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PREPAYMENTS AND DEPOSITS, NET
9 Months Ended
Sep. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAYMENTS AND DEPOSITS, NET

NOTE 4 – PREPAYMENTS AND DEPOSITS, NET

 

Prepayments and deposits consisted of the following:

 

   September 30,
2025
  December 31, 2024
Prepayments and deposits  $7,583,940   $8,025,110 
Provision for impairment   (1,667,769)   (1,648,454)
Prepayments and deposits, net  $5,916,171   $6,376,656 

 

As of September 30, 2025, the total amount of advance payments and deposits recorded by the company, net of impairment provisions was $5,916,171.