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RELATED PARTY BALANCES AND TRANSACTIONS | 12 Months Ended
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Dec. 31, 2024
Related Party Transactions [Abstract] |
RELATED PARTY BALANCES AND TRANSACTIONS | 15. RELATED PARTY BALANCES AND TRANSACTIONS Related party balances Amount due from related parties SCHEDULE OF RELATED PARTIES
|  |  |  |  |  | As of December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
TH3 Holdings Sdn Bhd (“TH3”) |  | Mr. How Kok Choong, the CEO and director of the Company is also a director of TH3 |  | Prepayment of IT expenses |  | $ | 1,582 |  |  | $ | 2,922 |
SY Welltech Sdn Bhd (“Welltech”) (formerly known as DSY Beauty Sdn Bhd) |  | The directors and shareholders of Welltech are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd |  | Deposits for products purchases |  |  | - |  |  |  | 8,171 |
ATPC Lega Global Sdn Bhd (“Lega”) |  | Mr. How Kok Choong, the CEO and director of the Company is also a director of Lega |  | General expenses payment on behalf |  |  | 730 |  |  |  | - |
Total |  |  |  |  |  | $ | 2,312 |  |  | $ | 11,093 |
Accounts payable – related parties
|  |  |  |  |  | As of December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
CTA Nutriceuticals (Asia) Sdn Bhd (“CTA”) |  | The directors and shareholders of CTA are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY International Wellness Sdn Bhd |  | Purchases of products for the provision of complementary health therapies |  | $ | 30,554 |  |  | $ | 30,439 |
SY Welltech Sdn Bhd (“Welltech”) (formerly known as DSY Beauty Sdn Bhd) |  | The directors and shareholders of Welltech are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd |  | Purchases of beauty products |  |  | 71 |  |  |  | 54 |
Chew Yi Zheng |  | Mr. Chew Yi Zheng is the member of the immediate family of Mr. Yap Foo Ching (Steve Yap), the director of DSY Wellness International Sdn Bhd |  | Render therapy and health consultation to customer |  |  | - |  |  |  | 4,355 |
Total |  |  |  |  |  | $ | 30,625 |  |  | $ | 34,848 |
AGAPE ATP CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Currency expressed in United States Dollars (“US$”), except for number of shares) 15. RELATED PARTY BALANCES AND TRANSACTIONS (CONT’D) Related party balances Other payable - related parties
|  |  |  |  |  | As of December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
CTA Nutriceuticals (Asia) Sdn Bhd (“CTA”) |  | The directors and shareholders of CTA are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY International Wellness Sdn Bhd |  | Purchase of products for general use |  | $ | 494 |  |  | $ | 570 |
SY Welltech Sdn Bhd (“Welltech”) (formerly known as DSY Beauty Sdn Bhd) |  | The directors and shareholders of Welltech are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd |  | Purchase of products for general use |  |  | - |  |  |  | 535 |
Mr. Yap Foo Ching (Steve Yap) |  | Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd |  | Payment on behalf of company expenses |  |  | - |  |  |  | 6,534 |
Mr. How Kok Choong |  | Mr. How Kok Choong, the CEO and director of the Company |  | Commission expense |  |  | 356 |  |  |  | 207 |
Total |  |  |  |  |  | $ | 850 |  |  | $ | 7,846 |
Related party transactions Purchases
|  |  |  |  |  | For the years ended December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
CTA Nutriceuticals (Asia) Sdn Bhd (“CTA”) |  | The directors and shareholders of CTA are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY International Wellness Sdn Bhd |  | Purchases of products for the provision of complementary health therapies |  | $ | 335,493 |  |  | $ | 272,993 |
SY Welltech Sdn Bhd (“Welltech”) (formerly known as DSY Beauty Sdn Bhd) |  | The directors and shareholders of Welltech are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd |  | Purchases of beauty products |  |  | 17,600 |  |  |  | 18,516 |
