v3.26.1
Related Party Balance and Transactions (Tables)
12 Months Ended
Mar. 31, 2026
Related Party Balance and Transactions [Abstract]  
Schedule of Balances of Due to Related Parties

As of March 31, 2026 and 2025, the balances of due to related parties were as follows:

 

          2026     2025  
Due to related parties                  
Mr. Ngo Chiu Lam (a)   (1)     $ 3,546,480     $ 617,944  
KC-CRFG JV (c)   (2)       86,506       184,019  
KC-Glory JV (d)   (2)       317,867       320,278  
KC-Geotech JV (e)   (2)       235,993       237,783  
          $ 4,186,846     $ 1,360,024  
 

(1)

The balance represented the advances from the director. The amount was unsecured, interest-free and repayable on demand.

 

(2) The balances represented amounts due to joint ventures, which are for operation purpose. All amounts were unsecured, interest-free and repayable on demand.
Schedule of Balances of Accounts Receivable, Net from Joint Venture

As of March 31, 2026 and 2025, the balances of accounts receivable, net from joint venture were as follows:

 

    2026     2025  
Accounts receivable, net            
             
KC-Glory JV (d)   $ 1,542,144     $ 1,553,839  
Less : Expected credit losses     (280,326 )     (190,322 )
    $ 1,261,818     $ 1,363,517  
Schedule of Balances of Contract Assets, Net from Joint Ventures

As of March 31, 2026 and 2025, the balances of contract assets, net from joint ventures were as follows:

 

    2026     2025  
Contract assets, net                
KC-CRFG JV (c)   $ 382,999     $ 303,585  
KC-Glory JV (d)     164,692       177,965  
KC-Geotech JV (e)     42,324       42,600  
    $ 590,015     $ 524,150  

As of March 31, 2026 and 2025, the balances of contract liabilities from joint ventures were as follows:

 

    2026     2025  
Contract liabilities            
                 
 KC-CRFG JV (c)   $     $ 359,629  
Schedule of Related Party Transactions are Measured at the Exchange Amount

The Company’s related party transactions are measured at the exchange amount which is the amount of consideration established and agreed to by the related parties.

 

    2026     2025     2024  
Provision of construction services                        
KC-CRFG JV (c)   $ 9,460,005     $ 4,695,289     $ 6,884,950  
KC-Glory JV (d)                 338,800  
KC-Geotech JV (e)           622       2,301,097  
    $ 9,460,005     $ 4,695,911     $ 9,524,847  

 

    2026     2025     2024  
Consultancy fee income                        
KC-CRFG JV (c)   $ 96,380     $ 10     $ 35,736  
KC-Geotech JV (e)           44,399       63,658  
    $ 96,380     $ 44,409     $ 99,394