25
SUBSIDIARIES
The
Group’s subsidiaries on March 31, 2025, from a legal perspective following the Recapitalization, are set out below. Unless otherwise
stated, they have share capital consisting solely of ordinary shares that are held directly by the Group. The country of incorporation
or registration is also their principal business place of business. Particulars of the subsidiaries as of March 31, 2025 are as follows:
SCHEDULE OF SUBSIDIARIES
| Name of entities | |
Places of
Incorporation and
operation | |
Principal activities | |
Particulars of
issued/registered
share capital | |
Percentage of
ownership
interest |
| Diginex Solutions (HK) Limited* | |
Hong Kong | |
Provision of ESG reporting solutions services | |
19,907 ordinary shares issued
(2024: 11,626 ordinary shares
and 3,000 preferred shares
issued)
(note)
| |
Direct 100%
(2024: 100%) |
| Diginex USA, LLC | |
United States of America | |
Provision of ESG reporting solutions services | |
1,000 Class A Units
of $10 each
(2024: 1,000 Class A Units
of $10 each)
| |
Indirect 100%
(2024: 100%) |
Diginex Services
Limited | |
United Kingdom | |
Provision of ESG reporting solutions services | |
Ordinary shares of
1 pence each
(2024: Ordinary shares of
1 pence each | |
Indirect 100%
(2024: 100%) |
| * |
Note: | In
September 2024, the Company converted all issued Preferred Shares of DSL into ordinary shares
of DSL at a ratio of 1 preferred share to 1 ordinary share. |
|