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105

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 Payment Services

Sdn. Bhd.

#

Malaysia 100.00 100.00 Dormant.

PT. Spotpay Indonesia

^

Indonesia 1.00

1.00 Dormant.

e-pay Asia Pty. Ltd.

#

Australia 100.00 100.00 Dormant.

EPY Capital Holdings Limited British Virgin

Islands

100.00 100.00 Investment holding.

Mobiepay Sdn. Bhd.

#

Malaysia 100.00 100.00 Engaged in the business of

developing and selling software.

Sentripay Sdn. Bhd.

#

Malaysia 100.00 100.00 Dormant.

S Capital Sdn. Bhd.

#

Malaysia 100.00 100.00 Investment holding.

Subsidiaries of GHL Asia

Pacific Limited

GHL Systems Philippines, Inc.

Philippines

99.99 99.99 Provision of end-to-end payment

services and solutions through

the

deployment

of

payment

infrastructure,

technology

and

services.

GHL Systems Australia

Pty. Ltd.

Australia 100.00 100.00 Sales of hardware, software and

professional.

GHL (Thailand) Co., Ltd.

Thailand 95.45 95.45 Sale, maintenance, installation and

rental of card and non-card based

payment processing systems and

services, and relevant infrastructure

including hardware and software for

all kinds of payment solution systems.

PT. Spotpay Indonesia ^

Indonesia 99.00 99.00 Dormant.