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Commitments and contingencies (Details Narrative) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Utilised for issuance of bank guarantees | $ 355,000 | $ 432,000
Banking facilities available for overdraft and import and export credits | 897,000 | 897,000
Secured by bank deposit | $ 897,000 | $ 897,000
Description of earnings ratio price | Median price to earnings ratio of similar companies of 23,965 (range: 4,7288 to 36,7237) |
Weighted average interest rate | 7.02% | 6.70%
Bank borrowings | $ 293,000 | $ 415,000
Average interest rates | 7.02% | 6.70%
Dividend yield rate | 0.00% |
Lack of marketability medium discount | 15.70% |
Volatility rate | 102.39% |
Average life of a company | 21 years |
Options useful life | 20 years |
Strike price of options value | $ 0 |
Fair value of options | $ 0 |
Pact Asia Pacific Limited |  |
Useful life | 20 years |
Risk-free rate | 3.954% |

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