NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2025 3. GROUP COMPANIES (CONT’D) Name of Company (Country of incorporation) Principal activities (Place of business) Effective equity interest held by the Group 2025 2024 % % Held by CSE Technologies Pte Ltd ii Logic Wireless Holdings Limited (4) (New Zealand) Investment holding (New Zealand) 100 100 ii Logic Wireless Holdings Pty Ltd (4) (Australia) Investment holding (Australia) 100 100 ii Logic Wireless Europe Limited (6) (United Kingdom) Distribution of telecommunications solutions (United Kingdom) 100 100 Held by Logic Wireless Holdings Limited ii Logic Wireless Limited (4) (New Zealand) Distribution telecommunications solutions (New Zealand) 100 100 Held by Logic Wireless Holdings Pty Ltd ii Logic Wireless Pty Ltd (4) (Australia) Distribution of telecommunications solutions (Australia) 100 100 (i) Audited by Ernst & Young LLP, Singapore (ii) Audited by other auditors (1) Audited by M.V Guruprasad, Chartered Accountant (2) Audited by Beijing Zhong Yong LiQin, Certified Public Accountants (3) Audited by RSM Malaysia (4) Audited by BDO New Zealand (5) Audited by Public Accounting Firm (KAP) Effendy & Rekan (6) Audited by Martin and Company Audit Limited (7) Audited by BDO Australia Ltd (8) Audited by Johnson Tidsall Limited (iii) Not required to be audited under the laws of the country of incorporation. (iv) Not required to be audited under the laws of the country of incorporation, but audited by Ernst & Young LLP, Singapore for the purpose of consolidation of the Group. ^ During the year, the Company has capitalised the loan into shares of CSE-Crosscom (International) Pte Ltd and CSE Global (Americas) Pte Ltd amounting to $11,393,000 and $49,650,000 respectively. ^^ In April 2025, the Group has acquired 100% equity interest in Chicago Communications, Inc (referred as “Chicago Communications”) (Note 5). ^^^ During the year, CSE TransTel Middle East FZE and TransTel Engineering (Tianjin) Co. Ltd were liquidated pursuant to member’s voluntary liquidation. CSE TransTel India Private Limited was struck off from the Registers of Companies. ^^^^ During the year, as part of the Group’s ongoing restructuring plan, the following mergers of the Group’s subsidiaries had taken place: (a) Merger of CC American Oilfield, LLC into W-Industries of Texas, LLC (b) Merger of Volta Properties, LLC, Volta Services, LLC and Volta Technologies, LLC into Volta, LLC (c) Merger of EPIC Automation, LLC into EPIC Engineering, LLC (d) Merger of Select Building Controls, LLC into W-Industries of Louisiana, LLC 146 CSE GLOBAL LIMITED
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