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PREPAYMENTS AND DEPOSITS
6 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAYMENTS AND DEPOSITS

NOTE 4 – PREPAYMENTS AND DEPOSITS

 

Prepayments and deposits consisted of the following:

 

   June 30,  December 31,
   2026  2025
Prepayments and deposits  $2,973,454   $5,625,945 
Provision for impairment   —      (1,685,900)
Prepayments and deposits, net  $2,973,454   $3,940,045 

 

For the six months ended June 30, 2026 and 2025, the Company recognized provision of nil for the prepayments and deposits.