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RELATED PARTY BALANCES AND TRANSACTIONS
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
RELATED PARTY BALANCES AND TRANSACTIONS

NOTE 8 - RELATED PARTY BALANCES AND TRANSACTIONS

 

In 2018, the Company entered into a rental agreement with Kambo Security Products Limited for office space in Hong Kong. The rental agreement is renewed annually. Kambo Security Products Limited is owned by Mr. Bong Lau, Mr. Wynn Hui, and Mr. Bun Lau, major shareholders of ILA. The major shareholders of ILA are committed to renewing the rental agreement with the Company for no less than 5 additional years. Rent expense for 2025, 2024 and 2023 was $74,000, $74,000 and $74,000, respectively.

 

As of December 31, 2025, the short-term loan represents an aggregate amount of $218,416 (HK$1,700,000) advanced to the Company by Mr. Bong Lau, Mr. Wynn Hui, and Mr. Bun Lau. The loan is unsecured, non-interest-bearing, and repayable on demand.