v3.26.3
Non-Current Financial Assets
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Non-Current Financial Assets [Abstract]    
NON-CURRENT FINANCIAL ASSETS
8. NON-CURRENT FINANCIAL ASSETS

 

 

    June 30,
2026
    December 31,
2025
 
    US$     US$  
             
Equity investments designated at fair value through other comprehensive income            
Unlisted equity investment, at fair value     473,000       544,000  
                 
Total     473,000       544,000  

 

The reconciliation of non-current financial asset movement is as follow:

 

    US$  
       
At December 31, 2025 and January 1, 2026   544,000  
Unrealized changes in fair value     (71,000 )
At June 30, 2026     473,000  
10. NON-CURRENT FINANCIAL ASSET

 

During the year ended December 31, 2024, the Group disposed certain assets in Malaysia to a third party including the brand, its website, domain names, select user data, and certain intellectual property right in exchange for preference shares in the parent company of the buyer. At initial recognition, the Group made an irrevocable election to present subsequent changes in the fair value of the equity instrument in other comprehensive income as the Group is holding this investment for strategic purposes. No dividends were received on this investment during the years ended December 31, 2024 and 2025.

 

    2025     2024  
    US$     US$  
Equity investments designated at fair value through other comprehensive income            
Unlisted equity investment, at fair value     544,000       600,000  
                 
Total     544,000       600,000  

The reconciliation of non-current financial asset movement is as follow:

 

       
    US$  
       
At January 1, 2024,     -  
Addition     600,000  
At December 31, 2024 and January 1, 2025     600,000  
Unrealized changes in fair value     (56,000 )
At December 31, 2025     544,000