| RELATED PARTY TRANSACTIONS |
| 12. | RELATED PARTY TRANSACTIONS |
The following is a list of related parties which the Group has transactions with: | No. | | Name of Related Parties | | Relationship with the Group | | a | | Soon Huat Lim | | Founder, Chairman of Board of Directors, Chief Executive Officer | | b | | Poh Kiong Tan | | Chief Technology Officer and Director | | c | | Cong Ty Tnhh Trident Digital Tech | | 100% equity interests owned by Poh Kiong Tan | | d | | Trident Aliska Digital Tech Ghana Ltd | | 50% equity interests owned by the Company | Amounts due from a related party | | | As of
June 30, | | | As of
December 31, | | | | | 2026 | | | 2025 | | | Trident Aliska Digital Tech Ghana Ltd (1) | | $ | 586,020 | | | $ | - | | | | | $ | 586,020 | | | $ | - | | Amounts due to related parties Amounts due to related parties consisted of the following for the periods indicated: | | | As of
June 30, | | | As of
December 31, | | | | | 2026 | | | 2025 | | | Cong Ty Tnhh Trident Digital Tech (2) | | $ | 48,434 | | | $ | 46,976 | | | | | $ | 48,434 | | | $ | 46,976 | | Amounts due to related parties, non-current Amounts due to related parties consisted of the following for the periods indicated: | | | As of
June 30, | | | As of
December 31, | | | | | 2026 | | | 2025 | | | Soon Huat Lim (3) | | $ | 9,893,301 | | | $ | 5,927,012 | | | Poh Kiong Tan (4) | | | 124,717 | | | | 125,512 | | | | | $ | 10,018,018 | | | $ | 6,052,524 | | | (1) | Trident Aliska Digital Tech Ghana Ltd was incorporated on December 15, 2025 in Accra, Ghana, which is 50% held by the Company. It is a private limited company engaged in information communication technology, including software and application development, technology development services, and technology-related investment and services. The balance represented a payment made on behalf of this related party of $905,037, less the share of loss from equity method investment of $319,017. | | | | | (2) | The balance represented service payable to this related party, and the maturity date was December 31, 2026. | | (3) | The remaining balance represented loan from this related party for the Group’s daily operation at nil interest rate and a maturity date of December 31, 2027. On June 30, 2026, the Company entered into a share subscription agreement with Mr. Soon Huat Lim, to convert approximately $8.0 million of outstanding indebtedness into 901,408,450 restricted Class B Ordinary Shares at a conversion price of $0.008875 per share. | | (4) | The balance represented loan from this related party for the Group’s daily operation at nil interest, and expense paid on behalf of the Group, with a maturity date of December 31, 2027. | Guarantee On July 20, 2025, Mr. Soon Huat Lim provided guarantee for the loan of the Group from Firmus Tactical Opportunities Fund. The loan facility is up to $1,477,564 (SGD1,900,000) and the Group drew $1,135,925 (SGD1,470,000) under the facility. Related parties transactions | | | For the six months ended
June 30, | | | | | 2026 | | | 2025 | | | Nature: | | | | | | | | Poh Kiong Tan | | | | | | | | Loan from related parties | | $ | - | | | $ | 22,663 | | | Repayment of loan from related party | | | - | | | | 6,043 | | | | | | | | | | | | | Soon Huat Lim | | | | | | | | | | Loan from related party | | $ | 6,583,816 | | | $ | 4,215,265 | | | Repayment of loan from related party | | | 2,521,852 | | | | 4,559 | | | Expenses paid on behalf of the Group | | | 6,211 | | | | - | | | | | | | | | | | | | Cong Ty Tnhh Trident Digital Tech | | | | | | | | | | Research and development services provided to the Company | | $ | 254,416 | | | $ | 200,055 | | | Maintenance services provided to the Company | | | 71,661 | | | | 66,012 | | | | | | | | | | | | | Trident Aliska Digital Tech Ghana Ltd | | | | | | | | | | Payment made on behalf of a related party | | $ | 916,770 | | | $ | - | |
|