| 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. |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
|