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FINANCIAL STATEMENTS

Axiata Group Berhad | Annual Report 2016

241

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 Smart

Axiata Co., Ltd

edotco (Cambodia) Co., Ltd

2

-

92.48

7.52

Telecommunication

infrastructure and services

Cambodia

Subsidiaries held through Axiata

Digital Services Sdn Bhd

Axiata Digital Advertising Sdn Bhd

1

-

100.00

-

Investment holding

Malaysia

WSO2 Telco Inc

4

-

70.00

30.00

Technology Enabler Service

Provider

United States of

America

Axiata Investments (Mauritius)

Limited

2

-

100.00

-

Investment holding

Mauritius

AD Video Sdn Bhd

1

-

100.00

-

Establish, maintain and operate

an internet-based multimedia

services

Malaysia

VM Digital (Thailand) Co Ltd

-

100.00

-

Telecommunications and all

types of communications

businesses.

Thailand

Subsidiary held through Axiata

Digital Advertising Sdn Bhd

Adknowledge Asia Pacific Pte Ltd

2

-

80.00

20.00

Advertising service provider

and investment holding

Singapore

Subsidiaries held through

Adknowledge Asia Pacific

Pte Ltd

Komli Asia Holdings Pte Ltd

2

-

80.00

20.00

Investment holding and

provision of IT products and

services for online media

companies

Singapore

Adknowledge Asia Pacific (India)

Private Limited

-

80.00

20.00

Dormant

India

Subsidiary held through Komli

Asia Holdings Pte Ltd

Adknowledge Asia Hong Kong

Limited (“AAP Hong Kong”)

2

-

80.00

20.00

Investment holding and

provision of IT products and

services for online media

companies

Hong Kong