213 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʧ (cont’d) 7. INVESTMENT IN SUBSIDIARIES (CONT’D) Details of the subsidiaries are as follows: (cont’d) Name of Company Place of business/ Country of incorporation Effective interest (%) Principal activities 2024 2023 Subsidiaries of CardBiz (cont’d) POSPay Sdn. Bhd. (formerly known as Buy Now Asia Sdn. Bhd.) (“PSB”) Malaysia 55 55 Provision and distribution of customised Point-of-Sale (“POS”) and payment system solutions, including development and integration with banks and third-party systems and offering end-to-end solutions for seamless payment processing. CardBiz eServices Sdn. Bhd. (“CBES”) Malaysia 55 55 Activities of providing infrastructure for hosting, data processing services and related activities. Subsidiaries of EGSB MYEG Trade Sdn. Bhd. (“MTSB”) Malaysia 100 100 Trading of motor vehicles, rental of motor vehicles and provision of ancillary services. MY EG Lodging Sdn. Bhd. (“MLSB”) Malaysia 65 65 Build, own and operate hostels for foreign workers. MYEG Auto Assist Sdn. Bhd. (“MYAA”) Malaysia 100 100 Provision of motor vehicle inspection, maintenance and repair of motor vehicles, motor vehicles breakdown assistance with towing services, sale of removable motor vehicle spare parts, and provision of membership in relation thereto. MYEG TwoCar Sdn. Bhd. (“MYEG TwoCar”) Malaysia 80 80 Provision of undertaking the registration and transfer of motor vehicle ownership business segment, providing complementary services arising from new and used car dealers and ancillary services. Subsidiary of Hurr Tv MYEG Travel Services Sdn. Bhd. (formerly known as Muca Wellness Sdn. Bhd.) (“MTSSB”) Malaysia - 60 Travel agent activities including domestice & international tourism management business and travel agency businesss.
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