ANNUAL REPORT 2024 FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 FINANCIAL STATEMENTS NOTES TO THE 155 6. RIGHT-OF-USE ASSETS (CONT’D) (b) Office Premises The Group and the Company entered into operating lease agreements for the use of the office premises. The lease agreement is for a period of 2 to 4 years (2023 - 2 years) with no purchase option. 7. INVESTMENTS IN SUBSIDIARIES Company 2024 2023 RM’000 RM’000 Unquoted shares, at cost: - in Malaysia 123,226 90,226 - outside Malaysia 1,029 1,029 124,255 91,255 The details of the subsidiaries are as follows:- Name of Subsidiary Principal Place of Business/ Country of Incorporation Percentage of Issued Share Capital Held by Parent Principal Activities 2024 2023 % % Datasonic Corporation Sdn. Bhd. Malaysia 100 100 Personalisation of smart cards. Datasonic Technologies Sdn. Bhd. (“DTSB”) Malaysia 100 100 Customisation of software and hardware solutions, project management, consultancy, manufacturing and research and development activities. Datasonic Smart Solutions Sdn. Bhd. Malaysia 100 100 Research and development and technical consultancy services. Datasonic Manufacturing Sdn. Bhd. (“DMSB”) Malaysia 100 100 Manufacturing of electrical integrated circuit cards or commonly known as smart cards and its related products. Amalan Fokus Sdn. Bhd. Malaysia 100 100 Provision of information technology services, machine learning, artificial intelligence solutions, deep learning, and other information technology solutions. Datasonic Innovation Sdn. Bhd. ^ Malaysia 100 100 Provision of biometrics solution. Medicloud Malaysia Sdn. Bhd. ^ Malaysia 100 100 Wholesale of pharmaceutical and medical goods. Datasonic Digital Sdn. Bhd. ^ Malaysia 100 100 Dormant. Datasonic International Sdn. Bhd. ^ Malaysia 100 100 Dormant. Datasonic New Zealand Limited (“DNZL”) ~ New Zealand 100 100 Software development services and computer systems design and related activities. PT Datasonic Teknologi Indonesia ^ # Indonesia 100 100 Personalisation of smart cards. Datasonic Business Technology Philippines Inc. ("DBTP") @ $ < Philippines 40 40 Dormant. Datasonic Digent Sdn. Bhd. ("DSB") ^ Malaysia 60 60 Dormant.
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