v3.25.2
PROPERTY, PLANT AND EQUIPMENT, NET
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Property Plant And Equipment Net    
PROPERTY, PLANT AND EQUIPMENT, NET

5. PROPERTY, PLANT AND EQUIPMENT, NET

 

  

As of

March 31, 2025

  

As of

December 31, 2024

 
Computer systems  $318,133   $306,930 
Furniture and fittings   88,921    82,657 
Electrical fittings   10,146    10,069 
Handphone   64,285    63,797 
Office equipment   101,468    98,913 
Renovation   172,631    171,322 
Motor vehicle   300,080    374,419 
Property   416,995    413,833 
Total property, plant and equipment  $1,472,659   $1,521,940 
Less: Accumulated depreciation   (853,655)   (907,267)
Total property, plant and equipment, net  $619,004   $614,673 

 

   For three months ended
March 31, 2025
   For the year ended
December 31, 2024
 
Investment in computer systems  $8,841   $39,432 
Investment in furniture and fittings   5,622    587 
Investment in electrical fittings   -    - 
Investment in handphone   -    11,216 
Investment in office equipment   1,795    2,792 
Investment in renovation   -    84,316 
Total investment in property, plant and equipment  $16,258   $138,343 
           
Depreciation for the period   16,623   $59,305 

 

 

6. PROPERTY, PLANT AND EQUIPMENT, NET

 

  

As of

December 31, 2024

  

As of

December 31, 2023

 
Computer systems  $306,930   $259,798 
Furniture and fittings   82,657    79,933 
Electrical fittings   10,069    9,808 
Handphone   63,797    51,000 
Office equipment   98,913    93,578 
Renovation   171,322    83,097 
Motor vehicle   374,419    364,726 
Property   413,833    403,120 
Total property, plant and equipment  $1,521,940   $1,345,060 
Less: Accumulated depreciation   (907,267)   (824,844)
Total property, plant and equipment, net  $614,673   $520,216 

 

  

For the year ended

December 31, 2024

  

For the year

ended

December 31, 2023

 
Investment in computer systems  $39,432   $17,874 
Investment in furniture and fittings   587    371 
Investment in electrical fittings   -    278 
Investment in handphone   11,216    3,393 
Investment in office equipment   2,792    6,497 
Investment in renovation   84,316    4,066 
Total investment in property and plant  $138,343   $32,479 
           
Depreciation for the period   59,305   $74,429 

 

For the year ended December 31, 2023, the Company acquired a property amounted $420,225 financed through loan from director which is unsecured, non-interest bearing and payable on demand and cash in hand.