v3.26.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
SCHEDULE OF FOREIGN CURRENCY TRANSLATION

Translation of amounts has been made at the following exchange rates into US$1 for the six months ended June 30, 2025 and 2026:

  

   Six months ended June 30, 
   2025   2026 
Period-end SGD:US$1 exchange rate   1.2750    1.2937 
Average SGD:US$1 exchange rate   1.3198    1.2800 
Period-end AUD:US$1 exchange rate   1.5307    1.4550 
Average AUD:US$1 exchange rate   1.5758    1.4337 
Period-end EUR:US$1 exchange rate   0.8530    0.8766 
Average EUR:US$1 exchange rate   0.9112    0.8569 
Period-end JPY:US$1 exchange rate   144    162 
Average JPY:US$1 exchange rate   147    158 
Period-end KRW:US$1 exchange rate   1,337    1,528 
Average KRW:US$1 exchange rate   1,400    1,460 
Period-end GBP:US$1 exchange rate   0.7289    0.7553 
Average GBP:US$1 exchange rate   0.7651    0.7439 
SCHEDULE OF PLANT AND EQUIPMENT EXPECTED USEFUL LIFE

  

   Expected useful life 
Leasehold improvements   The term of lease 
Leasehold properties   Shorter of the term of lease or the expected useful life 
Buildings   26 – 35 years 
Office equipment   3-15 years 
Furniture and fittings   1-23 years 
Motor vehicles   5-6 years 

SCHEDULE OF SALES TAX RATE

The summary of sales tax rate (including value added tax and goods and service tax) by the governing countries is as follows:-

  

         
   Sales tax rate 
Jurisdiction  2025   1H2026 
France   20%   20%
Australia   10%   10%
South Korea   10%   10%
Japan   10%   10%
United Kingdom   20%   20%
Singapore   9%   9%

SCHEDULE OF DISAGGREGATED ITS REVENUE FROM CONTRACTS WITH CUSTOMERS AND GEOGRAPHICAL REGION

The Company has disaggregated its net revenue from contracts with customers into categories based on business segments, as follows:

  

            
      Six months ended June 30, 
Product sales, by business segments:  Point of recognition  2025   2026 
Export sales  At a point in time  $168,009,212   $186,293,352 
Retail sales  At a point in time   3,382,273    5,313,821 
Leather trading  At a point in time   9,383,318    6,697,933 
Total     $180,774,803   $198,305,106