Annual Report 2020

35. Subsidiaries The principal activities of the subsidiaries and the interest of QL Resources Berhad are as follows: Name of company Principal activities Effective ownership interest 2020 % 2019 % QL Feedingstuffs Sdn. Bhd. and its subsidiaries Investment holding, provision of management services 100 100 QL Agrofood Sdn. Bhd. Processing and sale of animal feeds, trading of raw materials for animal feeds, lubricants, foodstuffs and trading of livestock 100 100 QL Agroventures Sdn. Bhd. Layer and broiler farming 100 100 Chingsan Development Sdn. Bhd. Property holding 100 100 QL Tawau Feedmill Sdn. Bhd. Manufacture and sale of animal feeds and providing chicken parts processing service 100 100 QL Feed Sdn. Bhd. Marketing and distribution of animal feed raw material and food grain 100 100  QL Realty Sdn. Bhd.   and its subsidiaries Investment holding 100 100   PT. QL Trimitra (a) Integrated broiler farming and its related activities 100 90   PT. QL Agrofood (a) Layer farming, broiler farming, breeder farming and feed milling 100 100  Pacific Vet Group (M) Sdn. Bhd.   and its subsidiary Investment holding 90 90   QL Pacific Vet Group Sdn. Bhd. Trading of feed supplement, animal health food and agricultural products 90 90  QL AgroResources Sdn.Bhd.   and its subsidiaries Investment holding, feed milling, selling and distribution of animal feeds, raw materials and other related products 100 100   QL Livestock Farming Sdn. Bhd. Poultry farming, selling and distribution of animal feeds, poultry and related products 100 100   Gelombang Elit (M) Sdn. Bhd. Property holding 100 100   QL TP Fertilizer Sdn. Bhd. Producing and selling organic fertiliser 51 51 A Milestone on Our Sustainable Growth Journey 207