Company: IDVV
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001683168-25-006029
Chunk: 11

Company: ModuLink Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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may differ.

     F-7 

INTERNATIONAL ENDEAVORS CORPORATION

CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND SIX MONTHS ENDED JUNE 30,
2025 AND 2024

(UNAUDITED)

    NOTE 3
    SUBSIDIARIES

Details of the Company’s principal consolidated
subsidiaries as of June 30, 2025 and December 31, 2024 were as follows: 

    Schedule of principal consolidated
subsidiaries 

    Name 
    Place of Incorporation 
    Ownership/Control interest attributable to the Company June 30, 2025 and December 31, 2024 
    Principal activities
  
    ModuLink Investment Limited (“MIL”) (i) 
    British Virgin Islands 
    100% 
    Holding company
  
    ModuLink Corporation Limited (“MCL”) (ii) 
    Hong Kong 
    100% 
    Holding company and provision of intergroup management services
  
    Zenith Integrated Modular Limited (“ZIML”) (iii) 
    Hong Kong 
    100% 
    Provision of construction and engineering services
  
    Zenith AY Modular Buildings Company Limited (“ZAMBCL”) (iv) 
    Hong Kong 
    100% 
    Provision of project management services in overseas (vi)
  
    ModuLink InnoTech Company Limited (“MICL”) (v) 
    Hong Kong 
    100% 
    Provision of technology management services (vii)

Remarks:

    i)
    ModuLink Investment Limited was incorporated on March 13, 2025 in the British Virgin Islands.

    ii)
    ModuLink Corporation Limited was incorporated on June 26, 2024 in Hong Kong.

    iii)
    ZIML was incorporated on August 13, 2021, as a wholly owned subsidiary of a Hong Kong limited company, which was beneficially held by Anthony Hin Wah TAM (“Mr. TAM”), a major shareholder, director and chairman of the Company. On August 1, 2024, a share swap agreement was executed among ZIML, MCL, the Hong Kong entity held by Mr. TAM, and two other major shareholders of MIL. Pursuant to this agreement, Mr. TAM exchanged his entire ultimate shareholding in ZIML for a 50% equity interest in MCL prior to private placements to other shareholders. After the transaction,