XML 73 R44.htm IDEA: XBRL DOCUMENT v3.25.1
RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2024
Related Party Transaction [Line Items]  
SCHEDULE OF RELATIONSHIP OF RELATED PARTIES

The relationship of related parties is summarized as follows:

 

Name of Related Party  Relationship to the Company
David Shan  Controlling shareholder of the Company
Miller Creek Holdings LLC  Controlled by David Shan
Vessel Technology Inc.  Controlled by David Shan
SCHEDULE OF DUE FROM RELATED PARTY

 

   December 31, 2024   December 31, 2023 
       
Vessel Technology Inc.  $8,576   $             - 
Mr David Shan [Member]  
Related Party Transaction [Line Items]  
SCHEDULE OF LOAN FROM RELATED PARTY

Loan from a related party consists of the following:

 

   December 31, 2024   December 31, 2023 
         
Loan from David Shan, opening balance  $7,920,141   $10,984,344 
Repayment   (2,373,593)   (5,264,203)
Capital dividend declared   -    2,200,000 
Loan from David Shan, ending balance   5,546,548    7,920,141 
Non-current   -    (7,920,141)
Current  $5,546,548   $-