v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT INFORMATION

The changes in the performance results for the six months ended June 30, 2026, and 2025 by reportable segment / business unit are as follows:

 

   2026   2025   $   % 
   For the six months ended
June 30,		   Change 
   2026   2025   $   % 
Revenues from external customers  $505,914   $672,757    (166,843)   (25)%
Revenues from related parties   53,441    33,353    20,088    60%
Cost of revenues   (219,650)   (170,276)   (49,374)   29%
General and administrative expenses   (2,039,480)   (1,668,435)   (371,045)   22%
Loss from operations  $(1,699,775)  $(1,132,601)   (567,174)   50%

 

The changes in equity securities investments without readily determinable fair values (“Equity-Method Investments”), total assets, and capital expenditure for long-lived assets for the periods ended June 30, 2026, and 2025 by reportable segment / business unit are as follows:

 

   2026   2025   $   % 
  

As of and for the six months ended

June 30,

   Change 
   2026   2025   $   % 
Equity-Method Investments  $18,200,000   $12,073    18,187,927    150,650%
                     
Total assets  $21,563,443   $4,796,630    16,766,813    350%
                     
Expenditures for additions to long-lived assets  $-   $-    -    -%

 

 

Digital business

 

The changes in the performance results for the six months ended June 30, 2026, and 2025 by reportable segment / business unit are as follows:

 

   2026   2025   $   % 
   For the six months ended
June 30,		   Change 
   2026   2025   $   % 
Revenues from external customers  $115,923   $44,177    71,746    162%
Revenues from related parties   -    -    -    -%
Cost of revenues   -    (1)   1    (100)%
General and administrative expenses   (92,815)   (220,643)   127,828    (58)%
Income (Loss) from operations  $23,108   $(176,467)   199,575    (113)%

 

The changes in Equity-Method Investments, total assets, and capital expenditure for long-lived assets for the periods ended June 30, 2026, and 2025 by reportable segment / business unit are as follows:

 

   2026   2025   $   % 
   As of and for the six months ended
June 30,		   Change 
   2026   2025   $   % 
Equity-Method Investments  $-   $-    -    -%
                     
Total assets  $716,139   $761,745    (45,606)   (6)%
                     
Expenditures for additions to long-lived assets  $-   $-    -    -%

 

Real estate business

 

The changes in the performance results for the six months ended June 30, 2026, and 2025 by reportable segment / business unit are as follows:

 

   2026   2025   $   % 
   For the six months ended
June 30,		   Change 
   2026   2025   $   % 
Revenues from external customers  $32,275   $29,560    2,715    9%
Revenues from related parties   -    -    -    -%
Cost of revenues   (7,269)   (7,169)   (100)   1%
General and administrative expenses   (7,645)   (3,917)   (3,728)   95%
Income from operations  $17,361   $18,474    (1,113)   (6)%

 

The changes in Equity-Method Investments, total assets, and capital expenditure for long-lived assets for the periods ended June 30, 2026, and 2025 by reportable segment / business unit are as follows:

 

   2026   2025   $   % 
   As of and for the six months ended
June 30,		   Change 
   2026   2025   $   % 
Equity-Method Investments  $-   $-    -    -%
                     
Total assets  $901,997   $996,902    (94,905)   (10)%
                     
Expenditures for additions to long-lived assets  $-   $-    -    -%
SCHEDULE OF REVENUES, EQUITY-METHOD INVESTMENTS, TOTAL ASSETS AND EXPENDITURES FOR LONG-LIVED ASSETS

The distribution of revenues and significant expenses for the six months ended June 30, 2026 by region is as follows:

 

   Hong Kong   Malaysia   China   Total 
   For the six months ended June 30, 2026     
   Hong Kong   Malaysia   China   Total 
                 
Revenues from external customers  $300,873   $273,161   $80,078   $654,112 
Revenues from related parties   40,108    13,333    -    53,441 
Cost of revenues   (106,711)   (73,937)   (46,271)   (226,919)
Advertising and marketing expenses   (38,334)   -    (3,850)   (42,184)
Audit, legal and other professional fees   (181,852)   (4,131)   (2,707)   (188,690)
Consulting fees   (1,915)   (42,019)   -    (43,934)
Depreciation and amortization   (43,902)   (17,752)   (31,873)   (93,527)
Directors’ salaries and compensation   (330,593)   -    -    (330,593)
Staff costs including salaries and allowances, pensions, and other benefits   (238,021)   (95,660)   (311,249)   (644,930)
IT and computer expenses   (7,263)   (6,166)   (1,010)   (14,439)
Other general and administrative expenses   (158,659)   (63,590)   (559,394)   (781,643)
Loss from operations  $(766,269)  $(16,761)  $(876,276)  $(1,659,306)

 

The distribution of Equity-Method Investments and total assets as of June 30, 2026, and expenditures for long-lived assets for the six months ended June 30, 2026, respectively, by region is as follows:

 

   Hong Kong   Malaysia   China   Total 
   As of and for the six months ended June 30, 2026     
   Hong Kong   Malaysia   China   Total 
                 
Equity-Method Investments  $18,200,000   $-   $-   $18,200,000 
                     
Total assets  $20,498,273   $1,259,262   $1,424,044   $23,181,579 
                     
Expenditures for additions to long-lived assets  $-   $-   $-   $- 

 

 

The distribution of revenues and significant expenses for the six months ended June 30, 2025 by region is as follows:

 

   Hong Kong   Malaysia   China   Total 
   For the six months ended June 30, 2025     
   Hong Kong   Malaysia   China   Total 
                 
Revenues from external customers  $473,423   $141,963   $131,108   $746,494 
Revenues from related parties   11,960    21,393    -    33,353 
Cost of revenues   (69,951)   (55,967)   (51,528)   (177,446)
Advertising and marketing expenses   (56,726)   -    (9,858)   (66,584)
Audit, legal and other professional fees   (178,494)   (4,540)   (9,054)   (192,088)
Consulting fees   (42,488)   (58,577)   -    (101,065)
Depreciation and amortization   (51,022)   (17,410)   (51,006)   (119,438)
Directors’ salaries and compensation   (333,815)   -    -    (333,815)
Staff costs including salaries and allowances, pensions, and other benefits   (438,859)   (141,314)   (184,275)   (764,448)
IT and computer expenses   (4,725)   (101,740)   (1,562)   (108,027)
Other general and administrative expenses   (127,247)   (60,715)   (19,568)   (207,530)
Loss from operations  $(817,944)  $(276,907)  $(195,743)  $(1,290,594)

 

The distribution of Equity-Method Investments and total assets as of June 30, 2025, and expenditures for long-lived assets for the six months ended June 30, 2025, respectively, by region is as follows:

 

   Hong Kong   Malaysia   China   Total 
   As of and for the six months ended June 30, 2025     
   Hong Kong   Malaysia   China   Total 
                 
Equity-Method Investments  $12,073   $-   $-   $12,073 
                     
Total assets  $2,935,777   $1,413,919   $2,205,581   $6,555,277 
                     
Expenditures for additions to long-lived assets  $-   $-   $-   $-