XML 31 R15.htm IDEA: XBRL DOCUMENT v3.26.1
Bank Borrowings
 12 Months Ended
Mar. 31, 2026
Bank Borrowings [Abstract]  
BANK BORROWINGS

NOTE 8 — BANK BORROWINGS

 

          As of March 31, 
   Term of
repayments		  Effective
interest rate		   2026   2025 
          US$   US$ 
SME instalment loan  5 years   9.22%   
-
    23,919 
SME instalment loan  5 years   7.56%   303,888    414,490 
SME instalment loan  3 years   2.75%   540,408    600,784 
Bank borrowings – current and non-current portion           844,295    1,039,193 

 

   As of March 31, 
   2026   2025 
   US$   US$ 
Representing:        
Within 12 months   175,439    184,334 
Over 1 year   668,856    854,859 
    844,295    1,039,193 

 

As of March 31, 2026, bank borrowing as obtained from a financial institution in Hong Kong, which bear annual interest at a fixed rate from 7.56% to 9.22% and are repayable by monthly instalments from 3 years to 5 years. The Company’s bank borrowings are corporate guaranteed loans with other terms and conditions.

 

Interest related to the bank borrowings was approximately US$44,015, US$60,541 and US$35,673 for the financial year ended March 31, 2026, 2025 and 2024, respectively.