9.
LEASES
As
of March 31, 2026, the Company has two finance leases for motor vehicles, and one operating lease agreements for space (No.
5 factory building) in Malaysia.
SCHEDULE
OF OPERATING AND FINANCE LEASE AGREEMENT
| | |
As of March 31, 2026 | | |
As of June 30, 2025 | |
| | |
| | |
| |
| Right-of-use assets-finance leases | |
| 37,195 | | |
| 55,386 | |
| Total right-of-use assets | |
$ | 37,195 | | |
$ | 55,386 | |
| | |
| | | |
| | |
| Finance lease liabilities – current | |
| 15,241 | | |
| 22,553 | |
| Finance lease liabilities – non-current | |
| 15,912 | | |
| 23,930 | |
| Total lease liabilities | |
$ | 31,153 | | |
| 46,483 | |
The
components of lease expense and supplemental cash flow information related to leases for the nine months ended March 31, 2026 and 2026
are as follows:
SCHEDULE
OF SUPPLEMENTAL CASH FLOW AND OTHER INFORMATION RELATED TO LEASES
| Other information for the nine months ended | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
| | |
| |
| Cash paid for amounts included in the measurement of lease obligations | |
| | | |
| | |
| Cash payments for finance lease | |
| 18,934 | | |
| 17,574 | |
| Weighted average remaining lease term (in years) | |
| | | |
| | |
| Finance leases | |
| 2.63 | | |
| 3.27 | |
| Weighted average discount rate | |
| | | |
| | |
| Finance leases | |
| 8.77 | % | |
| 8.77 | % |
The
undiscounted future minimum payments under the Company’s operating and finance lease liabilities and reconciliation to the operating
and finance lease liabilities recognized on the consolidated balance sheet as of March 31, 2026 are as follows:
SCHEDULE
OF UNDISCOUNTED FUTURE MINIMUM PAYMENTS
| | |
Finance lease | |
| | |
| |
| Year ending | |
| | |
| 2027 | |
$ | 16,340 | |
| 2028 | |
| 11,621 | |
| 2029 | |
| 4,842 | |
| Thereafter | |
| - | |
| Total lease payment | |
| 32,803 | |
| Less: Imputed interest | |
| (1,650 | ) |
| Total lease liabilities | |
| 31,153 | |
| Current | |
| (15,241 | ) |
| Long term | |
$ | 15,912 | |
|