Annual report 2014
103
NOTES TO THE FINANCIAL STATEMENTS
31 December 2014 (continued)
10. INVESTMENTS IN SUBSIDIARIES (continued)
(a) The details of the subsidiaries are as follows (continued):
Effective
Country of
interest in equity
Name of company
incorporation 2014 2013 Principal activities
% %
GHL CardPay Sdn. Bhd.
#
Malaysia 100.00 100.00 Third party acquirer for e-debit and
MEPS cash transactions, sales and
rental of EDC equipment and its
related software and services,
inclusive of installation, training and
maintenance.
GHL International
Sdn.Bhd.
#
Malaysia 100.00 100.00 Investment holding, sales and
rental of EDC equipment and its
related software and services,
inclusive of installation, training and
maintenance.
GHL Asia Pacific Limited
#
Labuan,
Malaysia
100.00 100.00 Investment holding.
GHL Global Sdn. Bhd.
#
Malaysia 100.00 100.00 Developing and selling of Net.
Point software solution; software
programmes and other related
products and services.
GHL Loyalty Sdn. Bhd.
#
Malaysia 100.00 100.00 Promote and distribute of loyalty
card and to act as operator to
issue, manage, offer and promote
loyalty card program to customers,
company, society, partnership,
association or any other entity.
GHL BPO1 Sdn. Bhd.
#
Malaysia 100.00 100.00 Provide
card-related
outsourcing
services for all business processes, sub-
processes, transactions, activities and
all other card related works performed
by business in various Industries.
GHL ePayments Sdn. Bhd.
#
Malaysia 100.00 100.00 Provide electronic payment services
and online and mobile merchant
acquisition as well as other related
activities.
GHL Payment Services
Sdn. Bhd.
#
Malaysia 100.00 100.00 Provide electronic payment services
and other related activities.
PT. Spotpay Indonesia
^
Indonesia 1.00 1.00 Dormant.
