v3.26.3
Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Significant Accounting Policies [Abstract]  
Schedule of Property and Equipment Estimated Useful Lives of Depreciable Assets

Property and equipment are stated at cost less accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of depreciable assets as follows:

 

Category

   Estimated useful lives
Building   46 years
Computers and software   4 years
Furniture and fittings   10 years
Machinery and equipment   10 years
Motor vehicles   5 years
Office equipment   10 years
Leasehold improvements   5 years
Schedule of Deferred Revenue Recognized

The deferred revenue balance is expected to be recognized to income statement as follows:

 

    Deferred
Revenue		  
2026 (remainder)   $ 770,263  
2027     46,782  
2028     2,673  
Total deferred revenue   $ 819,718  
Schedule of Disaggregated Revenues

In accordance with ASC 280-10-50-40, disaggregated revenues by each product and service or each similar products and services type which were recognized based on the nature of performance obligation disclosed above was as follows:

 

    For the Six Months Ended June 30,  
    2026     2025  
    Amount     Percentage
of Total
Revenue		     Amount     Percentage
of Total 
Revenue		  
Product sales   $ 2,586,656       84.65 %   $ 3,065,824       87.20 %
Installation and maintenance service     132,546       4.34 %     142,749       4.06 %
Warranty income     48,979       1.60 %     41,015       1.17 %
Technical service     93,447       3.06 %     77,268       2.20 %
Transport income     181,228       5.93 %     189,034       5.37 %
Food and beverages     12,909       0.42 %     -       -  
Total   $ 3,055,765       100 %   $ 3,515,890       100.00 %
Schedule of Geographical Areas

Revenues classified by geographical areas in which the customers were located as follows:

 

    For the Six Months Ended June 30,  
    2026     2025  
    Amount     Percentage
of Total
Revenue		    

Amount

    

Percentage
of Total

Revenue

  
Malaysia   $ 1,039,085       34.00 %   $ 1,037,165       29.50 %
Singapore     996,895       32.62 %     694,989       19.77 %
Australia     937,317       30.68 %     1,041,840       29.63 %
China     82,468       2.70 %     596,259       16.96 %
Taiwan     -       -       145,637       4.14 %
Total   $ 3,055,765       100.00 %   $ 3,515,890       100.00 %
Schedule of Foreign Exchange The following table outlines the currency exchange rates that were used in preparing the accompanying consolidated financial statements:
   

For the Period/Year Ended

  
   

June 30,

2026		    

December 31,

2025		  
US$ to MYR Period/End Rate     4.0820       4.0560  
US$ to HKD Period/End Rate     7.8420       7.7833  

 

   

For the Six Months Ended

June 30,

  
    2026     2025  
US$ to MYR Average Rate     3.9792       4.3752  
US$ to HKD Average Rate     7.8243       7.7893  
Schedule of Concentration of Risk The customers accounted for more than 10% of the Company’s trade receivables, net balance at June 30, 2026 and December 31, 2025, and more than 10% of the Company’s revenue, net balance for the six months ended June 30, 2026 and 2025 are presented below:

 

    % of Consolidated trade receivables as of     % of Consolidated revenues
for the six months ended,		  
   

June 30,

2026

    December 31, 2025    

June 30,

2026

    

June 30,

2025

  
Customer A     15 %     39 %     *     *  
Customer B     18 %     *       *       *  
Customer C     13 %     *       13 %     *  
Customer D     12 %     *       15 %     *  
Customer E     *       14 %     *       17 %
Customer F     *       *       *       28 %

 

* Less than 10%