DIRECTORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 SUBSIDIARIES (a) Details of the subsidiaries are as follows: Name of subsidiary Principal activities Percentage of Issued Share Capital Held by Parent 2025 % Subsidiaries of the Company Dagang Net Technologies Sdn. Bhd. (“DNET”) Development, management and provision of business to government (B2G) e-commerce and computerised transaction in trade facilitation services. 100 DNeX Solutions Sdn. Bhd. Providing expertise in IT project management and consultancy, supply of (ICT) hardware equipment, maintenance and asset management. 100 DNeX Capital Sdn. Bhd. Dormant. 100 DNeX Energy Sdn. Bhd. (“DESB”) Investment holding in upstream oil and gas exploration and production. 100 OGPC Sdn. Bhd. (“OGPC”) Sale of oil and gas related equipment, provision of engineering and technical support services for the oil and gas industry. 100 Forward Energy Generation Ltd. Dormant. 100 DNeX Semiconductor Sdn. Bhd. (“DSEMI”) Investment holding in the manufacturing of semiconductor wafers and supplies multinational fabless and integrated device manufacturer. 100 DNeX Mena Sdn. Bhd. (“MENA”) Dormant. 100 DNeX PE General Partner Ltd. Investment holding and related financing activities. 100 DNeX Private Equity Ltd. Investment holding and the provision of management and advisory services. 100 Subsidiaries of DNET DNeX RFID Sdn. Bhd. Dormant. 51 Global eCommerce Limited Dormant. 51 DNeX Telco Services Sdn. Bhd. Dormant. 51 Global Market eCommerce Sdn. Bhd. (“GMEC”) Dormant. 100 DNeX VMS Sdn. Bhd. Dormant. 100 SealNet Sdn. Bhd. Providing technical consultancy, implementation, training, maintenance and technical support services related to eBusiness and the operation of business to business (B2B) eCommerce portal. 100 Genaxis Group Sdn. Bhd. Providing consultancy and advisory in computer hardware, software, peripherals and other IT based products. 99 129 OPERATIONAL REVIEW SUSTAINABILITY STATEMENT GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION INTELLIGENCE POWERING
RkJQdWJsaXNoZXIy NDgzMzc=