| Schedule of Transaction Under Common Control Entities |
The writes-off amounts are recognized in other reserve. | Name of subsidiaries | | Date of
incorporation | | Principal
activities | | Relationship with
the Group | | Concorde International Group Pte Ltd | | June 12, 2023 | | Holding company | | 100% own subsidiary | | Concorde i-FAST USA Inc. | | April 25, 2024 | | Security solution services | | 100% own subsidiary | | Concorde Security Pte Ltd | | June 16, 2005 | | Security solution services | | 96.81% own subsidiary | | Concorde Security Sdn Bhd | | January 13, 2015 | | Security solution services | | 100% own subsidiary | | Concorde Security Limited | | December 23, 2016 | | Security solution services | | 100% own subsidiary | | Concorde Asia Pte Ltd | | October 08, 2013 | | Security solution services | | 70% own subsidiary (directly or indirectly) | | Berjaya Academy Pte Ltd | | March 06, 2020 | | Consultancy and training course services | | 70% own subsidiary (directly or indirectly) |
|
| Schedule of Residual Values Over their Useful Lives |
Depreciation is recognized so as to write
off the cost less their residual values over their useful lives, using the straight-line method, on the following bases:
| |
|
Estimated
useful life |
| Furniture and Fittings |
|
3 years |
| Office equipment |
|
3 years |
| Building |
|
50 years |
| Motor Vehicle |
|
5 years |
| Security Equipment |
|
3 – 7 years |
| Renovation |
|
3 – 7 years |
|
| Schedule of Reportable Segment |
Information about reportable segment
| | |
Security Services | | |
Training school | | |
Unallocated | | |
Total | |
| | |
USD | | |
USD | | |
USD | | |
USD | |
| 2025 | |
| | |
| | |
| | |
| |
| Segment Revenue | |
| 12,287,301 | | |
| 188,142 | | |
| - | | |
| 12,475,443 | |
| Segment Profit / (Loss) | |
| 174,125 | | |
| (50,994 | ) | |
| (15,325,515 | ) | |
| (15,202,384 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| 2024 | |
| | | |
| | | |
| | | |
| | |
| Segment Revenue | |
| 10,434,043 | | |
| 56,625 | | |
| - | | |
| 10,490,668 | |
| Segment Loss | |
| (296,079 | ) | |
| (171,682 | ) | |
| (83,155,336 | ) | |
| (83,623,097 | ) |
| | |
USD | | |
USD | | |
USD | | |
USD | |
| 2025 | |
| | |
| | |
| | |
| |
| Assets | |
| 10,728,560 | | |
| 69,594 | | |
| 469,754 | | |
| 11,267,908 | |
| Liabilities | |
| (7,065,168 | ) | |
| (24,875 | ) | |
| (478,311 | ) | |
| (7,568,354 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| 2024 | |
| | | |
| | | |
| | | |
| | |
| Assets | |
| 9,803,387 | | |
| 20,710 | | |
| 449,110 | | |
| 10,273,207 | |
| Liabilities | |
| (6,868,823 | ) | |
| (29,859 | ) | |
| (1,114,328 | ) | |
| (8,013,010 | ) |
|