v3.25.1
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF REVENUE RECOGNITION

 

                 
   Three months ended
March 31,
   Nine months ended
March 31,
 
   2025   2024   2025   2024 
Sale of plastic recycle products  $197,940   $488,820   $771,446   $1,394,346 
SCHEDULE OF CASH AND CASH EQUIVALENT

Cash and cash equivalents consist of cash on hand, demand deposits placed with banks or other financial institutions and have original maturities of less than three months. The Company’s primary bank deposits are located in Malaysia.

 

   March 31,
2025
   June 30,
2024
 
Cash, cash equivalents, and restricted cash          
Denominated in United States Dollars  $716   $2,396 
Denominated in Chinese Renminbi   633    1,001 
Denominated in Malaysian Ringgit   32,696    25,461 
Cash and cash equivalents  $34,045   $28,858 
SCHEDULE OF ESTIMATED USEFUL LIVES

 

Categories   Expected useful life
Factory building   20 years
Factory equipment   7 years
Office equipment   3 - 10 years
Computer and Software   3 - 10 years
Leasehold improvement  

Over the shorter of estimated useful life or term of lease

Motor vehicles   3 - 10 years
SCHEDULE OF FOREIGN EXCHANGE RATES

Translation of amounts from the local currencies of the Company into US$ has been made at the following exchange rates for the respective periods:

 

   As of
March 31, 2025
   As of
June 30, 2024
 
Spot USD: MYR exchange rate  $4.4344   $4.7172 
Average USD: MYR exchange rate  $4.4120   $4.6941