Dagang NeXchange Berhad Annual Report 2023

7. INVESTMENTS IN SUBSIDIARIES (CONTINUED) Details of the subsidiaries are as follows: (continued) Name of subsidiary Principal place of business/ country of incorporation Principal activities Effective ownership interest 31.12.2023 % 30.6.2022 % Technology DNeX Semiconductor Sdn. Bhd. Malaysia Investment holding in the manufacturing of semiconductor wafers and supplies multinational fabless and integrated device manufacturer. 100 100 Silterra Malaysia Sdn. Bhd.********@^1 Malaysia Manufacturing of semiconductor wafers and supplies multinational fabless and integrated device manufacturer. 60 60 Pembinaan Waferfab Sdn. Bhd.###@^ Malaysia Trading of Solid State Drive (“SSD”) products. 60 60 Silterra Sales & Marketing Sdn. Bhd.###@^ Malaysia Sales and marketing of advanced semi-conductor products. 60 60 Silterra Capital Berhad###@^ Malaysia Dormant. 60 60 Silterra Sales & Marketing (L) Ltd.####@^ Federal Territory of Labuan, Malaysia Sales and marketing of advanced semi-conductor products. 60 60 Silterra USA, Inc.#####@^ United States of America Dormant. 60 60 ******** This subsidiary’s interest is held under DNeX Semiconductor Sdn. Bhd.. ### These subsidiaries’ interests are held under Silterra Malaysia Sdn. Bhd.. @ These subsidiaries were audited by other firms of chartered accountants. ^ In the previous financial year, the Company and Beijing Integrated Circuit Advanced Manufacturing & High–End Equipment Equity Investment Fund Center (Limited Partnership) (“CGP Fund”) entered into a share sale and purchase agreement with Khazanah Nasional Berhad to acquire 100% equity interest in Silterra Malaysia Sdn. Bhd. (“Silterra”) for a total cash consideration of RM273,000,000. The Company through DNeX Semiconductor Sdn. Bhd. hold 60% equity interest in Silterra. #### This subsidiary’s interest is held under Silterra Sales & Marketing Sdn. Bhd.. ##### This subsidiary’s interest is held under Silterra Sales & Marketing (L) Ltd.. @ These subsidiaries were audited by other firms of chartered accountants. ^ In the previous financial year, the Company and Beijing Integrated Circuit Advanced Manufacturing & High–End Equipment Equity Investment Fund Center (Limited Partnership) (“CGP Fund”) entered into a share sale and purchase agreement with Khazanah Nasional Berhad to acquire 100% equity interest in Silterra Malaysia Sdn. Bhd. (“Silterra”) for a total cash consideration of RM273,000,000. The Company through DNeX Semiconductor Sdn. Bhd. hold 60% equity interest in Silterra. 1 The management accounts was approved by the Board of Directors of the Company for consolidation purpose. Integrated Report 2023 237

RkJQdWJsaXNoZXIy NDgzMzc=