Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

FINANCIAL RISK MANAGEMENT (Tables)

v3.25.4
FINANCIAL RISK MANAGEMENT (Tables)
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
SCHEDULE OF CURRENCY EXPOSURES

The Group’s currency exposures to the USD and EUR at the reporting date were as follows:

SCHEDULE OF CURRENCY EXPOSURES

 

    As of December 31,2025  
    USD     SGD     IDR     GBP     ZAR     NZD  
Financial assets                                                
Trade receivables   $ 456,069     $ 254     $ 319,973     $ 372,839     $ (26,148 )   $ -  
Cash and cash equivalents   $ 1,137,666     $ 58,826     $ 124,187     $ 183,572     $ 895,122     $ 23,614  
Total financial assets   $ 1,593,735     $ 59,081     $ 444,160     $ 556,411     $ 868,974     $ 23,614  
                                                 
Financial liabilities                                                
Trade payables   $ 3,533,597     $ 2,357     $ 246,397     $ 256,912     $ 204,556     $ 10,092  
Other payables   $ 7,303,789     $ 236,258     $ 665,238     $ 342,807     $ 1,843,373     $ 182,239  
Total financial liabilities   $ 10,837,386     $ 238,615     $ 911,636     $ 599,719     $ 2,047,930     $ 192,331  
Net financial assets / (liabilities)   $ (9,243,651 )   $ (179,534 )   $ (467,476 )   $ (43,308 )   $ (1,178,955 )   $ (168,717 )

 

    As of December 31,2024  
    USD     SGD     IDR     GBP     ZAR     NZD  
Financial assets                                                
Trade receivables   $ 1,073,085       -       -       431,400       148,753       -  
Cash and cash equivalents   $ 1,474,664     $ 1,758     $ -     $ 110,912     $ 8,929     $ 18,670  
Total financial assets   $ 2,547,749     $ 1,758     $ -     $ 542,312     $ 157,682     $ 18,670  
                                                 
Financial liabilities                                                
Trade payables   $ 3,027,751     $ -     $ -     $ 131,357     $ 116,053     $ 10,334  
Other payables   $ 5,013,737     $ -     $ -     $ 347,664     $ 577,580     $ 129,040  
Total financial liabilities   $ 8,041,488     $ -     $ -     $ 479,021     $ 693,633     $ 139,374  
Net financial assets / (liabilities)   $ (5,493,739 )   $ -     $ -     $ 63,291     $ (535,951 )   $ (120,704 )

SCHEDULE OF FOREIGN CURRENCIES DENOMINATED BALANCES

Profit or loss (after tax)

 

SCHEDULE OF FOREIGN CURRENCIES DENOMINATED BALANCES

    As of December 31,2025  
Currency   Net Exposure (USD)     10% Strengthen     10% Weaken     Sensitivity %  
SGD     1,758     $ 176       (176 )     10 %
IDR     -       -       -       10 %
GBP     63,291       6,329       (6,329 )     10 %
ZAR     (535,951 )     (53,595 )     53,595       10 %)
NZD     (120,704 )     (12,070 )     12,070       10 %
Total Impact     (591,606 )   $ (59,161 )     59,161          

 

    As of December 31,2024  
    Net Exposure (USD)     10% Strengthen     10% Weaken     Sensitivity %  
SGD     (179,534 )   $ (17,953 )     17,953       10 %
IDR     (467,476 )     (46,748 )     46,748       10 %
GBP     (43,308 )     (4,331 )     4,331       10 %
ZAR     (1,178,955 )     (117,896 )     117,896       10 %)
NZD     (168,717 )     (16,872 )     16,872       10 %
Total Impact     (2,037,990 )   $ (203,799 )     203,799          
SCHEDULE OF CONTRACTUAL MATURITY

 

    Carrying amount     Total contractual undiscounted cash flow     Less than 1 year     Over 1 year and less than 5 years  
Due to related parties   $ 16,731,731       16,731,731       7,009,162       9,722,569  
Trade payable     4,253,912       4,253,912       4,253,912       4,253,912  
Accrued expenses and other liabilities     3,564,543       3,564,543       3,564,543       3,564,543  
Loans payable     7,967,276       8,577,774       8,577,774       -  
Operating lease liability     2,300,336       2,300,336       234,169       2,066,167  
Short term debt     25,000       25,000       25,000       -  
Total   $

34,842,798

     $

35,453,296

     $

23,664,560

     $

19,607,191

  

 

2024

 

    Carrying amount     Total contractual undiscounted cash flow     Less than 1 year     Over 1 year and less than 5 years  
Due to related parties   $ 4,002,880       4,002,880       4,001,091       1,789  
Trade payable     3,285,495       3,285,495       3,285,495       3,285,495  
Accrued expenses and other liabilities     2,066,930       2,066,930       2,066,930       2,066,930  
Loans payable     10,263,804       10,263,804       229,815       10,033,989  
Short term debt     40,000       40,000       40,000       -  
Total   $

19,659,109

     $

19,659,109

     $

9,623,331

     $

15,388,203