Credit facilities (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of long-term bank loans

Outstanding balances on long-term bank loans consist of the following:

Bank Name	Repayment terms	Interest Rate			Collateral/ Guarantee	As of June 30, 2025			As of December 31, 2024
						US$			US$
United Overseas Bank Limited	Due monthly beginning in June 2022 to April 2026		3.00	%	Guaranteed by the Company’s shareholders		376,174			547,547
The Development Bank of Singapore Limited	Due monthly beginning in September 2020 to August 2025		2.50	%	Guaranteed by the Company’s shareholders		20,755			79,042
DBS Bank Ltd	Due monthly beginning in March 2024 to Feb 2028		7.75	%	Guaranteed by the Company’s shareholders		50,791			55,784
Total long-term loans – bank							447,720			682,373
Less: Discount on debt instrument							(7,758	)		(21,384	)
Less: Current portion							(415,666	)		(482,454	)
Total						$	24,296		$	178,535

Schedule of short term loans

Outstanding balances on short term loans – third parties consist of the following:

Lender Name	Maturities		Interest Rate			Collateral/ Guarantee		As of June 30, 2025			As of December 31, 2024
								US$			US$
Allen Peter Anthony		July and September 2025		30.0 and 78.0	%		None	$	250,000			150,000
Zeng Li Ren		September 2025		30.0	%		None		450,000			300,000
Lee Kim Tah Foundation		September 2025		30.0	%		None		250,000			250,000
Tan Tin Wee		September 2025		30.0	%		None		50,000			50,000
Le Phu Khanh Huy		July and September 2025		30.0 and 78.0	%		None		1,579,856			1,412,285
Oh Sock Ping		July 2025		78.0	%		None		58,791			56,817
Yee Kee		August 2025		78.0	%		None		297,875			-
Lim Li Wen Chloe		July 2025		78.0	%		None		78,388			-
Lew Hui Pau		July 2025		78.0	%		None		78,388			-
Teo Tian Seng		July 2025		78.0	%		None		156,777			-
Kang Yan Pte. Ltd.		July 2025		78.0	%		None		102,297			-
Zhu Zhi Qing		August 2025		78.0	%		None		65,323			-
Yee Sze Wei		August 2025		78.0	%		None		22,185			-
Jarrod Seah Chi Nam		August 2025		78.0	%		None		100,000			-
Loo Tze Kian		July 2025		78.0	%		None		50,000			-
Tan Choon Huat		July 2025		78.0	%		None		100,000			-
Kan Yut Keong		July 2025		78.0	%		None		90,000			-
Tan Tai Chew		July 2025		78.0	%		None		20,000			-
Peh Ee Hong		July 2025		78.0	%		None		100,000			-
VD Capital Pty. Ltd.		July 2025		10.0	%		None		903,569			-
Ondeck Loan		December 2025		78.0	%		None		180,596			-
Total									4,984,045			2,219,102
Less: Discount on debt instrument									(73,438	)		-
Total short-term loans - bank								$	4,910,607		$	2,219,102