v3.26.1
Related party transactions (Tables)
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Schedule of prepayments - related party

Name of Related Party  Relationship  Nature 

As of

December 31, 2025

  

As of

December 31, 2024

 
         US$   US$ 
VD Capital Pty. Ltd.  KNOREX Ltd’s shareholder >5% and <10% of shareholding  Prepayments of consulting services for corporate development, capital management and fundraising  $2,777,500   $           - 
Total        $2,777,500   $- 
Schedule of short-term loans - related parties

 

Name of Related Party  Relationship  Term  Nature 

As of

December 31, 2025

  

As of

December 31, 2024

 
            US$   US$ 
Truong Vinh Phu Le  Vice President of Operations of the Company  30% interest per annum,
maturity date extended from
1/18/2025 to 9/9/2025		  Working capital loan  $-   $104,221 
Truong Vinh Phu Le  Vice President of Operations of the Company  30% interest per annum, maturity date extended from 2/7/2025 to 9/9/2025  Working capital loan   -    22,596 
Kheng Ee Lennon Teng  Group General Manager of the Company  15%(1) interest per annum, maturity date extended from 9/9/2025 to 10/9/2026  Working capital loan   14,866    - 
Kheng Ee Lennon Teng  Group General Manager of the Company  15%(2) interest per annum, maturity date extended from 9/9/2025 to 10/9/2026  Working capital loan   37,386    37,386 
Kheng Ee Lennon Teng  Group General Manager of the Company  Non-interest bearing and due on demand  Working capital loan   -    27,238 
Wilson Chandra  Director and President  Non-interest bearing and due on demand  Working capital loan   1,036    80,000 
Franklin Capital Enterprise Ltd.  KNOREX Ltd’s shareholder >10% of shareholding  15% interest per annum, maturity date is 10/9/2026  Working capital loan   200,000    - 
Exchange rate difference            2,332    - 
Total           $255,620   $271,441 
Schedule of other payables - related parties

 

Name of Related Party  Relationship  Nature 

As of

December 31, 2025

  

As of

December 31, 2024

 
         US$   US$ 
Kheng Ee Lennon Teng  Group General Manager of the Company  Employee reimbursement  $12,192   $2,642 
Le Truong Vinh Phu  Vice President of Operations of the Company  Employee reimbursement   23,842    10,668 
Kheng Ee Lennon Teng  Group General Manager of the Company  Interest Accrual – Related Parties   22,530    4,772 
Wilson Chandra  Director and President  Interest Accrual – Related Parties   363    2,029 
Abhishek Kumar  Vice President of Product and Engineering  Employee reimbursement   2,886    - 
Franklin Capital Enterprise Ltd  KNOREX Ltd’s shareholder >10% of shareholding  Interest Accrual – Related Parties   70,822    - 
Khar Heng Choo  Chairman and Chief Executive Officer  Employee reimbursement   5,261    - 
Total        $137,896   $20,111 
Schedule of general and administrative expenses

Name of Related Party  Relationship  Nature 

As of

December 31, 2025

  

As of

December 31, 2024

 
         US$   US$ 
VD Capital Pty. Ltd.  KNOREX Ltd’s shareholder >5% and <10% of shareholding  Consulting services for corporate development, capital management and fundraising  $872,500   $- 
Total        $872,500   $- 

 

On October 3, 2025, the Company entered into a service agreement (the “Service Agreement”) with VD Capital Pty. Ltd., a related party holding an 8.85% ownership interest in the Company’s Class A Ordinary Shares. Pursuant to the Service Agreement, VD Capital Pty. Ltd. provides post-listing consulting and advisory services across three key areas for a total fee of US$3,650,000: (1) capital management and fundraising (12-month term; US$1,250,000); (2) corporate development (15-month term; US$800,000); and (3) management and business consulting (12-month term; US$1,600,000).

 

As of December 31, 2025, the remaining balance of US$2,777,500 was recorded as an unamortized related party prepayment for services to be rendered over the remainder of the respective 9 to 12 month period ending between September 30, 2026 and December 31, 2026 (see Related party balances section above).