2.
PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET
Prepayments
and other current assets consisted of the following as of March 31, 2026 and June 30, 2025:
SCHEDULE
OF PREPAYMENTS AND OTHER CURRENT ASSETS
| | |
As of March 31, 2026 | | |
As of June 30, 2025 | |
| | |
| | |
| |
| Prepaid expenses | |
$ | 48,675 | | |
$ | 30,991 | |
| Deposit on factory equipment purchase | |
| 6,777 | | |
| 6,989 | |
| Other deposits | |
| 22,055 | | |
| 21,027 | |
| Malaysia Government tax refund | |
| 118 | | |
| 112 | |
| Staff borrowing | |
| - | | |
| 1,054 | |
| Purchase deposit | |
| - | | |
| 5,912 | |
| Third party short-term borrowing | |
| 66,976 | | |
| - | |
| Prepayments and other current assets | |
| 144,601 | | |
| 66,085 | |
| Allowance for Other receivables | |
| - | | |
| (5,912 | ) |
| Net value of prepaid expenses and other current assets | |
$ | 144,601 | | |
$ | 60,173 | |
|