| Schedule of Non-Cancellable Lease Contract |
As
of June 30, 2026 and December 31, 2025, the Group subsisted of the following non-cancellable lease contract.
Schedule
of Non-Cancellable Lease Contract
| Description
of lease |
|
Lease
term |
| Office at Suntec Tower,
Singapore |
|
3 years and 1 month from
June 1, 2026 to June 30, 2029 (including a one-month rent-free period) |
| Office at Shanghai, China |
|
2 years from March 3, 2025
to March 9, 2027 |
| a) |
Amounts recognized in the
unaudited condensed consolidated balance sheets: |
| | |
June 30, 2026 | | |
December 31,
2025 | |
| | |
As of | |
| | |
June 30, 2026 | | |
December 31,
2025 | |
| | |
(Unaudited) | | |
(Audited) | |
| Right-of-use assets | |
$ | 1,048,599 | | |
$ | 79,614 | |
| | |
| | | |
| | |
| Operating lease liabilities | |
| | | |
| | |
| Current | |
$ | 359,353 | | |
$ | 78,281 | |
| Non-current | |
| 689,740 | | |
| 6,321 | |
| Total Operating lease
liabilities | |
$ | 1,049,093 | | |
$ | 84,602 | |
| | |
| | | |
| | |
| Weighted average remaining lease terms (in years) | |
| 2.94 | | |
| 0.81 | |
| b) |
Information related to
operating lease activities during the six months ended June 30, 2026 and 2025 is as follows: |
| | |
2026 | | |
2025 | |
| | |
For the Six Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| ROU assets obtained in exchange for operating lease liabilities | |
$ | 1,023,997 | | |
$ | - | |
| | |
| | | |
| | |
| Amortization of ROU assets | |
| 55,012 | | |
| 48,272 | |
| Accretion of operating lease liabilities | |
| 1,009 | | |
| 2,841 | |
| Total operating lease expenses | |
$ | 56,021 | | |
$ | 51,113 | |
|
| Schedule of Remaining Contractual Maturities |
Schedule
of Remaining Contractual Maturities
| Twelve months ended June 30, | |
| | |
| 2027 | |
$ | 377,778 | |
| 2028 | |
| 352,399 | |
| 2029 | |
| 352,399 | |
| Total future lease payments | |
$ | 1,082,576 | |
| Less: imputed interest | |
| 33,483 | |
| Present value of lease obligations | |
$ | 1,049,093 | |
|