Related Party Transactions and Balances (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Related Party Transactions [Abstract] |
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| Schedule of Relationship with Major Related Parties |
The table below sets forth the major related parties and their relationship with the Company as of June 30, 2026: | Name of Related Parties | | Relationship with the Company | | Chee Hoong Lew (“Mr. Lew”) | | Director and one of the controlling shareholders | | Yew Chean Lim (“Ms. Lim”) | | Director of Win-Fung | | Wai Boon Law (“Ms. Law”) | | Director of Win-Fung | | Chung Kin Loo (“Mr. Loo”) | | Director of GKI | | Flakeshield Sdn Bhd (“Flakeshield”) | | Mr. Lew owns 50% | | Acmos (M) Sdn Bhd (“Acmos”) | | Mr. Lew owns 90% | | Kirby Swim Equip Pty Ltd (“Kirby Australia”) | | Ms. Law ultimately owns 35% | | Kirby Swim Equipment Pte Ltd (“Kirby Singapore”) | | Ms. Law owns 35% | | One Fatboyz Limited (“OFL”) | | Shareholder of the Company | | Snow Bear Capital Limited (“SBCL”) | | Shareholder of the Company | | Carlico International Group Holdings Limited (“Carlico”) * | | An investee of GKI, owns 35% | | * | Carlico became an investee of the Company on May 15, 2025 (Note 9). |
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| Schedule of Related Party Transactions |
During the six months ended June 30, 2026 and 2025, related party transactions consist of the following: | | | For the Six Months Ended
June 30, | | | | | 2026 | | | 2025 | | | Sales to Flakeshield | | $ | 8,805 | | | $ | 10,295 | | | Purchase from Flakeshield | | | - | | | | 3,314 | | | Rental expenses to Mr. Lew | | | 18,094 | | | | 16,456 | | | Repayment to OFL | | | - | | | | 231,190 | | | Repayment to SBCL | | | - | | | | 381,339 | | | Repayment to Kirby Australia | | | - | | | | 2,638 | |
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| Schedule of Accounts Receivable and Other Receivable Due From Related Parties |
As of June 30, 2026 and December 31, 2025, accounts receivable consisted of the following amount due from related parties: | | | As of | | | | | June 30,
2026 | | | December 31,
2025 | | | Flakeshield | | $ | 1,442 | | | $ | 5,282 | | | Kirby Singapore | | | - | | | | 148 | | | Total | | $ | 1,442 | | | $ | 5,430 | | As of June 30, 2026 and December 31, 2025, other receivable consisted of the following amount due from related party: | | | As of | | | | | June 30,
2026 | | | December 31,
2025 | | | Flakeshield | | $ | 362 | | | $ | 364 | |
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| Schedule of Accounts Payable Amount Due to Related |
As of June 30, 2026 and December 31, 2025, due to related parties consists of the following: | | | As of | | | | | June 30,
2026 | | | December 31,
2025 | | | Mr. Lew | | $ | 4,930 | | | $ | 19,295 | | | Ms. Lim | | | (2,020 | ) | | | 740 | | | Ms. Law | | | 19,747 | | | | 27,475 | | | Mr. Loo | | | 18,670 | | | | 18,554 | | | Carlico | | | 4,243,557 | | | | 4,275,561 | | | Total | | $ | 4,284,884 | | | $ | 4,341,625 | | As of June 30, 2026 and December 31, 2025, accounts payable consisted of the following amount due to related parties: | | | As of | | | | | June 30,
2026 | | | December 31,
2025 | | | Flakeshield | | $ | 476 | | | $ | 480 | | | Acmos | | | - | | | | 4,327 | | | Total | | $ | 476 | | | $ | 4,807 | | As of June 30, 2026 and December 31, 2025, other payable consisted of the following amount due to related party: | | | As of | | | | | June 30,
2026 | | | December 31,
2025 | | | Acmos | | $ | 331 | | | $ | 333 | |
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| Schedule of Transactions Amount Due to Related Parties |
The transactions amount due to related parties are as of the following: | | | As of | | | | | June 30,
2026 | | | December 31,
2025 | | | As of January 1, | | $ | 4,341,625 | | | $ | 696,934 | | | Advances | | | 255 | | | | 4,297,627 | | | Repayment | | | (56,996 | ) | | | (652,936 | ) | | | | $ | 4,284,884 | | | $ | 4,341,625 | |
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