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ACQUISITION OF DYNAMIC INDONESIA HOLDINGS LIMITED (Tables) - Seamless Group Inc [Member]
 12 Months Ended
Dec. 31, 2022
SCHEDULE OF PURCHASE PRICE OF ACQUISITION

The allocation of the purchase price as of the date of acquisition is summarized as follows:

      
   US$ 
Net assets acquired (i)   (1,510,899)
Goodwill (Note 3) (ii)   7,771,855 
Non-controlling interests (iii)   (3,931,441)
Total   2,329,515 
      
Total purchase price is comprised of:     
Cash consideration   200,000 
Fair value of previously held equity interests   2,129,515 
Total   2,329,515 
SCHEDULE OF ACQUISITION OF CONSOLIDATED STATEMENTS OF OPERATIONS

The following amounts of the acquiree since the acquisition date are included in the December 2022 consolidated statement of operations. Comparable information for 2021 is not available.

 

      
   2022 
   US$ 
Revenue   10,110,839 
Loss after tax   (498,424)
SCHEDULE OF RELATED PARTY TRANSACTIONS

SCHEDULE OF RELATED PARTY TRANSACTIONS  

           
   Years ended December 31, 
   2022   2021 
   US$   US$ 
Sino Dynamic Solutions Limited          
Purchase of intangible assets   -    3,599,144 
Support and maintenance costs   919,404    926,156 
SCHEDULE OF RELATED PARTY TRANSACTIONS

SCHEDULE OF RELATED PARTY TRANSACTIONS  

           
   December 31, 
   2022   2021 
   US$   US$ 
Amounts due from related parties          
PT Walletku Indompet Indonesia   -    1,280,488 
 Sino Dynamic Solutions Limited   4,382,762    965,843 
Others   100,466    644,955 
Amounts due from related parties   4,483,228    2,891,286 
           
Amounts due to related parties          
Regal Planet Limited   49,079,276    47,545,616 
Sino Dynamic Solutions Limited   1,245,564    -  
Mr. Alexander Kong   114,508    1,669,823 
Ripple Lab Inc.   32,310,978    - 
Others   1,006,991    2,949,956 
Amounts due to related parties   83,757,317    52,165,395