XML 38 R27.htm IDEA: XBRL DOCUMENT v3.25.4
Nature of business and organization (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of subsidiaries of the company

The accompanying consolidated financial statements reflect the activities of the Company and each of the following entities:

 

Name       Background   Ownership
Knorex Pte. Ltd. (“Knorex SG”)     A Singapore company   100% owned by the Company
      Incorporated on September 9, 2009    
      Provides sales and local support, and product management service    
Knorex Inc. (“Knorex US”)     A Delaware Corporation in the United States   100% owned by Knorex SG
      Incorporated on May 9, 2018    
      Provides sales and local support and product management service    
Knorex Software Sdn. Bhd. (“Knorex MY”)     A Malaysia company   100% owned by Knorex SG
      Incorporated on August 30, 2010    
      Provides creative design support    
Knorex Vietnam Co. Limited (“Knorex VN”)     A Vietnam company   99% owned by Knorex SG
      Incorporated on July 18, 2013    
      Provides technical development, research and development and customer and technical support    
Knorex India Private Limited (“Knorex IN”)     An India company   99.99% owned by Knorex SG
      Incorporated on June 17, 2016    
      Provides technical development, research and development, software testing, quality assurance and quality control service and customer and technical support    
Knorex (Thailand) Co. Ltd. (“Knorex TH”)     A Thailand company   100% owned by Knorex SG through deed of trust*
      Incorporated on November 19, 2013    
      Dissolution in progress    
Knorex Pty. Ltd. (“Knorex AU”)     An Australia company   100% owned by Knorex SG through deed of trust*
      Incorporated on March 30, 2015    
      Approved for voluntary deregistration from the Australian Securities & Investments Commission (ASIC) on January 3, 2024    
Knorex (Guangzhou) Pte. Ltd. (“Knorex CN”)     A People’s Republic of China company   100% owned by Knorex SG
      Incorporated on October 27, 2017    
      A dormant company    
Adziggy, Inc (“Adziggy US”)     A Delaware Corporation in the United States   100% owned by Knorex SG
      Incorporated on June 13, 2019    
      A dormant company    
Ascendx Medica Technologies Pte. Ltd. (“AscendX”)     A Singapore company   100% owned by Knorex SG
      Incorporated on June 11, 2025    
      Development of software and applications    

 

*Knorex SG is the trustee and is the beneficial owner of Knorex TH and Knorex AU affected through the execution of deed of trust agreement. Knorex TH and Knorex AU’s operations are immaterial to the Company’s accompanying financial statements.