Schedule of subsidiaries of the company
Name | |
Date of
incorporation | |
Percentage of direct or indirect interests | | |
Place of incorporation | |
Principal activities |
| | |
| |
December 31,
2025 | | |
June 30,
2026 | | |
| |
|
| IFSC Pte. Ltd. (“IFSC”) | |
March 18, 2016 | |
| 100% | | |
| 100% | | |
Singapore | |
Sale of facilities management software |
| Gaussian Robotics Pte. Ltd. | |
May 18, 2017 | |
| 100% | | |
| 100% | | |
Singapore | |
Provision of trading and maintenance of robotic equipment |
| Simpple Pte. Ltd. | |
October 13, 2020 | |
| 100% | | |
| 100% | | |
Singapore | |
Research and experimental development on environment and clean technologies |
| Simpple Australia Pty Ltd * | |
September 6, 2023 | |
| 100% | | |
| - | | |
Australia | |
Sale of facilities management software |
| * |
On February 6, 2026, the
Company, through its subsidiary IFSC Pte. Ltd., completed the sale of its entire interest in SIMPPLE Australia Pty Ltd. to two employees
of that subsidiary for total consideration of AUD2. SIMPPLE Australia was deconsolidated on that date, and the Company retained no ownership interest. At the disposal date, SIMPPLE Australia had net liabilities of approximately S$1,337,069, including amounts due to
a Group entity. The disposal
resulted in a gain of S$1,315,264, included in “Other income” in the condensed consolidated statement of operations. The
Company’s parent guarantee in respect of SIMPPLE Australia terminated upon completion. |
|