v3.26.1
SCHEDULE OF RECONCILES STATUTORY RATES TO EFFECTIVE TAX RATE (Details)
12 Months Ended
Apr. 01, 2018
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]        
Hong Kong statutory income tax rate 16.50% 16.50% 16.50% 16.50%
Effect of non-deductible expenses [1]   (10.70%) (16.50%) (76.50%)
Effect of tax rates in foreign jurisdiction   (3.80%) (4.20%) (23.30%)
Effect of changes in valuation allowance   (8.20%) (10.30%) (3.90%)
Effect of permanent difference [2]   6.20% 14.50% 87.20%
Effective tax rate  
[1] Non-deductible items mainly arise from expenses not deductible for tax purposes primarily including operating expenses from Hong Kong companies which do not generate any assessable profits during the year.
[2] Mainly represents non-taxable interest. In 2023, this also represents the combination of other non-taxable income and deferred true-ups due to non-deductible expenses. In 2024, this also includes the gain on sale of investments.