My EG Services Berhad Annual Report 2019
ANNUAL REPORT 2019 133 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) FINANCIAL STATEMENTS 6. INVESTMENTS IN SUBSIDIARIES The Company 31.12.2019 30.9.2018 RM’000 RM’000 Unquoted shares, at cost 18,895 16,895 The details of the subsidiaries are as follows:- Name of Subsidiary Principal Place of Business/Country of Incorporation Percentage of Issued Share Capital Held by Parent Principal Activities 2019 2018 % % Gale Vector Sdn. Bhd. (“GVSB”) Malaysia 100 100 Provision of software solutions and maintenance services. MY EG Sdn. Bhd. (“EGSB”) Malaysia 100 100 Development and implementation of the Electronic Government services project and provision of other related services. MY E.G. Commerce Sdn. Bhd. (“MECSB”) Malaysia 100 100 Provision of auto insurance intermediary services and other related ancillary services. MY E.G. Capital Sdn. Bhd. (“MYEGC”) Malaysia 100 100 Investment holding. MY EG Management Services Sdn. Bhd. (“MYEGMS”) Malaysia 100 100 Provision of management and consultancy services. MY EG International Sdn. Bhd. (“MYEGI”) Malaysia 100 100 To undertake investments and joint ventures in foreign countries. Subsidiaries of MYEGC MY EG Ad Networks Sdn. Bhd. (“MYEGAD”) Malaysia 100 100 Provision of online advertisement. Agensi Pekerjaan MY EG Jobs Sdn. Bhd. (“MYEGJOBS”) Malaysia 100 100 Provision of job matching and placement service to match Malaysian employers with foreign worker. Car X Services Sdn. Bhd. (“CarX”) Malaysia 55 55 To operate and manage automotive classified web portal and other value added services for the automotive classified web portal. MY EG Finance Technologies Sdn Bhd (“MYEGFT”) Malaysia 100 100 Provision of finance lease activities and other credit granting activities.
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