TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
81
NOTES TO THE FINANCIAL STATEMENTS
8.
Equity-accounted investees
Group
Company
Note
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Interests in associates
a
34,574
31,946
12,246
12,246
Interest in joint venture
b
2,219
1,972
1,406
1,406
36,793
33,918
13,652
13,652
(a) Interests in associates
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Unquoted shares, at cost:
In Malaysia
7,341
7,341
-
-
Outside Malaysia
12,247
12,247
12,246
12,246
Share of post-acquisition reserve
14,986
12,358
-
-
34,574
31,946
12,246
12,246
Details of the material associates are as follows:
Name of entity
Principal place
of business/
Country of
incorporation Nature of the relationship
Effective
ownership
interest and
voting interest
2014 2013
% %
TC Capital (Thailand)
Co. Ltd. (“TCCT”)
Thailand Provision of equipment leasing
45.45 45.45
THK Rhythm Malaysia
Sdn. Bhd. (“THK”)
Malaysia
Manufacture and sale of automobile tierods,
tierods ends and suspension ball joints,
stabiliser links, steering linkages and power
steering gear
20.00 20.00
