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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

16.     SUBSEQUENT EVENTS

 

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before unaudited condensed consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred after June 30, 2023, up through the date the Company issued the unaudited condensed consolidated financial statements.

 

On July 6, 2023, the Company issued 129,860,254,628 and 8,608,462,003 shares of common stock to Lee Ying Chiu Herbert and So Han Meng Julian respectively in connection with our acquisition of Marvion Holdings Limited.

 

The Company had no material recognizable subsequent events since June 30, 2023.