CONCENTRATIONS OF RISKS |
12 Months Ended |
|---|---|
Jul. 31, 2026 | |
| Risks and Uncertainties [Abstract] | |
| CONCENTRATIONS OF RISKS | 12. CONCENTRATIONS OF RISKS
(a) Major customers
For the years ended July 31, 2026 and July 31, 2025, the Company did not generate revenue.
(b) Major suppliers
For the years ended July 31, 2026 and July 31, 2025, the Company did not have purchases.
(c) Exchange rate risk
The operation of the Company’s subsidiaries in international markets results in exposure to movements in currency exchange rates. We have experienced foreign currency gains and losses due to the strengthening and weakening of the U.S. dollar. The potential of volatile foreign exchange rate fluctuations in the future could have a significant effect on our results of operations. The Company has not historically used financial instruments to hedge its foreign currency exchange rate risks.
The currencies that create a majority of the Company’s exchange rate exposure are HK$ and TWD. The Company translates all assets and liabilities at the rate of exchange in effect at the balance sheet date and income and expense activity at the approximate rate of exchange at the transaction date.
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