INCOME TAX |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAX | NOTE – 5 INCOME TAX
As of September 28, 2024, The Company has ceased all operations in Malaysia, as previously disclosed in the most recent Form 10-K. Consequently, the Company did not generate any revenue and incurred net operating losses during the reporting period. Accordingly, no current income tax expense or benefit has been recorded for the three months ended March 31, 2025.
The Company has accumulated net operating loss carryforwards resulting in deferred tax assets. However, due to the uncertainty surrounding future taxable income and the Company's inactive status, management has determined that it is more likely than not that these deferred tax assets will not be realized. As a result, a full valuation allowance has been maintained against the deferred tax assets in accordance with ASC 740.
No material changes in tax laws or rates have occurred during the reporting period that would impact the Company's income tax position. Additionally, the Company has not identified any uncertain tax positions that would require disclosure under ASC 740.
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