NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2022 (cont’d) 8. 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 2022 2021 Subsidiaries of MYEGC (cont’d) Essential Reviews Sdn. Bhd. (“ERSB”) Malaysia 67 67 Provision of digital platform for reviews news on restaurant and food and beverage business, with advertising or marketing possibilities for related brands. Mydigitalcoin Sdn. Bhd. (“MYDC”) Malaysia 100 100 Investment holding. MY EG E-Settlement Sdn. Bhd. (“MYEGE”) Malaysia 100 100 Providing software solutions and maintenance services. PayMe Sdn. Bhd. (“PayMe”) Malaysia 100 100 Provision of human resource management and payroll services. MY EG Islamic Finance Sdn. Bhd. (“MYEGIF”) Malaysia 100 100 Provision of Islamic financial lease activities and other Islamic credit granting activities. MYEG Medical Services Sdn. Bhd. (“MYEGM”) Malaysia 100 100 To market medical products and services including health screening solutions and quarantine services. NFT Pangolin Technologies Sdn. Bhd. (“NFTPT”) Malaysia 51 51 Investment holding. Beli Mart Sdn. Bhd. (“Beli Mart”) Malaysia 100 100 Build, develop, own, and operate e-commerce platform. Subsidiaries of CardBiz CardBiz Solutions Sdn. Bhd. (“CSSB”) Malaysia 55 55 Engaged in business as an information and communication technologies software solutions provider that provide software and system customisation for clients. CardBiz Payment Services Sdn. Bhd. (“CPSSB”) Malaysia 55 55 Information technology and credit card terminal rental and other related services. CardBiz Technologies Sdn. Bhd. (“CTSB”) Malaysia 55 55 Trading of computer hardware, software, printer, accessories, peripherals, equipment, and electronic products. 194
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