v3.26.3
Other Payables and Accrued Liabilities - Schedule of Other Payables and Accrued Liabilities (Details) - USD ($)
Jun. 30, 2026
Jun. 30, 2025
Schedule of Other Payables and Accrued Liabilities [Abstract]    
Accrued professional fees [1] $ 904,523 $ 402,759
Accrued payroll 80,330 33,635
Accrued interest 2,743 2,661
Payables to merchant from ZCITY platform [2] 170,420 169,790
Provision for share-based compensation adjustment [3] 2,726,545 2,726,545
Provision for fixed value equity awards [4] 177,079
Others 92,385 109,539
Total other payables and accrued liabilities $ 4,154,025 $ 3,444,929
[1] Accrued professional fees

 

  The balance of accrued professional fees represented amount due to third parties service providers which include mobile application developing, marketing consulting service, IT related professional service, audit fee, tax filing fee, and consulting fee related to capital raising.
[2] Payables to merchants from ZCITY platform The balance of payables to merchants from ZCITY platform represented the amount the Company collected on behalf of merchant from its customer through the Company’s ZCITY platform.
[3] Provision for share-based compensation adjustment The balance of provision for share-based compensation adjustment represented the one – off settlement amount to settle cash compensation requested by V Gallant Sdn. Bhd. pursuant to the Service Agreement dated October 29, 2024, as supplemented on March 28, 2025, to reflect the decline in our share price.
[4] Provision for fixed value equity awards The balance of provision for fixed value equity award represented the cumulative compensation cost recognized for fixed dollar awards that have been earned by employees through service rendered but have not yet been settled in shares as of June 30, 2026 (See Note 16).