Annual Report 2020
35. Subsidiaries (continued) Name of company Principal activities Effective ownership interest 2020 % 2019 % QL Feedingstuffs VietnamLimited Liability Company (b) Trading of poultry products 100 100 QL Farms (Tay Ninh) Liability Limited Company (b) Poultry farming 100 100 KS Galah Sdn. Bhd. Dormant 100 100 Icon Blitz Sdn. Bhd. Dormant 100 100 QL Poultry Farms Sdn. Bhd. # Layer farming 100 — QL Eco Farm Sdn. Bhd. # Layer farming and provision of ancillary transportation services 100 — QL Oil Sdn. Bhd. and its subsidiaries Investment holding 100 100 QL Plantation Sdn. Bhd. and its subsidiary Investment holding, oil palm cultivation, processing and marketing of oil palm products 100 100 QL Tawau Biogas Sdn. Bhd. Operating a biogas power plant 100 100 QL BioEnergy Sdn. Bhd. Dormant 100 100 QL Mutiara (S) Pte. Ltd. (c) and its subsidiary Investment holding 78.42 78.42 PT. Pipit Mutiara Indah (a) Oil palm plantation and crude palm oil milling 74.50 74.50 A Milestone on Our Sustainable Growth Journey 209
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