BIMB Integrated Annual Report 2019

14 INVESTMENTS IN SUBSIDIARIES (continued) Details of the subsidiaries are as follows: Effective Ownership Interest 2019 2018 Name of Company Principal activities % % Bank Islam Malaysia Berhad (“Bank Islam” or “the Bank”) Islamic banking business 100 100 Subsidiaries of Bank Islam Malaysia Berhad BIMB Investment Management Berhad Managing Islamic Unit Trust Funds 100 100 Al-Wakalah Nominees (Tempatan) Sdn. Bhd. Provide nominee services 100 100 Farihan Corporation Sdn. Bhd. Provide manpower for the provision of services the relevant areas 100 100 Bank Islam Trust Company (Labuan) Ltd. Provide services as Labuan registered trust company 100 100 Subsidiary of Bank Islam Trust Company (Labuan) Ltd. BIMB Offshore Company Management Services Sdn. Bhd. Resident Corporate Secretary and Director for Offshore Companies 100 100 Syarikat Takaful Malaysia Keluarga Berhad (“Takaful Malaysia”) Family and General Takaful business 59.45 59.64 Subsidiaries of Syarikat Takaful Malaysia Keluarga Berhad Syarikat Takaful Malaysia Am Berhad General Takaful business 100 100 P.T. Syarikat Takaful Indonesia*# Investment holding 56 56 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 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. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 225 BIMB HOLDINGS BERHAD 199701008362 (423858-X) Shareholders’ Information Financial Statements Additional Information Disclosure Summary