DSY Wellness & Longevity Center Sdn Bhd (“DSYWLC”) |  | Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd is also a director of DSYWLC. |  | Purchases of products for the provision of complementary health therapies |  |  | 6,576 |  |  |  | - |
Chew Yi Zheng |  | Mr. Chew Yi Zheng is the member of the immediate family of Mr. Yap Foo Ching (Steve Yap), the director of DSY Wellness International Sdn Bhd |  | Render therapy and health consultation to customer |  |  | - |  |  |  | 4,355 |
Total |  |  |  |  |  | $ | 359,669 |  |  | $ | 295,864 |
AGAPE ATP CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Currency expressed in United States Dollars (“US$”), except for number of shares) 15. RELATED PARTY BALANCES AND TRANSACTIONS (CONT’D) Related party transactions Other income
|  |  |  |  |  | For the years ended December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
Ando Design Sdn Bhd (“Ando”) |  | Mr. How Kok Choong, the CEO and director of the Company is also the director of Ando. |  | Rental income |  | $ | 2,630 |  |  | $ | 2,630 |
Redboy Pictures Sdn Bhd (“Redboy”) |  | Mr. How Kok Choong, the CEO and director of the Company is also the director of Redboy. |  | Rental income |  |  | - |  |  |  | 5,260 |
TH3 Holdings Sdn Bhd (“TH3”) |  | Mr. How Kok Choong, the CEO and director of the Company is also a director of TH3 |  | Rental income |  |  | 789 |  |  |  | 460 |
Total |  |  |  |  |  | $ | 3,419 |  |  | $ | 8,350 |
Other purchases
|  |  |  |  |  | For the years ended December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
CTA Nutriceuticals (Asia) Sdn Bhd (“CTA”) |  | The directors and shareholders of CTA are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY International Wellness Sdn Bhd |  | Purchases of products for general use |  | $ | 4,243 |  |  | $ | 6,213 |
SY Welltech Sdn Bhd (“Welltech”) (formerly known as DSY Beauty Sdn Bhd) |  | The directors and shareholders of Welltech are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd |  | Purchases of products for general use |  |  | 4,337 |  |  |  | 7,282 |
DSY Wellness & Longevity Center Sdn Bhd (“DSYWLC”) |  | Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd is also a director of DSYWLC. |  | Purchases of products for general use |  |  | - |  |  |  | 368 |
Total |  |  |  |  |  | $ | 8,580 |  |  | $ | 13,863 |
AGAPE ATP CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Currency expressed in United States Dollars (“US$”), except for number of shares) 15. RELATED PARTY BALANCES AND TRANSACTIONS (CONT’D) Related party transactions Commission expense
|  |  |  |  |  | For the years ended December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
Mr. How Kok Choong |  | Mr. How Kok Choong, the CEO and director of the Company |  | Commission expense |  | $ | 3,012 |  |  | $ | 5,947 |
Total |  |  |  |  |  | $ | 3,012 |  |  | $ | 5,947 |
Other expenses
|  |  |  |  |  | For the years ended December 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |
TH3 Holdings Sdn Bhd (“TH3”) |  | Mr. How Kok Choong, the CEO and director of the Company is also a director of TH3 |  | IT support services fee |  | $ | 59,371 |  |  | $ | 54,956 |
Ando Design Sdn Bhd (“Ando”) |  | Mr. How Kok Choong, the CEO and director of the Company is also the director of Ando. |  | Office furniture & fixture and improvements |  |  | 1,772 |  |  |  | - |
SY Welltech Sdn Bhd (“Welltech”) (formerly known as DSY Beauty Sdn Bhd) |  | The directors and shareholders of Welltech are related parties to Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd |  | Purchases of products for general use |  |  | 5 |  |  |  | - |
DSY Wellness & Longevity Center Sdn Bhd (“DSYWLC”) |  | Mr. Yap Foo Ching (Steve Yap), a director of DSY Wellness International Sdn Bhd is also a director of DSYWLC. |  | Office rental expenses |  |  | 55,239 |  |  |  | 31,563 |
Total |  |  |  |  |  | $ | 116,388 |  |  | $ | 86,519 |
AGAPE ATP CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Currency expressed in United States Dollars (“US$”), except for number of shares)

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