NOTES TO THE FINANCIAL STATEMENTS For the Financial Year Ended 31 December 2023 (cont’d) 7. INVESTMENT IN SUBSIDIARIES (CONT’D) The details of the subsidiaries are as follows: (cont’d) Name of Company Place of business /Country of incorporation Effective interest (%) Principal activities 2023 2022 Subsidiaries of MYEGI (cont’d) Zetrix Foundation ^ Cayman Islands 100 100 To act as a holding company for all of its intellectual property and investment holding. Subsidiary of MYEGIND PT MYEG Services Indonesia (“PTMYEG”) ^ # Indonesia 100 100 To build, own, and operate a digital platform for commercial services. Subsidiaries of MLSB MYEG FWA (Tanjong Langsat) Sdn. Bhd. (“MYEGFWA”) Malaysia 100 100 Property investment and provision of workers accommodation services. MY EG Lodging (Muar) Sdn. Bhd. (“MYEGMUAR”) Malaysia 100 - Property investments and provision of workers accommodation services. MY EG Lodging (NC) Sdn. Bhd. (“MYEGNC”) * Malaysia 100 - Property investment and provision of workers accommodation services. Subsidiaries of MYEGM MYEG Pharma Sdn. Bhd. (“MYEGPHA”) Malaysia 100 100 Manufacturing, trading, export and import, and distribution of medical devices and equipment and related ancillary services. MYEG Vac Sdn. Bhd. (“MYEG VAC”) Malaysia 51 51 To market medical products and services. Subsidiary of GVSB NFT Capital (Labuan) Co., Ltd (“NFT Labuan”) Malaysia 100 100 Investment holding. Subsidiary of NFT (Labuan) NFT Capital Sdn. Bhd. (“NFT Capital”) Malaysia 100 100 Activities of holding companies. 206 MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K) S T S S S (CO )
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