Page 231 - Full Book_24.4.2021
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NOTES TO THE
            FINANCIAL STATEMENTS                                                                                          in retrospect



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            for the financial year ended 31 december 2020 (continUed)
                                                                                                                          the Will to Suceed


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            14   INVESTMENTS IN SUBSIDIARIES (CONTINUED)
                 details of the subsidiaries are as follows: (continued)
                                                                                                Effective Ownership       achieving a leading repute
                                                                                                           Interest
                 Name of Company                          principal activities                2020            2019
                                                                                               %               %          |
                                                                                                                          Paving the Way for a Sustainable future
                 Subsidiary of P.T. Syarikat Takaful Indonesia
                   P.t. asuransi takaful Keluarga*#       family takaful business             74.80          74.80
                 bimb Securities (holdings) Sdn. bhd.     investment holding                   100            100

                 Subsidiary of BIMB Securities (Holdings) Sdn. Bhd.
                   bimb Securities Sdn. bhd.              Stockbroking                         100            100


                 Subsidiaries of BIMB Securities Sdn. Bhd.
                   bimSec nominees (tempatan) Sdn. bhd.   nominee services                     100            100      225
                   bimSec nominees (asing) Sdn. bhd.      nominee services                     100            100
                 Syarikat al-ijarah Sdn. bhd.             leasing of assets                    100            100

                 *  incorporated in indonesia.
                 #   audited by a member firm of Pricewaterhousecoopers international limited which is a separate and independent legal entity
                   from Pricewaterhousecoopers Plt.                                                                       adhering to the best Governance Practices

                 Non-controlling interests in subsidiaries
                 the Group’s subsidiaries that have material non-controlling interests (“nci”) are as follows:
                                                                                                                          |
                                                                                            Syarikat Takaful Malaysia
                                                                                                   Keluarga Berhad
                                                                                                2020         2019
                 NCI percentage of ownership interest and voting interest                     40.81%       40.55%         Laying the Foundation for Financial Growth
                 carrying amount of nci (rm’000)                                              648,742      523,711
                 Profit allocated to nci (rm’000)                                             147,654      148,449


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                                                                                                                          additional information & disclosure Summary











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