| Schedule of consolidated financial statement reflect the activities of entities |
The
accompanying unaudited condensed consolidated financial statements reflect the activities of EUDA and each of the following entities:
Schedule
of consolidated financial statement reflect the activities of entities
| Name |
|
Background |
|
Ownership |
| EUDA
Health Limited (“EHL”) |
|
● |
A
British Virgin Islands company |
|
100%
owned by EUDA |
| |
|
● |
Incorporated
on June 8, 2021 |
|
|
| |
|
● |
A
holding Company |
|
|
| Kent
Ridge Healthcare Singapore Pte. Ltd. (“KRHSG”) (1) (3) |
|
● |
A
Singapore company |
|
100%
owned by EHL |
| |
|
● |
Incorporated
on November 9, 2017 |
|
|
| |
|
● |
Multi-care
specialty group offering range of specialty care services to patients. |
|
|
| EUDA
Private Limited (“EUDA PL”) (1) (5) |
|
●
|
A
Singapore company |
|
100%
owned by EHL |
| |
|
● |
Incorporated
on April 13, 2018 |
|
|
| |
|
● |
A
digital health company that provides a platform to serve the healthcare industry |
|
|
| Zukitek
Vietnam Private Limited Liability Company (“ZKTV PL”) (1) (5) |
|
●
|
A
Vietnam company |
|
100%
owned by EUDA PL |
| |
|
● |
Incorporated
on May 2, 2019 |
|
|
| |
|
● |
A
Research and Development Company |
|
|
| Singapore
Emergency Medical Assistance Private Limited (“SEMA”) (1) (4) |
|
● |
A
Singapore company |
|
100%
owned by EHL |
| |
|
● |
Incorporated March
18, 2019 |
|
|
| EUDA
Doctor Private Limited (“ED PL”) (1) (2) |
|
● |
Incorporated March
18, 2019 |
|
100% owned by EHL |
| |
|
● |
A platform solution
for doctors and physicians to find, connect, and collaborate with trusted peers, specialists, and other professionals |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| Kent
Ridge Hill Private Limited (“KR Hill PL”) (1) (2) |
|
● |
A
Singapore company |
|
100%
owned by EHL |
| |
|
● |
Incorporated
on December 1, 2021 |
|
|
| |
|
● |
A
B2B2C pharmaceutical and OTC drugs e-commerce platform to promote its drug products |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| Kent
Ridge Health Limited (“KRHL”) |
|
●
|
A
British Virgin Islands company |
|
100%
owned by EHL |
| |
|
● |
Incorporated
on June 8, 2021 |
|
|
| |
|
● |
A
holding company |
|
|
| Zukitech
Private Limited (“ZKT PL”) (1) (2) |
|
● |
A
Singapore company |
|
100%
owned by KRHL |
| |
|
● |
Incorporated
on June 13, 2019 |
|
|
| |
|
● |
A
holding company |
|
|
| Super
Gateway Group Limited (“SGGL”) |
|
● |
A
British Virgin Islands company |
|
100%
owned by KRHL |
| |
|
● |
Incorporated
on April 18, 2008 |
|
|
| |
|
● |
A
holding company |
|
|
| Universal
Gateway International Pte. Ltd. (“UGI”) |
|
● |
A
Singapore company |
|
98.3%
owned by SGGL |
| |
|
● |
Incorporated
on September 30, 2000 |
|
|
| |
|
● |
Registered
capital of RMB 5,000,000 |
|
|
| |
|
● |
A
holding company |
|
|
| Melana
International Pte. Ltd. (“Melana”) |
|
●
|
A
Singapore company |
|
100%
owned by UGI |
| |
|
● |
Incorporated
on September 9, 2000 |
|
|
| |
|
● |
Property
management service that services shopping malls, business office building, or residential apartments |
|
|
EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES
NOTES
TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(In
U.S. dollars, unless stated otherwise)
| Tri-Global
Security Pte. Ltd. (“Tri-Global”) |
|
●
|
A
Singapore company |
|
100%
owned by UGI |
| |
|
● |
Incorporated
on August 10, 2000 |
|
|
| |
|
● |
Property
security service that services shopping malls, business office building, or residential apartments |
|
|
| UG
Digitech Private Limited (“UGD”) |
|
●
|
A
Singapore company |
|
100%
owned by UGI |
| |
|
● |
Incorporated
on August 16, 2001 |
|
|
| |
|
● |
A
holding company |
|
|
| Nosweat
Fitness Company Private Limited (“NFC”) (2) |
|
●
|
A
Singapore company |
|
100%
owned by KRHL |
| |
|
● |
Incorporated
on July 6, 2021 |
|
|
| |
|
● |
