Maintenance Sdn. Bhd. GMR Tenaga Operations And Maintenance Private Limited* 50% 50% Operation and maintenance of power plants India Joint operations Joint operation of TNB Engineering Corporation Sdn. Bhd. TNB Engineering Corporation Sdn. Bhd. & ERS Energy Sdn. Bhd. (‘TNEC-ERS’) 60% 60% Project Large Scale Solar Photovoltaic Plant at Kuala Muda, Kedah Malaysia Joint operations of TNB Repair And Maintenance Sdn. Bhd. TNB Repair And Maintenance Sdn. Bhd. & Al-Dhow Engineering (‘TNB REMACO & Al-Dhow JV’)# 50% 50% Maintenance works for instrumental & control systems and mechanical equipment services Kuwait TNB Repair And Maintenance Sdn. Bhd. & Kharafi National (‘TNB REMACO & KN JV’)# 50% 50% Operation and maintenance services to heavy industries and other related services Kuwait # Audited by a member firm of PricewaterhouseCoopers International Limited whichis a separate and independent legal entity from PwC, Malaysia. * Not audited by PwC. The joint arrangements’ principal place of business is situated in the country of incorporation. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 TENAGA NASIONAL BERHAD Integrated Annual Report 2023 360 51 LIST OF ASSOCIATES The list of associates of the Group is as follows: Name of associate Group’s effective interest Principal activities Country of incorporation 2023 2022 Fibrecomm Network (M) Sdn. Bhd.* 49% 49% Provision of fibre optic transmission network services Malaysia GB3 Sdn. Bhd.* 20% 20% Design, construction, operation and maintenance of a combined cycle power plant, generation and sale of electrical energy and generating capacity of the power plant Malaysia Jimah Energy Ventures Holdings Sdn. Bhd.* 25% 25% Investment holding Malaysia Teknologi Tenaga Perlis Consortium Sdn. Bhd.* 20% 20% Operating and maintaining an electricity generating plant owned by the Company Malaysia AssociateofGlobalPowerEnerjîSanayîVe TîcaretAnonîmŞîrketî Gama Enerji Anonîm Şîrketî* 30% 30% T o enter into commitments related to energy investments and to carry out industrial, commercial