Annual report 2014
105
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
% %
Subsidiaries of GHL
ePayments Sdn. Bhd.
GHL ePayments Co. Ltd
Thailand 99.99 99.99 Internet payment gateway.
GHL ePayments
Philippines, Inc.
Philippines
99.99 99.99 Provision of payment technology
services and solutions to banks and
merchants in the Philippines.
Subsidiary of e-pay Asia
Pty. Ltd.
SkyNetGlobal
(South-East-Asia) Pte. Ltd
Singapore 79.00
-
Dormant.
Subsidiary of GHL Systems
Philippines, Inc.
Pinoytek Solusyen, Inc. @ Philippines
40.00 40.00 Provide end-to-end payment services
and solutions to the market both in
the Philippines and abroad through
the deployment of world-class
payment infrastructure, technology
and
services,
from
standard
chip cards to store-value, loyalty
and contactless card solution to
network access controllers and to
bid for government projects for the
provisions of such services.
Subsidiary of GHL
(Thailand) Co., Ltd.
Conscious Object
Development Co. Ltd.
Thailand 95.45 89.99 Dormant.
