7. INVESTMENTS IN SUBSIDIARIES (CONTINUED) Details of the subsidiaries are as follows: (continued) Principal place of business/ Effective country of ownership interest Name of subsidiary incorporation Principal activities 31.12.2024 31.12.2023 % % Energy DNeX Drilling Tech Malaysia Involved in oil and gas oilfield services including 100 100 and Oilfield Services supplies of products and equipment. Sdn. Bhd. ******* αααα OGPC O & G Sdn. Malaysia Sale of oil and gas related equipment, provision 100 100 Bhd. ******* of engineering and technical support services for the oil and gas industry. Forward Energy Federal Design, develop, construct, operation and 100 100 Generation Ltd. Territory of maintenance of power plant. Labuan, Malaysia Technology DNeX Semiconductor Malaysia Investment holding in the manufacturing of 100 100 Sdn. Bhd. semiconductor wafers and supplies multinational fabless and integrated device manufacturer. Silterra Malaysia Sdn. Malaysia Manufacturing of semiconductor wafers and 60 60 Bhd. (“Silterra”) ********@β supplies multinational fabless and integrated device manufacturer. Pembinaan Waferfab Malaysia Trading of Solid State Drive (“SSD”) products. 60 60 Sdn. Bhd. ###@ Silterra Sales & Marketing Malaysia Sales and marketing of advanced semi-conductor 60 60 Sdn. Bhd. ###@ products. Silterra Capital Berhad ###@ Malaysia Dormant. 60 60 Silterra Sales & Marketing Federal Sales and marketing of advanced semi-conductor 60 60 (L) Ltd. ####@ Territory of products. Labuan, Malaysia Silterra USA, Inc. #####@@ United States Dormant. 60 60 of America ******* These subsidiaries’ interests are held under OGPC Sdn. Bhd.. αααα In the previous financial period, OGPC Sdn. Bhd. acquired the remaining 2% equity interest from the other corporate shareholder for total cash consideration of RM98,000. The financial effects arising from equity transactions were not presented in the financial statements as they were not material to the Group. ******** This subsidiary’s interest is held under DNeX Semiconductor Sdn. Bhd.. ### These subsidiaries’ interests are held under Silterra Malaysia Sdn. Bhd.. #### This subsidiary’s interest is held under Silterra Sales & Marketing Sdn. Bhd.. ##### This subsidiary’s interest is held under Silterra Sales & Marketing (L) Ltd.. @ These subsidiaries were audited by other firms of chartered accountants. @@ Not required to be audited under the laws of the country of incorporation. β The statutory financial year end of Silterra is 30 June and does not coincide with the Group. The subsidiary has been consolidated based on audited accounts for both 12-month ended 30 June 2024 and 6-month ended 31 December 2024. 150 Financial Statements DAGANG NeXCHANGE BERHAD Integrated Report 2024 NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024
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