v3.25.2
Loans from Third Parties
9 Months Ended
Jun. 30, 2025
Loans from Third Parties [Abstract]  
Loans from Third Parties

Note 7 – Loans from Third Parties

 

The Company obtained loans of $522,255 (RM 2,200,000) from external parties Mr. Goh Meng Keong and Mr. Goh Seng Wei, to fund the acquisition of Graphene Patent, and in return they charged the Company with interest, in accordance with arm’s length transaction principle. For the three months ended June 30, 2025 and 2024, there were interest expenses of $6,361 and $5,780, respectively. For the nine months ended June 30, 2025 and 2024, there were interest expenses of $18,766 and $17,424, respectively. The principal amount, maturity date and interest rate for the loans are shown below:

 

   June 30,
2025
   September 30,
 
  

(unaudited) 

   2024 
Total interest payable  $84,998   $66,905 
Total debt and interest payable  $607,253   $600,626 

  

Lender  Principle   Interest
Rate
   Lending Date  Due Date
Goh Meng Keong  $474,777    5% p.a   March 22, 2022  September 30, 2025
Goh Seng Wei  $47,478    5% p.a   May 26, 2022  Due on demand