v3.26.3
Plant, property and Equipment, Net
9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Plant, property and Equipment, Net

Note 5 – Plant, property and Equipment, Net

 

As of September 30, 2026 and 2025, Plant, property and equipment consisted of the following:

 

  

As of

September 30, 2026

  

As of

December 31, 2025

 
Computer and office equipment  $246,535   $195,826 
Decoration and renovation   43,400    43,400 
Property plant and equipment gross   289,935    239,226 
Less: accumulated depreciation   (214,578)   (217,284)
Property plant and equipment net  $75,357   $21,942 

 

On October 1, 2025, Nova Malaysia abandoned its entire fixed assets of 819,649 Malaysia Ringgit ($191,466) without cash consideration.

 

During the nine months ended September 30, 2026, the Company acquired computers for SGD 11,527 in equivalent to $9,025 for office use. During nine and three months ended September 30, 2026, Diamond Bar disposed office equipment for $3,087 and $472, respectively.

 

 

Depreciation expense was $7,034 and $44,504 for the nine months ended September 30, 2026 and 2025, respectively; and $2,830 and $15,128 for the three months ended September 30, 2026 and 2025, respectively.