XML 46 R35.htm IDEA: XBRL DOCUMENT v3.25.4
Related party transactions (Tables)
6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Schedule of other receivables - related party

 

Name of Related Party  Relationship  Nature 

As of

June 30, 2025

  

As of

December 31, 2024

 
         US$   US$ 
Khar Heng Choo* 
Chairman and Chief Executive Officer of the Company
  Employee advance   37,278    - 
Total        $37,278   $- 

 

*As of the issuance date of these accompanying unaudited condensed consolidated financial statements, these receivables have been repaid by the related party.
Schedule of short-term loans - related parties

 

Name of Related Party  Relationship  Term  Nature 

As of

June 30, 2025

  

As of

December 31, 2024

 
            US$   US$ 
Truong Vinh Phu Le  Vice President of Operations of the Company  30% interest per annum, maturity date extended from 1/18/2025 to 9/9/2025  Working capital loan  $62,711   $104,221 
Truong Vinh Phu Le  Vice President of Operations of the Company  30% interest per annum, maturity date extended from 2/7/2025 to 9/9/2025  Working capital loan   23,516    22,596 
Truong Vinh Phu Le  Vice President of Operations of the Company  1.25% per week  Working capital loan   117,582    - 
Truong Vinh Phu Le  Vice President of Operations of the Company  Non-interest bearing and due on demand  Working capital loan   47,033    - 
Kheng Ee Lennon Teng  Group General Manager of the Company  30% interest per annum, maturity date extended from 1/18/2025 to 9/9/2025  Working capital loan   23,516    22,322 
Kheng Ee Lennon Teng  Group General Manager of the Company  30% interest per annum, maturity date extended from 2/7/2025 to 9/9/2025  Working capital loan   15,678    15,064 
Kheng Ee Lennon Teng  Group General Manager of the Company  Non-interest bearing and due on demand  Working capital loan   15,765    27,238 
Kheng Ee Lennon Teng  Group General Manager of the Company  Non-interest bearing and due on demand  Working capital loan   27,436    - 
Wilson Chandra  Director and President  Non-interest bearing and due on demand  Working capital loan   46,037    80,000 
Total           $379,274   $271,441 
Schedule of other payables - related parties

 

Name of Related Party  Relationship  Nature 

As of

June 30, 2025

  

As of

December 31, 2024

 
         US$   US$ 
Kheng Ee Lennon Teng  Group General Manager of the Company  Employee reimbursement   2,818    2,642 
Le Truong Vinh Phu  Vice President of Operations of the Company  Interest Accrual – Related Parties   52,061    10,668 
Kheng Ee Lennon Teng  Group General Manager of the Company  Interest Accrual – Related Parties   14,830    4,772 
Wilson Chandra  Director and President  Interest Accrual – Related Parties   1,749    2,029 
Total        $71,458   $20,111