v3.26.1
Finance Lease Liability
6 Months Ended
Jun. 30, 2026
Finance Lease Liability [Abstract]  
FINANCE LEASE LIABILITY

10. FINANCE LEASE LIABILITY

 

On August 28, 2025, the Company, through its subsidiary, acquired a motor vehicle amounted $58,107 financed by $47,551 hire purchase loan for 36 months at a fixed flat rate of 4.16% per annum with first installment commencing September 1, 2025 and monthly installment amounted approximately $1,369.

 

For the six months ended June 30, 2026, the Company repaid $8,053 in hire purchase loan with an outstanding amount of $36,011 as of June 30, 2026.

 

Maturities of the loan for the remaining years are as follows:

  

Year ending December 31,      
2026   $ 8,022  
2027     16,563  
2028     11,426  
Total   $ 36,011