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Income tax (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Income before income tax

The Company’s loss before income tax consists of:

Schedule of Income before income tax 

		2025				2024
		Years ended December 31,
		2025				2024
		US$				US$
Malaysia			1,427,275				1,126,832
Indonesia			(445,886	)			(723,350	)
Hong Kong			(19,336,015	)			(38,651,082	)
Others			-				(859	)
Loss before income tax			(18,354,626	)			(38,248,459	)

Schedule of Income Tax Expenses

Income tax expense consists of:

Schedule of Income Tax Expenses 

		2025				2024
		Years ended December 31,
		2025				2024
		US$				US$
Income tax expense			518,668				534,661
Deferred income tax benefit			(369,734	)			43,642
Total income tax expense			148,934				578,303

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the income tax expense to the amount computed by applying the current statutory tax rate to the income before income tax in the consolidated statements of operations and comprehensive loss is as follows:

Schedule of Effective Income Tax Rate Reconciliation 

		2025				2024
		Years ended December 31,
		2025				2024
		US$				US$
Income before income tax			(18,354,626	)			(38,248,459	)
Tax calculated at Hong Kong profits tax rate			(3,028,513	)			(6,310,993	)
Effect of different tax rates applicable to different jurisdictions			945,404				6,683,940
Income not subject to tax			(350,747	)			(8,328,873	)
Non-deductible expenses			2,177,744				7,273,262
Change in valuation allowance			399,308				1,041,756
Underprovision of current tax in the previous financial year			-				31,902
Tax effect on deductible temporary differences			-				7,946
Others			5,738				179,363
Income tax			148,934				578,303

Schedule of Deferred Tax Assets and Liabilities

The Company’s deferred tax assets and liabilities as of December 31, 2025 and 2024 are attributable to the following:

Schedule of Deferred Tax Assets and Liabilities 

		2025				2024
		December 31,
		2025				2024
		US$				US$
Deferred tax assets
Tax losses carried forward			335,013				8,193,135
Equipment			(95,456	)			(82,885	)
Accrued expenses			330,116				419,001
Others			7,719				82,657
Total deferred tax assets			577,392				8,611,908
Valuation allowance			(345,310	)			(8,269,086	)
Total deferred tax assets			232,082				342,822
Deferred tax liabilities
Fixed assets
Intangible assets			(507,141	)			(876,875	)
Others			(1,425	)			(37	)
Total deferred tax liabilities			(508,566	)			(876,912	)
Net deferred tax liabilities			(276,484	)			(534,090	)

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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-Topic 235
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-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
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