v3.26.3
INCOME TAX (Tables)
12 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
SCHEDULE OF LOCAL AND FOREIGN COMPONENTS OF LOSS BEFORE INCOME TAXES

For the years ended June 30, 2026, and 2025, the local (“U.S. of America”) and foreign components of loss before income taxes were comprised of the following:

 

       
   Years ended June 30, 
   2026   2025 
Tax jurisdiction from:          
Local (U.S. regime)  $(3,195,379)  $(4,845,138)
Foreign, including          
British Virgin Island   121,074    472,865 
Malaysia   (319,809)   (398,431)
Singapore   (8,516)   - 
Labuan, Malaysia   20,603    (12,309)
           
Loss before income taxes  $(3,382,027)  $(4,783,013)
SCHEDULE OF PROVISION FOR INCOME TAXES

The provision for income taxes consisted of the following:

       
   Years ended June 30, 
   2026   2025 
           
Current tax:  $-   $- 
Local   -    - 
Foreign   -    - 
           
Deferred tax          
Local   -    - 
Foreign   -    - 
           
Income tax expense (benefit)  $-   $- 
SCHEDULE OF INCOME TAX RATE AND TAX PROVISION

A reconciliation of the income tax expense, net, computed using the applicable statutory income tax rates in the jurisdictions in which the Company operates to the Company’s actual income tax expense is as follows:

 

      %      % 
   Years Ended 
   June 30, 2026   June 30, 2025 
   USD   %   USD   % 
Loss before income tax expense  $3,382,027        $4,783,013      
Statutory income tax rate   21%        21%     
Income tax expense at statutory rate   (710,226)   21.0%   (1,004,433)   21.0%
Foreign tax rate differential (1)                    
Malaysia   (9,594)   0.3%   (11,953)   0.2%
Singapore   341    0%   -    0%
Increases (decreases) due to:                    
Non-deductible expenses   182,474    (5.4)%   82,412    (1.7)%
Non-taxable income   (29,752)   0.9%   (2,585)   0.1%
Temporary differences   (103,774)   3.1%   131,585    (2.8)%
Change in valuation allowance   670,531    (19.9)%   804,974    (16.8)%
Income tax expense  $-    -%  $-    -%

 

  (1) Represents the impact of varying tax jurisdictions, primarily the rate differentials between the Malaysia statutory rate (subject to 24%) and Singapore statutory rate (subject to 17%).
SCHEDULE OF DEFERRED TAX ASSETS

The following table sets forth the significant components of the deferred tax assets of the Company:

 

       
   As of June 30, 
   2026   2025 
Deferred tax liability:          
Share based compensation  $

(49,185

)  $

(152,959

)
           
Deferred tax assets:          
Net operating loss carry forwards, from          
US tax regime  $2,553,462   $1,996,240 
Malaysia tax regime   258,276    249,972 
Singapore tax regime   1,231    - 
Less: valuation allowance   (2,763,784)   (2,093,253)
Deferred tax assets, net  $-   $-