1.
ORGANIZATION AND BUSINESS BACKGROUND
AsiaFIN
Holdings Corp. (“the Company”) was incorporated under the jurisdiction of Nevada on June 14, 2019. The Company, through its
wholly owned subsidiaries, provides information technology services. Details of the Company’s subsidiaries and associate:
| No. | | Subsidiary Company Name | | Domicile and Date of Incorporation | | Particulars of Issued Capital | | Principal Activities | | 1 | | AsiaFIN Holdings Corp. | | Labuan on July 15, 2019 | | 1 share of common stock | | Investment holding company | | | | | | | | | | | | 2 | | AsiaFIN Holdings Limited | | Hong Kong on July 5, 2019 | | 1 share of common stock | | Investment holding company | | | | | | | | | | | | 3 | | StarFIN Holdings Limited | | British Virgin Islands on August 19, 2021 | | 10,000 shares of common stock | | Investment holding company | | | | | | | | | | | | 4 | | Insite MY Holdings Sdn Bhd (FKA StarFIN Asia Sdn Bhd) | | Malaysia on May 24, 2018 | | 11,400,102 shares of common stock | | Investment holding company | | | | | | | | | | | | 5 | | OrangeFIN Academy Sdn Bhd (FKA Insite MY.Com Sdn Bhd) | | Malaysia on February 2, 2000 | | 100,000 shares of common stock | | Provision of business system integration and management services | | | | | | | | | | | | 6 | | Insite MY Systems Sdn Bhd | | Malaysia on January 18, 2000 | | 500,000 shares of common stock | | Provision of information technology services | | | | | | | | | | | | 7 | | Insite MY Innovations Sdn Bhd | | Malaysia on January 18, 2010 | | 540,000 shares of common stock | | Provision of information technology services | | | | | | | | | | | | 8 | | OrangeFIN Asia Sdn Bhd | | Malaysia on January 25, 2018 | | 50,000 shares of common stock | | Provision of computer programming activities and services | | | | | | | | | | | | 9 | | TellUS Report Sdn Bhd | | Malaysia on September 22, 2023 | | 60 shares of common stock | | Provision of information technology services |
| No. | | Associate
Company Name | | Domicile and Date of Incorporation | | Particulars of Issued Capital | | Principal Activities | | 1 | | Murni StarFIN Sdn Bhd | | Malaysia on September 9, 2022 | | 100,000 shares of common stock | | Provision of information technology services | | | | | | | | | | | | 2 | | KSP AsiaFIN Co., Ltd. (FKA KSP StarFIN Co., Ltd.) | | Thailand on August 11, 2023 | | 50,000 shares of common stock | | Provision of information technology services |
Mr.
Kai Cheong Wong is the common director of all of aforementioned companies except KSP AsiaFIN Co., Ltd.
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