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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net loss $ (281,096) $ (9,274) $ (559,207) $ (343,910)  
Minority interest (3,940) (7,345)  
Share of loss from operation of associate 15,488 25,087  
Adjustments to reconcile net profit to net cash used in operating activities:          
Depreciation and amortization     56,390 88,735  
Provision for credit loss allowance     26,207  
Changes in operating assets and liabilities:          
Account payable     33,025 17,518  
Account receivable     410,988 45,073  
Prepayment, deposits and other receivables     (39,132) 70,179  
Other payables and accrued liabilities     (58,967) 153,188  
Deferred revenue     253,806 131,523  
Tax assets     (41,513) 227,448  
Deferred income tax assets     4,302  
Income tax payable     (200,413)  
Change in lease liability     (28,774) (44,537)  
Net cash provided by operating activities     70,565 149,106  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchase of property, plant and equipment     (22,448) (17,141) $ (32,479)
Investment in associate     (70,790)  
Net cash used in investing activities     (93,238) (17,141)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Advance to director     (36,899) (30,397)  
Repayment of hire purchase     (4,615) (5,637)  
Advances to related companies     (282) (173)  
Dividend paid     (378,931)  
Net cash used in financing activities     (41,796) (415,138)  
Effect of exchange rate changes on cash and cash equivalents     (15,971) (33,158)  
Net increase in cash and cash equivalents     (80,440) (316,331)  
Cash and cash equivalents, beginning of year     1,234,188 1,580,170 1,580,170
CASH AND CASH EQUIVALENTS, END OF YEAR $ 1,153,748 $ 1,263,839 1,153,748 1,263,839 $ 1,234,188
SUPPLEMENTAL CASH FLOWS INFORMATION          
Cash paid for income taxes     53,168 53,272  
Cash paid for interest paid     $ 1,470