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INVESTMENTS IN EQUITY SECURITIES (Tables)
12 Months Ended
Dec. 31, 2024
INVESTMENTS IN EQUITY SECURITIES  
Schedule of investments in equity securities

 

 

As of

 

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

As of beginning of the year

 

$1,699,831

 

 

$1,150,898

 

Addition during the year

 

 

492,732

 

 

 

320,733

 

Disposal during the year

 

 

(1,030,368)

 

 

(26,146)

Fair value gains

 

 

69,476

 

 

 

313,859

 

Impairment during the year  

 

 

-

 

 

 

(6,194)

Foreign exchange translation

 

 

33,495

 

 

 

(53,319)

As of end of the year

 

$1,265,166

 

 

$1,699,831

 

Schedule of investments in equity securities consist of Country

The investments in equity securities consist of the following shares:

 

 

 

 

 

 

 

 

As of

 

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Investment in equity securities with readily determined fair value:

 

 

 

 

 

 

Malaysia

 

 

863,810

 

 

 

1,138,863

 

Singapore

 

 

177,808

 

 

 

79,577

 

Hong Kong

 

 

-

 

 

 

481,391

 

 

 

$1,041,618

 

 

$1,699,831

 

Investment in equity securities without readily determined fair value:

 

 

 

 

 

 

 

 

Malaysia

 

 

223,548

 

 

 

-

 

 

 

$1,265,166

 

 

$1,699,831