
Pilihan Mahir Sdn. Bhd. Dormant 70.59 70.59
Figo Foods Sdn. Bhd. Investment holding, 100.00 100.00
and its subsidiary manufacturing and sales of frozen “halal” foodstuff
QL Fujiya Pastry Sdn. Bhd. Manufacturing and sales of 60.00 60.00
frozen “halal” food products
QL Fresh Choice Seafood Coastal trawling and the 100.00 100.00
Sdn. Bhd. wholesale of marine products
Notes to the Financial Statements
(continued)
34. Subsidiaries (continued)
Effective ownership
Name of Company Principal activities interest (%)
2012 2011
QL Lian Hoe Sdn. Bhd. Investment holding, 82.00 82.00
and its subsidiary manufacturing of surimi, processing and sale of frozen fish products
QL Lian Hoe (S) Pte. Ltd.* Manufacturing and processing 82.00 82.00 of frozen fish products
QL Green Resources Sdn. Bhd. Investment holding 100.00 100.00
and its subsidiaries
QL Green Energy Sdn. Bhd Investment holding 97.00 100.00
and its subsidiary
QL Tawau Palm Pellet Sdn. Bhd.# Sale of palm pellet 98.47 -
QL IPC Sdn. Bhd.(fka QL Biomass Dormant - 100.00
Sdn. Bhd.)#
QL NatureCo Sdn. Bhd.# Investment holding 80.00 -
and its subsidiaries
QL Palm Pellet Sdn. Bhd.# Development and marketing 80.00 -
of “Palm Pelletising System”
to produce palm pellets
QL ZeroPoint Green Energy Dormant 80.00 -
Sdn. Bhd.#
QL Carbon Sdn. Bhd. (fka QL
Palm Pellet System Sdn. Bhd.)# Dormant 100.00 -
Leisure Pyramid Sdn. Bhd. ^ Dormant 100.00 -
QL IPC Sdn. Bhd.(fka QL Biomass Dormant 100.00 -
Sdn. Bhd.)#
* Subsidiaries incorporated in Singapore and audited by another firm of accountants.
** Subsidiaries incorporated in Indonesia and audited by another firm of accountants.
*** Subsidiary incorporated in Vietnam and audited by a member firm of KPMG.
^ Subsidiaries incorporated in Malaysia and consolidated based on management account ᴽ Subsidiary incorporated in Singapore and consolidated based on management account
# During the year, these subsidiaries were restructured within the Group.
All other subsidiaries are incorporated in Malaysia and audited by KPMG.
nniversary
34. Subsidiaries (continued)
34.1 The Company’s shareholdings in non-wholly owned subsidiaries are as follows:
Number of ordinary shares of RM1 each
At At
1.4.2011 Bought Sold 31.3.2012
Interest in non-wholly owned subsidiaries via
QL Feedingstuffs Sdn. Bhd.
Pacific Vet Group (M) Sdn. Bhd. 2,736,000 - - 2,736,000
and its subsidiar
QL Pacific Vet Group Sdn. Bhd. 2,000,000 - - 2,000,000
QL AgroResources Sdn. Bhd. 8,480,000 - - 8,480,000
and its subsidiaries
QL Livestock Farming Sdn. Bhd. 20,000,000 - - 20,000,000
Gelombang Elit (M) Sdn. Bhd. - 352,600 - 352,600
QL Ansan Poultry Farm Sdn. Bhd. 17,000,000 - - 17,000,000 and its subsidiaries
QL Rawang Poultry Farm Sdn. Bhd. 4,400,000 - - 4,400,000
Hybrid Figures Sdn. Bhd. - 2 - 2
QL Agrobio Sdn. Bhd. 510,000 - - 510,000
PT QL Trimitra ## 1,200,000 - - 1,200,000
Interest in non-wholly owned subsidiaries via QL Oil Sdn. Bhd.
QL Mutiara (S) Pte. Ltd. ## and 11,919,996 - - 11,919,996 its subsidiary
PT Pipit Mutiara Indah @ 2,983,000 - - 2,983,000
Interest in non-wholly owned subsidiaries via QL Fishery Sdn. Bhd.
PT QL Hasil Laut ## 2,999,999 - - 2,999,999
QL Endau Marine Products
Sdn. Bhd. and its subsidiaries 3,361,980 - - 3,361,980
QL Endau Deep Sea Fishing 43,800,000 - - 43,800,000
Sdn. Bhd.
QL Endau Fishmeal Sdn. Bhd. 20,100,000 - - 20,100,000
Pilihan Mahir Sdn. Bhd. 10,000 - - 10,000
QL Fujiya Pastry Sdn. Bhd. 1,499,999 1,500,000 - 2,999,999
QL Lian Hoe Sdn. Bhd. and 8,200,000 - - 8,200,000
its subsidiary
QL Lian Hoe (S) Pte. Ltd.^ 1,200,000 - - 1,200,000
Notes to the Financial Statements
(continued)
34. Subsidiaries (continued)
34.1 The Company’s shareholdings in non-wholly owned subsidiaries are as follows: (continued)
Number of ordinary shares of RM1 each
At At
1.4.2011 Bought Sold 31.3.2012
Interest in non-wholly owned subsidiaries via QL Green Resources Sdn. Bhd
QL NatureCo Sdn. Bhd. and 1,599,999 800,000 - 2,399,999
its subsidiaries
QL Palm Pellet Sdn. Bhd. 1,003,666 1,756,334 - 2,760,000
QL ZeroPoint Green Energy 250,000 - - 250,000
Sdn. Bhd.
QL Green Energy Sdn. Bhd. 250,000 250,000 - 500,000
and its subsidiary
QL Tawau Palm Pellet Sdn. Bhd 200,000 1,800,000 - 2,000,000
## Ordinary shares of USD1.00 each
@ Ordinary shares of RP50,000 each
^ Ordinary shares of SGD1.00 each