114 GHL SYSTEMS BERHAD 199401007361 (293040-D) ANNUAL REPORT 2022 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 CONT’D 16. INVESTMENTS IN SUBSIDIARIES (Cont’d) (d) The details of the subsidiaries are as follows: (Cont’d) Name of company Country of incorporation/ Principal place of business Effective interest in equity Principal activities 2022 2021 % % Subsidiaries of GHL ePayments Sdn. Bhd. GHL ePayments Co., Ltd. # Thailand 99.99 99.99 Sales, maintenance, installation, and rental of card and noncard based payment processing systems including hardware and software for all kinds of payment solution systems. GHL Electronic Payments Inc. ^ Philippines 99.99 99.99 Dormant. GHL ePayments Pte. Ltd. ^ Singapore 100.00 100.00 Dormant. Subsidiaries of EPY Capital Holdings Limited PT e-pay Indonesia * Indonesia 21.20 21.20 Dormant. Subsidiaries of e-pay (M) Sdn. Bhd. PT e-pay Indonesia * Indonesia 78.80 78.80 Dormant. Subsidiaries of Mobiepay Sdn. Bhd. Pay Here Sdn. Bhd. # Malaysia 100.00 100.00 Dormant. PT Pembayaran Elektronik Indonesia Indonesia 100.00 100.00 Engaged in the business of IT consulting and management services. Digital Salute Sdn. Bhd. # Malaysia 100.00 100.00 Engaged in the business of providing self-service payment kiosk for reload and top up. Subsidiary of GHL (Thailand) Co., Ltd. Conscious Object Development Co. Ltd. Thailand 97.74 97.74 Dormant.
RkJQdWJsaXNoZXIy NDgzMzc=