RELATED PARTY TRANSACTIONS |
12 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE – 11 RELATED PARTY TRANSACTIONS
From time to time, the Company’s related companies and director advanced working capital funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and is repayable on demand.
For the years ended March 31, 2025 and 2024, the Company outsourced and incurred technical consultancy services of $46,152 and $42,177 respectively from a related company which is related to a shareholder.
For the years ended March 31, 2025 and 2024, the Company earned technical consultancy services income of $76,921 and $70,296 respectively to a related company which is related to a shareholder.
For the years ended March 31, 2025 and 2024, the Company incurred consulting fee expenses of $134,000 and $33,000 respectively to a director - Wong Nga Yin Polin. As at March 31, 2025 and 2024, the balances payable to Wong Nga Yin Polin was $0 and $33,000 respectively.
The amount due from a related party represented temporary advances to the related party for research and development conducted. The amount due from a related party was $0 and $12,160, as of March 31, 2025 and 2024, respectively. The amount is unsecured, interest-free and recoverable on demand.
Apart from the transactions and balances detailed elsewhere in these accompanying consolidated financial statements, the Company has no other significant or material related party transactions during the years presented.
|