| Related Party Transactions |
14.
Related Party Transactions
Schedule of Related Party Transactions
| | |
For
the years ended March 31, | |
| | |
2026 | | |
2025 | | |
2024 | |
| | |
USD | | |
USD | | |
USD | |
| Dividend declared and offsetting
against due from | |
| | | |
| | | |
| | |
| Mr. Chi Ming
Lam (1) | |
| - | | |
| 1,108,692 | | |
| 1,711,225 | |
| Total | |
| - | | |
| 1,108,692 | | |
| 1,711,225 | |
| | |
| | | |
| | | |
| | |
| Advances from (Repayment to) related parties | |
| | | |
| | | |
| | |
| Mr. Chi Ming Lam (1 and 2) | |
| 1,230,990 | | |
| - | | |
| 1,058,733 | |
| Mr. Chi Ming Lam (1 and
2) | |
| - | | |
| (1,108,692 | ) | |
| (2,730,449 | ) |
| Total | |
| 1,230,990 | | |
| (1,108,692 | ) | |
| (1,671,716 | ) |
| (1) |
Mr.
Chi Ming Lam was the Chief Executive Officer, director and Chairman of the Company until June 2, 2025. Effective June 2, 2025, Mr.
Lam resigned from his position and is currently a director of the Company. |
| (2) |
Represents
the total advances from (payments to) Mr. Lam for the years ended March 31, 2026, 2025, and 2024 which were non-trade in nature,
unsecured, interest-free and had no fixed term of repayment. As of March 31, 2026 and 2025, the amount due from Mr. Lam to the Company
was nil. |
|