v3.26.1
PREPAYMENTS AND DEPOSITS, NET
12 Months Ended
Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAYMENTS AND DEPOSITS, NET

NOTE 4 – PREPAYMENTS AND DEPOSITS, NET

 

Prepayments and deposits consisted of the following:

 

    December 31, 2024   December 31, 2023
Prepayments and deposits   $ 8,025,110     $ 8,395,290  
Provision for impairment     (1,648,454)        
Prepayments and deposits, net   $ 6,376,656     $ 8,395,290  

 

For the year December 31, 2024, and 2023, the Company recorded provision of $1,663,933 and nil for the prepayments and deposits.