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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2023 | Dec. 31, 2022
SCHEDULE OF RECONCILIATION OF ORDINARY SHARE SUBJECT TO POSSIBLE REDEMPTION | The amounts of Class A ordinary shares reflected on the balance sheet are reconciled in the following table: SCHEDULE OF RECONCILIATION OF ORDINARY SHARE SUBJECT TO POSSIBLE REDEMPTION
Class A ordinary shares subject to possible redemption at January 1, 2022 |  | $ | 202,998,782 |
Accretion of carrying value to initial redemption value |  |  | 5,934,098 |
Class A ordinary shares subject to possible redemption at December 31, 2022 |  | $ | 208,932,880 |
Accretion of carrying value to initial redemption value |  |  | 2,211,158 |
Redemption of Class A ordinary shares |  | $ | (109,309,854 | )
Class A ordinary shares subject to possible redemption at March 31, 2023 |  | $ | 101,834,184 |
| The amount of Class A ordinary shares reflected on the balance sheet are reconciled in the following table: SCHEDULE OF RECONCILIATION OF ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION
Gross proceeds |  | $ | 199,998,800 |
Less: |  |  |  |
Proceeds allocated to Public Warrants |  |  | (7,482,088 | )
Class A ordinary shares issuance costs |  |  | (9,351,106 | )
Plus: |  |  |  |
Offering costs allocated to public warrants |  |  | 349,831 |
Accretion of carrying value to initial redemption value |  |  | 19,483,345 |
Class A ordinary shares subject to possible redemption at December 31, 2021 |  | $ | 202,998,782 |
Accretion of carrying value to initial redemption value |  |  | 5,934,098 |
Class A ordinary shares subject to possible redemption at December 31, 2022 |  | $ | 208,932,880 |
SCHEDULE OF BASIS AND DILUTED NET LOSS PER ORDINARY SHARES | The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts): SCHEDULE OF BASIS AND DILUTED NET LOSS PER ORDINARY SHARES
|  | For the three months ended March 31 |
|  | 2023 |  |  | 2022 |
|  | Class A |  |  | Class B |  |  | Class A |  |  | Class B |
Basic and diluted net income (loss) per ordinary share |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Allocation of net income (loss) |  | $ | 712,719 |  |  | $ | 285,519 |  |  | $ | (358,119 | ) |  | $ | (104,448 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted weighted average common shares |  |  | 14,560,700 |  |  |  | 5,833,083 |  |  |  | 19,999,880 |  |  |  | 5,833,083 |
Basic and diluted net income (loss) per ordinary share |  | $ | 0.05 |  |  | $ | 0.05 |  |  | $ | (0.02 | ) |  | $ | (0.02 | )
| The following table reflects the calculation of basic and diluted net loss per ordinary share (in dollars, except per share amounts): SCHEDULE OF BASIS AND DILUTED NET LOSS PER ORDINARY SHARES
|  | Class A |  |  | Class B |  |  | Class A |  |  | Class B |
|  | For the year ended December 31, 2022 |  |  | For the period from March 8, 2021 (inception) to December 31, 2021 |
|  | Class A |  |  | Class B |  |  | Class A |  |  | Class B |
Basic and diluted net loss per ordinary share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allocation of net loss |  | $ | (860,883 | ) |  | $ | (251,081 | ) |  | $ | (62,717 | ) |  | $ | (118,978 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted weighted average common shares |  |  | 19,999,880 |  |  |  | 5,833,083 |  |  |  | 2,550,320 |  |  |  | 4,838,142 |
Basic and diluted net loss per ordinary share |  | $ | (0.04 | ) |  | $ | (0.04 | ) |  | $ | (0.02 | ) |  | $ | (0.02 | )
Seamless Group Inc [Member] |  |
SCHEDULE OF DEPRECIATION OF EQUIPMENT AND SOFTWARE STRAIGHT LINE METHOD |  | Depreciation of equipment and software is calculated using the straight-line method with no residual values over their estimated useful lives, as follows: SCHEDULE OF DEPRECIATION OF EQUIPMENT AND SOFTWARE STRAIGHT LINE METHOD
Office equipment | 10%
Furniture and fittings | 10%
Renovation | 10%
Signboard | 10%
Computer peripherals | 33%
Electrical installation | 10%
Mobile phone | 33%
Motor vehicle | 20%
Air conditioners | 10%
Store equipment | 20%

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