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FINANCIAL RISK MANAGEMENT (Tables)
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
SCHEDULE OF CURRENCY EXPOSURES

The Group’s currency exposures to the USD and EUR at the reporting date were as follows:

SCHEDULE OF CURRENCY EXPOSURES

 

   As of December 31,2025 
   USD   SGD   IDR   GBP   ZAR   NZD 
Financial assets                              
Trade receivables  $456,069   $254   $319,973   $372,839   $(26,148)  $- 
Cash and cash equivalents  $1,137,666   $58,826   $124,187   $183,572   $895,122   $23,614 
Total financial assets  $1,593,735   $59,081   $444,160   $556,411   $868,974   $23,614 
                               
Financial liabilities                              
Trade payables  $3,533,597   $2,357   $246,397   $256,912   $204,556   $10,092 
Other payables  $7,303,789   $236,258   $665,238   $342,807   $1,843,373   $182,239 
Total financial liabilities  $10,837,386   $238,615   $911,636   $599,719   $2,047,930   $192,331 
Net financial assets / (liabilities)  $(9,243,651)  $(179,534)  $(467,476)  $(43,308)  $(1,178,955)  $(168,717)

 

   As of December 31,2024 
   USD   SGD   IDR   GBP   ZAR   NZD 
Financial assets                              
Trade receivables  $1,073,085    -    -    431,400    148,753    - 
Cash and cash equivalents  $1,474,664   $1,758   $-   $110,912   $8,929   $18,670 
Total financial assets  $2,547,749   $1,758   $-   $542,312   $157,682   $18,670 
                               
Financial liabilities                              
Trade payables  $3,027,751   $-   $-   $131,357   $116,053   $10,334 
Other payables  $5,013,737   $-   $-   $347,664   $577,580   $129,040 
Total financial liabilities  $8,041,488   $-   $-   $479,021   $693,633   $139,374 
Net financial assets / (liabilities)  $(5,493,739)  $-   $-   $63,291   $(535,951)  $(120,704)
SCHEDULE OF FOREIGN CURRENCIES DENOMINATED BALANCES

Profit or loss (after tax)

 

SCHEDULE OF FOREIGN CURRENCIES DENOMINATED BALANCES

   As of December 31,2025 
Currency  Net Exposure (USD)   10% Strengthen   10% Weaken   Sensitivity % 
SGD   1,758   $176    (176)   10%
IDR   -    -    -    10%
GBP   63,291    6,329    (6,329)   10%
ZAR   (535,951)   (53,595)   53,595    10%)
NZD   (120,704)   (12,070)   12,070    10%
Total Impact   (591,606)  $(59,161)   59,161      

 

   As of December 31,2024 
   Net Exposure (USD)   10% Strengthen   10% Weaken   Sensitivity % 
SGD   (179,534)  $(17,953)   17,953    10%
IDR   (467,476)   (46,748)   46,748    10%
GBP   (43,308)   (4,331)   4,331    10%
ZAR   (1,178,955)   (117,896)   117,896    10%)
NZD   (168,717)   (16,872)   16,872    10%
Total Impact   (2,037,990)  $(203,799)   203,799      
SCHEDULE OF CONTRACTUAL MATURITY

 

   Carrying amount   Total contractual undiscounted cash flow   Less than 1 year   Over 1 year and less than 5 years 
Due to related parties  $16,731,731    16,731,731    7,009,162    9,722,569 
Trade payable     4,253,912       4,253,912       4,253,912       4,253,912  
Accrued expenses and other liabilities     3,564,543       3,564,543       3,564,543       3,564,543  
Loans payable   7,967,276    8,577,774    8,577,774    - 
Operating lease liability     2,300,336       2,300,336       234,169       2,066,167  
Short term debt   25,000    25,000    25,000    - 
Total  $

34,842,798

   $

35,453,296

   $

23,664,560

   $

19,607,191

 

 

2024

 

   Carrying amount   Total contractual undiscounted cash flow   Less than 1 year   Over 1 year and less than 5 years 
Due to related parties  $4,002,880    4,002,880    4,001,091    1,789 
Trade payable     3,285,495       3,285,495       3,285,495       3,285,495  
Accrued expenses and other liabilities     2,066,930       2,066,930       2,066,930       2,066,930  
Loans payable   10,263,804    10,263,804    229,815    10,033,989 
Short term debt   40,000    40,000    40,000    - 
Total  $

19,659,109

   $

19,659,109

   $

9,623,331

   $

15,388,203