Restricted Cash |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
Restricted Cash [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
RESTRICTED CASH | NOTE 7 — RESTRICTED CASH
As of December 31, 2023 and 2024, the Company pledged its fixed deposits of $2,931,357 and $2,192,015 for banking facilities secured from Nanyang Commercial Bank, Limited and DBS Bank (Hong Kong) Limited. Other than the letter of guarantee of $384,615 (2023: $461,538) for operation, of the banking facilities were utilized as of December 31, 2023 and 2024.
Restricted cash are summarized as follows:
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