NOTE 8 — ACCRUED LIABILTIES AND OTHER PAYABLES
Accrued liabilities and other payables consist
of the following:
| | |
December 31, | |
| | |
2024 | | |
2023 | |
| Accrued expenses | |
$ | 201,455 | | |
$ | 43,633 | |
| Customer deposit | |
| 6,349 | | |
| - | |
| Withholding tax payable | |
| 4,361 | | |
| 7,349 | |
| Independent director fee payable | |
| 20,000 | | |
| - | |
| Compensation payable (Note 1) | |
| 100,802 | | |
| 144,015 | |
| Other payables | |
| 167,762 | | |
| 46,616 | |
| | |
$ | 500,729 | | |
$ | 241,613 | |
| Note 1: | Compensation payable represents a claim relating to an employee of the subsidiary. On April 23, 2023, a settlement agreement was entered into with the employee, with compensation payable over 12 instalments commencing April 2023. |
|