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Axiata Group Berhad | Annual Report 2016
FINANCIAL STATEMENTS
240
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
40. LIST OF SUBSIDIARIES (CONTINUED)
The Group had the following subsidiaries as at 31 December 2016: (continued)
Name of company
Ownership
interest
directly held
by the parent
Ownership
interest held
by the Group
Ownership
interest held
by NCI
Principal activities
Country
and place of
incorporation
(%)
(%)
(%)
Subsidiary held through Axiata
Investments (Cambodia)
Limited
Axiata (Cambodia) holdings Limited
[formerly known as Glasswool
Holdings Limited]
1
-
92.48
7.52
Investment holding
Federal Territory,
Labuan, Malaysia
Subsidiaries held through Celcom
Axiata Berhad
Celcom Mobile Sdn Bhd
1
-
100.00
-
Mobile communication, network
and application services and
content
Malaysia
Celcom Networks Sdn Bhd
1
-
100.00
-
Network telecommunication,
capacity and services
Malaysia
Celcom Properties Sdn Bhd
1
-
100.00
-
Property investment
Malaysia
Escape Axiata Sdn Bhd
1
-
100.00
-
Over-The-Top and other on
demand content services
Malaysia
Celcom Retail Holding Sdn Bhd
1
-
100.00
-
Strategic and business
development, management,
administrative, support services
and investment holding
Malaysia
Celcom Intelligence Sdn Bhd
1 and 5
-
100.00
-
Investment holding
Malaysia
Celcom Timur (Sabah) Sdn Bhd
1
-
80.00
20.00
Fibre optic transmission
network services
Malaysia
Celcom eCommerce Sdn Bhd
1
-
100.00
-
Electronic wallet services
Malaysia
Celcom Resources Berhad
1
-
100.00
-
Investment holding
Malaysia
Subsidiary held through Celcom
Retail Holding Sdn Bhd
Celcom Retail Sdn Bhd
1
-
100.00
-
Trading and distribution of
communication devices and
related products and managing
retail stores
Malaysia
Subsidiary held through Celcom
Resources Berhad
Celcom Trading Sdn Bhd
1 and 5
-
100.00
-
Dealing in marketable securities Malaysia
Subsidiary held through Axiata
(Cambodia) Holdings Limited
formerly known as Glasswool
Holding Limited
Smart Axiata Co., Ltd
2
-
92.48
7.52
Mobile telecommunication
services
Cambodia