My EG Services Berhad Annual Report 2024

218 NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʧ (cont’d) 8. INVESTMENT IN ASSOCIATES Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Unquoted shares, at cost 756 756 400 400 Share of post-acquisition losses (406) (404) - - 350 352 400 400 Accumulated impairment losses - - (400) (400) 350 352 # # Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Share of post-acqusition results At beginning of the financial year 404 403 - - Share of loss 2 1 - - At end of the financial year 406 404 - - # - represents an amount less than RM1,000. Details of the associates are as follows: Name of Associate Place of business/ Country of incorporation Effective interest (%) Principal activities 2024 2023 Associates of Company MY E.G. Integrated Networks Sdn. Bhd. (“MINT”) Malaysia 40 40 Provision of software and hardware solutions and related services. Zetrix Fintech Sdn. Bhd. (“ZFSB”) Malaysia 40 40 Provision of digital solutions and ancillary services and investment holding company. Associates of MYEGC My AdMarket Sdn. Bhd. (“MYAM”) Malaysia 40 40 Activities of holding companies. Dinamik Koridor Sdn. Bhd. (“DKSB”) * Malaysia 33 33 Activities of holding companies. Associate of MYEGT MY EG (Thailand) Co., Ltd. (“MTCL”) * Thailand 49 49 Trading and investment company. * This associate was consolidated using the unaudited management accounts of which the financial statements are not material to the Group.

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