10 Annual Report 2025 CORPORATE STRUCTURE AS AT 30 JUNE 2025 EXCEL FORCE MSC BERHAD EXCEL FORCE SOLUTIONS SDN BHD INSAGE (MSC) SDN BHD XIFU SDN BHD MILLAPP SDN BHD EXCEL FORCE INNOVATIONS SDN BHD (formerly known as E2 Trade Sdn Bhd) UNIVERSAL CAPITAL CO LTD 100% 100% 100% 28.6% 100% 100%
RkJQdWJsaXNoZXIy NDgzMzc=