| SCHEDULE OF PRINCIPAL SUBSIDIARIES |
The
details of the principal subsidiaries of the Company are set out as follows:
SCHEDULE
OF PRINCIPAL SUBSIDIARIES
| Name of Company | |
Place of Incorporation | |
Date of Incorporation | | |
Acquisition Date | |
Attributable Equity
Interest % | | |
Business |
| 12 Retail Corporation (“12 Retail”) | |
Arizona, USA | |
| Sept. 18, 2017 | | |
Formed
by 12 ReTech Corporation | |
| 100 | % | |
Includes the operations of Bluwire Group, LLC (acquired October 1, 2019), and its subsidiaries and as its own operations. |
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| 12 Fashion Group Inc | |
Arizona, USA | |
| June 26, 2020 | | |
Formed
by 12 ReTech Corporation | |
| 100 | % | |
Includes the operations of Red Wire Group, LLC (acquired February 19, 2019, now defunct), Rune NYC, LLC (acquired March 14, 2019), Social Decay, LLC dba Social Sunday (acquired November 01, 2019), and other brands |
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| 12 Tech Inc | |
Arizona, USA | |
| Dec 26,2019 | | |
Formed
by 12 ReTech Corporation | |
| 100 | % | |
Includes the operations and Intellectual Properties of 12 Japan Limited (acquired July 31, 2017), 12 Hong Kong Limited (acquired July 31, 2017), and 12 Europe AG (acquired October 26, 2017, now defunct), and its own operations |
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