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GHL Systems Berhad
(293040-D)
Annual report 2015
Notes to the Financial Statements
31 December 2015 (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 2015 2014 Principal activities
% %
GHL CardPay Sdn. Bhd.
#
Malaysia 100.00 100.00 Issuing and/or acquiring all credit
card, debit card, prepaid card,
loyalty card and electronic cash
transactions carried out by the card
holders at acquired merchants
on behalf of the card issuer and
for that purpose to provide the
necessary facilities and infrastructure
that facilitates the transactions
electronically.
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,
100.00 100.00 Investment holding.
Malaysia
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 Dormant.
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.