A
virtual personal training platform for fitness enthusiasts |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| True
Cover Private Limited (“TCPL”) (2) |
|
● |
A
Singapore company |
|
100%
owned by KRHL |
| |
|
● |
Incorporated
on December 1, 2021 |
|
|
| |
|
● |
A
B2B e-claims healthcare insurance platform |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| KR
Digital Pte. Ltd. (“KR Digital”) (1) (2) |
|
● |
A
Singapore company |
|
100%
owned by KRHL |
| |
|
● |
Incorporated
on December 29, 2021 |
|
|
| |
|
● |
Development
of software and applications |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| Zukihealth
Sdn. Bhd. (“Zukihealth”) (1) (2) |
|
● |
A
Malaysian company |
|
100%
owned by KR Digital |
| |
|
● |
Incorporated
on February 15, 2018 |
|
|
| |
|
● |
Distribution
of health care supplement products |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| Euda
Health Pte. Ltd. (“EHPL”) |
|
● |
A
Singapore company |
|
100%
owned by EHHL |
| |
|
● |
Incorporated
on May 26, 2023 |
|
|
| |
|
● |
Management
consultancy services for healthcare organization |
|
|
| Fortress
Cove Limited (“Fortress Cove”) |
|
● |
British
Virgin Islands company |
|
100%
owned by EUDA |
| |
|
● |
Incorporated
on November 2, 2023 |
|
|
| |
|
● |
A
holding company |
|
|
| EUDA
Health Malaysia Sdn Bhd (formerly known as CK Health Plus Sdn Bhd) (“CKHP”) (6) (8) |
|
● |
A
Malaysian company |
|
7%
owned by Fortress Cove, and 93% owned by EHHL |
| |
|
● |
Incorporated
on November 23, 2023 |
|
|
| |
|
● |
Direct
sale of holistic wellness consumer products and services in Malaysia |
|
|
| Weith
Management Limited (“Weith”) (7) |
|
● |
British
Virgin Islands company |
|
100%
owned by EUDA |
| |
|
● |
A
holding company |
|
|
| EUDA
Health HK Limited (“EHHK”) |
|
● |
A
Hong Kong company |
|
100%
owned by EHPL |
| |
|
● |
Incorporated
on 30 March 2026 |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| Guangdong
EUDA Health Management Co., Ltd (“EHChina”) |
|
● |
A
PRC limited liability company |
|
100%
owned by EHHK |
| |
|
● |
Incorporated
on 11 June 2026 |
|
|
| |
|
● |
Operation
has not been commenced |
|
|
| (1) |
These
entities were presented as a discontinued operation in accompanying consolidated financial statements. |
| |
|
| (2) |
On
August 28, 2023, these entities were struck off and dissolved. |
EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES
NOTES
TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(In
U.S. dollars, unless stated otherwise)
| (3) |
On
December 30, 2024, the Company sold 100% equity interest of KRHSG to Merlion Club Limited, an unrelated party, for a consideration
of $1. |
| |
|
| (4) |
On
January 1, 2024, the Company lost control of SEMA while it was undergoing liquidation. Accordingly, the Company deconsolidated SEMA
from its consolidated financial statements effective as of that date. |
| |
|
| (5) |
On
January 1, 2024, the Company lost control of Euda PL, and its subsidiary ZKTV PL, while they were undergoing liquidation. Accordingly,
the Company deconsolidated Euda PL and ZKTV PL from its consolidated financial statements effective as of that date. |
| |
|
| (6) |
On
February 17, 2025, EHHL and Fortress subscribed for equity interests in CKHP. On April 16, 2025, EHHL made an additional equity subscription
in CKHP. As of the date of this report, EHHL and Fortress hold approximately 93% and 7% equity interests in CKHP, respectively. |
| |
|
| (7) |
On
April 30, 2025, the Company acquired 100% equity interest in Weith from Alfred Lim, an executive director and shareholder of the
Company, for nil consideration. As of the date of issuance of these consolidated financial statements, Weith has no substantive operations
other than serving as a holding company. |
| |
|
| (8) |
On
January 8, 2026, CKHP changed its name to EUDA Health Malaysia Sdn. Bhd. |
|