RELATED PARTY TRANSACTIONS |
9 Months Ended |
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Jul. 31, 2025 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 2 - RELATED PARTY TRANSACTIONS
Mr. Yip Hoi Hing Peter, our Chief Executive Officer, Chief Financial Officer, and Director, and his spouse control 68.23% of the Company’s restricted Common Stock, including 38.86% collectively owned by two companies owned by Mr. Yip, CS Global Consultancy Limited (“CS Global”) and CSG Group Holdings Limited.
As of October 31, 2024, the balance due to Mr. Yip for advances to the Company for supporting its operations was $94,556. During the nine months ended July 31, 2025, Mr. Yip further advanced $50,057 to the Company, and as of July 31, 2025, the balance due to Mr. Yip was $144,613. The advances are due on demand, are unsecured and are non-interest bearing.
Greenpro Capital Corp., through its wholly owned subsidiaries (collectively “Greenpro”), is currently a 5.83% shareholder of the Company. In addition, three executives of Greenpro are currently 10.36% shareholders of the Company.
For the three and nine months ended July 31, 2025, the Company incurred accounting fees to Greenpro of $5,734 and $17,315, respectively, while the Company incurred service fees to Greenpro of $9,553 including accounting fees of $5,757 and company secretarial fees of $3,796 and $24,062 including accounting fees of $20,266 and company secretarial fees of $3,796 for the three and nine months ended July 31, 2024, respectively.
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