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Share capital | 12 Months Ended
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Dec. 31, 2024
Share Capital |
Share capital | 4. Share capital Details of share capital as of December 31, 2024 and 2023 are as follows:
Schedule of share capital |  |  |  |  |  |  |  |
|  | December 31, 2024 |  |  | December 31, 2023 |
Number of authorized shares |  |  | 5,000,000 |  |  |  | 5,000,000 |
Value per share |  | $ | 0.01 |  |  | $ | 0.01 |
Number of shares issued |  |  | 5,000,000 |  |  |  | 5,000,000 |
Common shares |  | $ | 50,000 |  |  | $ | 50,000 |
During June 2023, the Group entered into an agreement to issue 5,000,000 shares of common shares for gross proceeds of $50,000. Each ordinary share maintains one voting right. The entire amount of this equity is held by Global Star and recorded as a receivable under the caption Other receivables - related parties in the Group’s Consolidated Statements of Financial Position.

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