Subsidiaries

Name Of Company Principal place of business/Country of Incorporation Effective ownership interest and voting interest Principal Activities
2018
%
2017
%
Hai Ming Development Sdn. Bhd Malaysia 100 100 Involving in general, reinsurance agency brokerage business and property development
Hai Ming Enterprise Sdn. Bhd Malaysia 100 100 Trading of plywood
Hai Ming Industries Sdn. Bhd Malaysia 100 100 Converting of paper into related product, trading in cements and other related products
Welley Enterprise Sdn. Bhd Malaysia 100 100 Distributing and retailing of plywood
Modern Steel Sdn. Bhd Malaysia 51 51 Trading in steel bar and cement
Hai Ming Paper Mills Sdn. Bhd Malaysia 100 100 Manufacturing of issue paper and tissue related products
Hai Ming Trading Co. Sdn. Bhd Malaysia 100 100 Trading in paper products, stationery and general household products
Hai Ming Marketing Sdn. Bhd Malaysia 100 100 Trading in paper products
Paragon Paper & Plywood Sdn. Bhd. Malaysia 99.9 99.9 Manufacturing of tissue paper and tissue related products
Paragon Marketing Sdn. Bhd. Malaysia 100 100 Trading in tissue related products
KPS Plywood Sdn. Bhd. Malaysia 100 100 Trading of plywood and investment holding
Akateak Sdn. Bhd. Malaysia 100 100 Distributor and retailer of wooden doors, plywood and related building materials
I'Kranji Industries Sdn. Bhd. Malaysia 100 100 Manufacturing and trading in printed laminated plywood
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KPSCB/9121 KPS Consortium Berhad, an investment holding company, primarily engages in the manufacture of various types of tissue paper and tissue-related products, as well as in the conversion of paper into related products principally in Malaysia.

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