v3.25.1
DESCRIPTION OF BUSINESS AND ORGANIZATION
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
DESCRIPTION OF BUSINESS AND ORGANIZATION

1. DESCRIPTION OF BUSINESS AND ORGANIZATION

 

Jocom Holdings Corp. was incorporated on January 8, 2021 under the laws of the state of Nevada.

 

The Company, through its subsidiary, engaged in providing data analytic services, which cover customer behavior and predictive customer analysis.

 

On April 15, 2021, the Company acquired 100% of the equity interests in Jocom Holdings Corp. (herein referred as the “Malaysia Company”), a private limited company incorporated in Labuan, Malaysia. In consideration of the equity interests of Jocom Holdings Corp., Ms. Chua was compensated $100 USD.

 

On June 12, 2024, Jocom Holdings Corp, its wholly owned subsidiary, acquired 100% of the equity interests in JHC Digital Sdn. Bhd. (herein referred as the “Malaysia Company”), a private limited company incorporated in Kuala Lumpur, Malaysia. In consideration of the equity interests of JHC Digital Sdn Bhd., Ms. Chua was compensated $2,120 USD.

 

Details of the Company’s subsidiaries:

  

  Company name   Place/date of incorporation   Particulars of issued capital   Principal activities
               
1. Jocom Holdings Corp.   Labuan, January 26, 2021   100 shares of ordinary share of US$ 1 each   Data Analytic Software Solution
2. JHC Digital Sdn. Bhd.   Kuala Lumpur, June 12, 2024   10,000 shares of ordinary share of Malaysian Ringgit RM1 each   Trading of all kinds of goods online or offline, ecommerce, logistics activities, consulting services for software technology and software development.

 

For purposes of consolidated financial statement presentation, Jocom Holdings Corp. and its subsidiaries are hereinafter referred to as the “Company”.