BIMB Integrated Annual Report 2017

14. INVESTMENTS IN SUBSIDIARIES (CONTINUED) Details of the subsidiaries are as follows: EFFECTIVE OWNERSHIP INTEREST 2017 2016 NAME OF COMPANY PRINCIPAL ACTIVITIES % % Bank Islam Malaysia Berhad Islamic banking business 100 100 (“Bank Islam” or “the Bank”) 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 100 100 of services in the relevant areas Bank Islam Trust Company (Labuan) Ltd. Provide services as Labuan registered 100 100 trust company Subsidiary of Bank Islam Trust Company (Labuan) Ltd. BIMB Offshore Company Management Resident Corporate Secretary and 100 100 Services Sdn. Bhd. Director for Offshore Companies Syarikat Takaful Malaysia Berhad Family and General Takaful business 59.72 59.88 (“Takaful Malaysia”) Subsidiaries of Syarikat Takaful Malaysia Berhad Syarikat Takaful Malaysia Am Berhad** General Takaful business 100 – P.T. Syarikat Takaful Indonesia* # Investment holding 56 56 Subsidiaries of P.T. Syarikat Takaful Indonesia P.T. Asuransi Takaful Umum* ## General Takaful business – 64.70 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 other member firm of KPMG International. ** Incorporated during the year. ## Disposed during the year. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 205 Overview Value Creation Accountability Financial Statements Sustainability Performance Data Shareholders Information 21 st AGM Information Management Discussion & Analysis