v3.26.3
Related Party Balances and Transactions (Tables)
 6 Months Ended
Jun. 30, 2026
Related Party Balances and Transactions [Abstract]  
Schedule of Amount Due from and Due to Related Parties

The summary of amount due from and due to related parties as the following:

 

    Relationship   June 30,
2026		     June 30,
2025		  
Due from shareholders consist of the following:                    
Mr. Siu Wing Fung, Alfred (“Mr. Siu”)   Shareholders and directors   $ --     $ 171,023  
Harcourt Limited   A related party (note 1)   $ 125,002       211,664  
                     
Due to a related party consist of the following:                    
Mr. Siu Wing Fung, Alfred (“Mr. Siu”)   Shareholders and directors     (189,483 )     --  

 

Note:

 

(1) The directors and shareholders of Harcourt Limited are Mr. Siu and Ms. Fong, Harcourt Limited therefore has the common ultimate beneficial owners with the Company.
Schedule of Balance Due from Shareholders

The net balance due from (to) shareholders consist of the following:

 

    June 30,
2026		    

June 30,

2025

  
Due from/ (to)shareholders/ related party   $ (64,481 )   $ 382,687  
Less: allowance for expected credit loss     —       —  
    $ (64,481 )   $ 382,687  
Schedule of Movement of Allowances for Expected Credit Loss

The movement of allowances for expected credit loss is as follow:

 

      June 30,
2026		       June 30,
2025		  
Balance at beginning of the year   $ —     $ —  
Reversal of Provision / (Provision)     —       —  
Ending balance   $ —     $ —  
Schedule of Consolidated Financial Statements

In addition to the transactions and balances detailed elsewhere in these consolidated financial statements, the Company had the following transactions with related parties:

 

    June 30,
2026		     June 30,
 2025		  
Directors’ remuneration to Mr. Siu Wing Fung, Alfred   $ 150,000     $ 120,000  
Directors’ remuneration to Ms. Fong Hei Yue, Tina     150,000       120,000  
Directors’ Share Incentive Plan to Mr. Siu Wing Fung, Alfred     105,680       —  
Directors’ Share Incentive Plan to Ms. Fong Hei Yue, Tina     105,680       —  
Director’s bonus of Mr. Siu Wing Fung, Alfred     —       750,000  
Director’s welfare, accommodation and insurance to Mr. Siu Wing Fung, Alfred     29,846       —  
Advisory services on fund raising project to Mr Siu, Daniel     32,308       —  
Marketing/Administrative service fee to Harcourt Limited     230,769       —