v3.26.3
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Taxes [Abstract]  
Schedule of Reconciliation of Differences of Statutory and Effective Tax Expenses

The following tables provide the reconciliation of the differences between the statutory and effective tax expenses following for the six months ended 30 June 2026.

 

   

June 30,
2025

(Unaudited)

   

June 30,
2026

(Unaudited)

   

June 30,
2026

(Unaudited)

 
    MYR     MYR     USD  
Income before income tax     2,469,196       (3,059,493 )     (749,508 )
                         
Tax calculated at the statutory rate of 24%     592,607       (734,278 )     (179,882 )
Tax effect on non-taxable income     (2,693 )     (575,072 )     (140,880 )
Tax effect on non-deductible expenses     —       1,318,787       323,074  
Underprovision of tax in the prior year     —       2,765,139       677,398  
Income tax expense     589,914       2,774,576       679,710  
Schedule of Income Tax Provision Components

The income tax provision consists of the following components:

 

    June 30,
2025 (Unaudited)
    June 30,
2026 (Unaudited)
    June 30,
2026 (Unaudited)
 
    MYR     MYR     USD  
Current income tax expense:                  
Current year     589,914       —       —  
Prior year     —       2,765,139       677,398  
Deferred income tax expense     —       9,437       2,312  
Income tax expense     589,914       2,774,576       679,710