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Notes To The Financial Statements

VITROX CORPORATION BERHAD

[649966-K]

For The Financial Year Ended 31 December 2008

8.

INVESTMENTS IN SUBSIDIARIES (Cont’d)

The details of the subsidiaries are as follows:-

Ownership

Interest Held

Country of

Name of Subsidiary

Incorporation

2008

2007

Principal Activity

ViTrox Technologies Sdn. Bhd.

Malaysia

100%

100%

Development and production of

automated vision inspection system

and digital automated vision inspection

equipment and modules

ViE Technologies Sdn. Bhd.

Malaysia

100%

100%

Design, development and manufacture

of printed circuit board assemblies for

microprocessor applications

ViTrox International Sdn. Bhd.

Malaysia

100%

100%

Investment holding for setting up

foreign subsidiaries and catering for

future foreign investments

ViTrox Technologies (Suzhou) Co., Ltd.*

China

**100%

**100%

As sales and support office

*

Not audited by Horwath

**

Interest held through ViTrox International Sdn. Bhd.

Amounts Owing By Subsidiaries

2008

2007

RM

RM

Trade

2,496,956

1,721,426

Non-trade

6,481,293

6,498,170

8,978,249

8,219,596

The credit term of trade amount is 60 days. The non-trade amount is unsecured, non-interest bearing and has no fixed term

of repayment.