v3.26.1
PREPAYMENTS AND DEPOSITS, NET
12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAYMENTS AND DEPOSITS, NET

NOTE 5 – PREPAYMENTS AND DEPOSITS, NET

 

Prepayments and deposits consist of the following:

 

   December 31,
2025
  December 31,
2024
Prepayments and deposits  $5,625,945   $8,025,110 
Provision for impairment   (1,685,900   (1,648,454)
Prepayments and deposits, net  $3,940,045   $6,376,656 

 

For the year December 31, 2025 and 2024, the Company recognized provision of nil and $1,663,933 for the prepayments and deposits.