130 MEGACHEM LIMITED Notes to The Financial Statements 31 December 2024 14. Investments in subsidiaries (cont’d) Details of the subsidiaries are as follows: Name of subsidiary, principal activities, country of incorporation and place of operations Effective percentage of equity held by Group 2024 2023 % % Held by the Company C.N. Chemicals Sdn. Bhd. (b) Trading in industrial chemicals Malaysia 100 100 Megachem Manufacturing Pte Ltd (a) Blending of chemicals and chemical-related products Singapore 100 100 Megachem Phils., Inc (c) Trading in chemicals and chemical-related products Philippines (Alas, Oplas & Co., CPA) 90 90 Megachem Raya Pte Ltd (a) Trading in chemicals and chemical-related products Singapore 83 74 Megachem (Shanghai) Pte Ltd (a) Trading in chemicals and chemical-related products Singapore 85 85 Megachem (UK) Ltd (c) Trading in chemicals and chemical-related products United Kingdom (Sumer Auditco Ltd) 97 85 Megachem Middle East FZE (b) Trading in chemicals and chemical-related products U.A.E 100 100 Megachem Specialty Chemicals (I) Private Limited (b) (e) Trading in chemicals and chemical-related products India 100 100 Megachem Vietnam Company Limited (b) Trading in chemicals and chemical-related products Vietnam 100 100 Megachem Australia Pty Ltd (d) Trading in chemicals and chemical-related products Australia 100 100
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