| Schedule of related party balances |
Other
receivable – related party
Schedule
of related party balances
| Name
of Related Party | |
Relationship | |
Nature | |
As
of June
30, 2026 | | |
As
of December
31, 2025 | |
| | |
| |
| |
| (Unaudited) | | |
| | |
| Alex Lai Kum Weng | |
Director of CKHP | |
Employee advance | |
$ | 8,570 | | |
$ | 8,625 | |
| Other receivable – related party | |
Director of CKHP | |
Employee advance | |
$ | 8,570 | | |
$ | 8,625 | |
Other
payables – related parties
| Name of Related
Party | |
Relationship | |
Nature | |
As
of June
30, 2026 | | |
As
of December
31, 2025 | |
| | |
| |
| |
(Unaudited) | | |
| |
| Kent Ridge Health Pte Ltd | |
Shareholders
of this entity are also the shareholders of the Company | |
Operating expense paid on behalf
of the Company | |
| 395,779 | | |
| 395,779 | |
| Meng Dong (James) Tan | |
Shareholder of the Company | |
Operating expense paid on behalf of the Company | |
| 2,181 | | |
| 2,181 | |
| Chong Yew Yen | |
Director of CKHP (resigned on July 31, 2024)
and shareholder of the Company | |
Operating expense paid on behalf of the Company | |
| 230 | | |
| 230 | |
| 8i Enterprises Pte Ltd (“8iEPL”)
(1) | |
Meng Dong (James) Tan who is the shareholder
of this entity is also a shareholder of the Company | |
Advisory services fee payable | |
| 360,000 | | |
| 315,000 | |
| 8i Digital services Pte Ltd (“8i Digital”) | |
Meng Dong (James) Tan who is a shareholders
of this entity is also a shareholder of the Company | |
Advisory services fee payable | |
| 21,948 | | |
| 21,948 | |
| Vivian Tay | |
Interim Chief Financial Officer of the Company | |
Operating expense paid on behalf of the Company | |
| - | | |
| 2,849 | |
| Alfred Lim | |
Chief Executive Officer,
an executive director and shareholder of the Company | |
Operating expense paid
on behalf of the Company | |
| 97,441 | | |
| 52,114 | |
| Total | |
| |
| |
$ | 877,579 | | |
$ | 790,101 | |
| Other
payables - related parties | |
| |
| |
$ | 877,579 | | |
$ | 790,101 | |
| (1) |
A
balance of $135,000
was converted into the Company’s
ordinary shares in March 2024. See Note 14. On March 16, 2024, the Company entered into a consultancy agreement (the “Consultancy
Agreement”) with 8i Enterprises Pte Ltd (“8iEPL”) for a term of 12 months to engage 8iEPL’s services in connection
with merger and acquisition advisory services, including advisory for acquisition of Fortress Cove and its subsidiaries which is
40%
owned by Meng Dong (James) Tan before the acquisition. As of June 30, 2026 and December 31, 2025, the Company had accrued $360,000
and $315,000
advisory service fee pertaining
to this Consultancy Agreement, respectively. |
|