RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (Tables)
|
6 Months Ended |
12 Months Ended |
Jun. 30, 2025 |
Dec. 31, 2024 |
| North Water Investment Group Holdings Limited [Member] |
|
|
| Restructuring Cost and Reserve [Line Items] |
|
|
| SCHEDULE OF ROU ASSETS AND OPERATING LEASE LIABILITIES |
|
The Group is a lessee of non-cancellable
operating leases for corporate office in Hong Kong. The Group’s ROU assets and operating lease liabilities recognized in the consolidated
balance sheets consist of the following:
SCHEDULE
OF ROU ASSETS AND OPERATING LEASE LIABILITIES
| | |
As of December 31, | |
| | |
2023 | | |
2024 | |
| | |
HK$ | | |
HK$ | |
| | |
| | |
| |
| Operating lease ROU assets | |
| - | | |
| 3,486,556 | |
| | |
| | | |
| | |
| | |
As of December 31, | |
| | |
| 2023 | | |
| 2024 | |
| | |
| HK$ | | |
| HK$ | |
| Operating lease liabilities | |
| | | |
| | |
| Current portion | |
| - | | |
| 1,896,384 | |
| Non-current portion | |
| - | | |
| 1,584,423 | |
| | |
| - | | |
| 3,480,807 | |
| | |
| | | |
| | |
| | |
As of December 31, | |
| | |
| 2023 | | |
| 2024 | |
| Operating leases: | |
| | | |
| | |
| Weighted average remaining lease term (years) | |
| - | | |
| 2 | |
| Weighted average discount rate | |
| - | | |
| 5.46 | % |
|
| SCHEDULE OF MATURITY OF NON-CANCELLABLE OPERATING LEASE OBLIGATIONS |
|
The maturity analysis of the Group’s
non-cancellable operating lease obligations as of December 31, 2024 is as follows:
SCHEDULE
OF MATURITY OF NON-CANCELLABLE OPERATING LEASE OBLIGATIONS
| | |
Operating leases | |
| | |
HK$ | |
| | |
| |
| Six months ending December 31, 2025 | |
| - | |
| Year ending December 31, 2024 | |
| 2,030,208 | |
| Year ending December 31, 2025 | |
| 1,615,434 | |
| Total undiscounted lease obligations | |
| 3,645,642 | |
| Less: imputed interest | |
| (164,835 | ) |
| Lease liabilities recognized in the consolidated balance sheet | |
| 3,480,807 | |
|
| Mango Financial Group Limited [Member] |
|
|
| Restructuring Cost and Reserve [Line Items] |
|
|
| SCHEDULE OF ROU ASSETS AND OPERATING LEASE LIABILITIES |
The
Group is a lessee of non-cancellable operating leases for corporate office in Hong Kong. The Group’s ROU assets and operating lease
liabilities recognized in the consolidated balance sheets consist of the following:
SCHEDULE OF ROU ASSETS AND OPERATING LEASE LIABILITIES
| | |
As of | |
| | |
December 31, | | |
June 30, | |
| | |
2024 | | |
2025 | |
| | |
HK$ | | |
HK$ | |
| | |
| | | |
| (Unaudited) | |
| | |
| | | |
| | |
| Operating lease ROU assets | |
| 3,486,556 | | |
| 2,570,547 | |
| | |
As of | |
| | |
December 31, | | |
June 30, | |
| | |
2024 | | |
2025 | |
| | |
HK$ | | |
HK$ | |
| | |
| | |
(Unaudited) | |
| Operating lease liabilities | |
| | | |
| | |
| Current portion | |
| 1,896,384 | | |
| 1,948,747 | |
| Non-current portion | |
| 1,584,423 | | |
| 596,780 | |
| | |
| 3,480,807 | | |
| 2,545,527 | |
| | |
As of | |
| | |
December 31, | | |
June 30, | |
| | |
2024 | | |
2025 | |
| | |
HK$ | | |
HK$ | |
| | |
| | |
(Unaudited) | |
| Operating leases: | |
| | | |
| | |
| Weighted average remaining lease term (years) | |
| 2 | | |
| 1.3 | |
| Weighted average discount rate | |
| 5.46 | % | |
| 5.46 | % |
|
|
| SCHEDULE OF MATURITY OF NON-CANCELLABLE OPERATING LEASE OBLIGATIONS |
The
maturity analysis of the Group’s non-cancelable operating lease obligations is as follows:
SCHEDULE OF MATURITY OF NON-CANCELLABLE OPERATING LEASE OBLIGATIONS
| | |
As
of December
31, 2024 | |
| | |
HK$ | |
| | |
| |
| Six months ending December 31, 2025 | |
| | |
| Year ending December 31, 2024 | |
| 2,030,208 | |
| Year ending December 31, 2025 | |
| 1,615,434 | |
| Year ending two | |
| 1,615,434 | |
| Total undiscounted lease obligations | |
| 3,645,642 | |
| Less: imputed interest | |
| (164,835 | ) |
| Lease liabilities recognized in the consolidated balance sheet | |
| 3,480,807 | |
| | |
As
of June
30, 2025 | |
| | |
HK$ | |
| | |
(Unaudited) | |
| | |
| |
| Six months ending December 31, 2025 | |
| 1,015,104 | |
| Year ending December 31, 2026 | |
| 1,615,434 | |
| Year ending one | |
| 1,615,434 | |
| Total undiscounted lease obligations | |
| 2,630,538 | |
| Less: imputed interest | |
| (85,011 | ) |
| Lease liabilities recognized in the consolidated balance sheet | |
| 2,545,527 | |
|
|