v3.26.1
Related Party Transaction and Balance
 6 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Related Party Transaction and Balance

15. Related Party Transaction and Balance

 

a. Nature of relationships with related parties

 

Name   Relationship with the Company
Ng Wai Ian   A controlling party of the Company
Sou Weng Seng   A controlling party of the Company
Chan Kong Pan   The Chief Strategy Officer of the Company
Ieong Fong Hang   The Chief Financial Officer of the Company
Ione Group Company Limited   A shareholder of the Company
Zhuhai Guanghong Daoyuan Technology Partnership (Limited Partnership)   Under significant influence of Ng Wai Ian, a controlling party of the Company
ZentoAI Company Limited   Controlled by Ng Wai Ian, a controlling party of the Company

 

b. Transactions with related parties

        

For the Six Months Ended

March 31,

 
Name     Nature  2026   2025   2024 
Ione Group Company Limited  (1)  Administrative services fees  $-   $33,708   $33,528 
                      
Zhuhai Guanghong Daoyuan Technology Partnership (Limited Partnership)  (2)  Interest expenses  $2,435   $-   $- 
                      
Ng Wai Ian  (3)  Compensation and benefits  $40,584   $23,970   $23,842 
Sou Weng Seng  (3)  Compensation and benefits   40,584    23,595    23,470 
Chan Kong Pan  (3)  Compensation and benefits   22,227    20,974    20,862 
Ieong Fong Hang  (3)  Compensation and benefits   45,454    23,820    23,693 
         $148,849   $92,359   $91,867 

 

(1) The amounts for the six months ended March 31, 2025 and 2024 represented fees from administrative services rendered.
(2) The amounts for the six months ended March 31, 2026 represented interest expense for the amounts due to a related party.
(3) The amounts for the six months ended March 31, 2026, 2025 and 2024 represented salaries paid.

 

c. Balance with related parties, gross

 

         As of 
Name     Nature 

March 31, 2026

   September 30, 2025 
Zhuhai Guanghong Daoyuan Technology Partnership (Limited Partnership)  (1)  Amounts due to related parties  $140,375   $133,871 
Ieong Fong Hang  (2)  Amounts due to related parties   -    3,974 
         $140,375   $137,845 
                 
ZentoAI Company Limited  (3)  Deposits  $1,020,850   $706,694 

 

(1) The balances as of March 31, 2026 and September 30, 2025 represented advances from the related party for operational purposes and related accrued interest. The balances were unsecured, interest bearing at 3.5% p.a., and repayable before August 11, 2026. Related interest expense was $2,435, nil and nil for the six months ended March 31, 2026, 2025 and 2024, respectively.
(2) The balances as of September 30, 2025 represented amounts payable to a related party in respect of expenses paid on behalf of the Company.
(3) The balances as of March 31, 2026 and September 30, 2025 represented good faith deposit paid to a related party for the acquisition of a target company.

 

 

Zenta Group Company Limited

 

Notes to Unaudited Condensed Consolidated Financial Statements

 

For the Six Months Ended March 31, 2026, 2025 and 2024