Name of subsidiary Principal place of business/ country of incorporation Principal activities Effective ownership interest 30.6.2022 % 30.6.2021 % Information Technology Imizu Sdn. Bhd.** Malaysia Trading, dealing in any manner whatsoever in all type of drinking water and beverages on retail as well as on wholesale basis in Malaysia or elsewhere. 55 55 SealNet Sdn. Bhd.* Malaysia Providing technical consultancy, implementation, training, maintenance and technical support services related to eBusiness and the operation of business to business (B2B) eCommerce portal. 80 80 DNeX GIS Sdn. Bhd.*** Malaysia Providing e-commerce portal services. – 41 Genaxis Group Sdn. Bhd.* Malaysia Providing consultancy and advisory in computer hardware, software, peripherals and other IT based products. 51 51 * The subsidiaries interest are held under Dagang Net Technologies Sdn. Bhd. ** The subsidiary’s interest is held under Global Market eCommerce Sdn. Bhd. *** The subsidiary’s interest is held under SealNet Sdn. Bhd.. On 1 September 2021, the subsidiary was placed under Member’s Voluntary Winding Up pursuant to Section 439(1)(b) of the Companies Act 2016. 7. INVESTMENTS IN SUBSIDIARIES (CONTINUED) Details of the subsidiaries are as follows: (continued) 243 DNeX INTEGRATED REPORT 2022
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