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Related Party Balances and Transactions | 9 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 | Jun. 30, 2023
Related Party Balances and Transactions [Abstract] |  |
Related Party balances and transactions | Note 12 – Related party balances and transactions Related party balances Other receivable, a related party
Name of related party |  | Relationship |  | Nature |  | As of March 31, 2024 |  |  | As of June 30, 2023 |
|  |  |  |  |  | (Unaudited) |  |  | (Audited) |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is the common shareholder |  | Equipment rental deposit |  | $ | 12,229 |  |  | $ | 12,379 |
Other payables, related parties
Name of Related Party |  | Relationship |  | Nature |  | As of March 31, 2024 |  |  | As of June 30, 2023 |
|  |  |  |  |  | (Unaudited) |  |  | (Audited) |
True Sight Sdn Bhd |  | Su Huay “Sue” Chuah, the Company’s former Chief Marketing Officer is the shareholder of this entity |  | Consulting fee |  | $ | - |  |  | $ | 345 |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  | Operating expense paid on behalf |  |  | - |  |  |  | 1,315 |
Total |  |  |  |  |  | $ | - |  |  | $ | 1,660 |
Amount due to related parties
Name of Related Party |  | Relationship |  | Nature |  | As of March 31, 2024 |  |  | As of June 30, 2023 |
|  |  |  |  |  | (Unaudited) |  |  | (Audited) |
Chong Chan “Sam” Teo |  | Directors, Chief Executive Officer, and Shareholder of TGL |  | Interest-free loan, due on demand |  | $ | - |  |  | $ | 186,579 |
Kok Pin “Darren” Tan |  | Shareholder of TGL |  | Interest-free loan, due on demand |  |  | - |  |  |  | 134,381 |
Total |  |  |  |  |  | $ | - |  |  | $ | 320,960 |
Related party loan On December 7, 2020, the Company obtained right of use of a vehicle through signing a trust of deed with Chan Chong “Sam” Teo, the Chief Executive Officer and a shareholder of TGL. In return, the Company is obligated to remit monthly installment auto loan payment related to this vehicle on behalf of the related party mentioned above. The total amount of loan that the Company is entitled to repay is approximately $27,000 (RM 114,000). The auto loan bear 5.96% of interest rate per annum with 60 equal monthly installment payment due on the first of each month. As of March 31, 2024, such loan has an outstanding balance of $10,144, of which $4,084 due after 12 months period and classified as related party loan, non-current portion. The interest expense was $151 and $507 for the three and nine months ended March 31, 2024, respectively. The interest expense was $239 and $758 during the three and nine months ended March 31,2023, respectively. Related party transactions Revenue from related parties
|  |  |  |  |  | For the Three Months Ended |  |  | For the Nine months Ended |
|  |  |  |  |  | March 31, |  |  | March 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  |  |  |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |
Matrix Ideal Sdn Bhd |  | Director Yu Weng Lok is shareholder of TGI, Spouse of Chuah Su Chen, COO of the Company |  |  |  | $ | - |  |  | $ | 126 |  |  | $ | - |  |  | $ | 126 |
Purchase from related parties
|  |  |  |  |  | For the Three Months Ended |  |  | For the Nine months Ended |
|  |  |  |  |  | March 31, |  |  | March 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  |  |  |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  | Purchase of products |  | $ | 181 |  |  | $ | 12,310 |  |  | $ | 25,594 |  |  | $ | 20,511 |
Equipment purchased from a related party
|  |  |  |  |  | For the Three Months Ended |  |  | For the Nine months Ended |
|  |  |  |  |  | March 31, |  |  | March 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  |  |  |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  | Purchase of equipment |  | $ | 1,003 |  |  | $ | 11,001 |  |  | $ | 13,149 |  |  | $ | 49,656 |
Operating expenses from related parties
|  |  |  |  |  | For the Three Months Ended |  |  | For the Nine months Ended |
|  |  |  |  |  | March 31, |  |  | March 31, |
Name of Related Party |  | Relationship |  | Nature |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  |  |  |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |
True Sight Sdn Bhd |  | Su Huay “Sue” Chuah, the Company’s former Chief Marketing Officer is a 40% shareholder of this entity |  | Consulting fees |  | $ | 17,675 |  |  | $ | 96,483 |  |  | $ | 51,414 |  |  | $ | 279,886 |
Imej Jiwa Communications Sdn Bhd |  | Voon Him “Victor” Hoo, the Company’s Chairman and Managing Director is the director of this entity |  | Consulting fees |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,744 |
World Cloud Ventures Sdn Bhd |  | Jau Long “Jerry” Ooi is the common shareholder |  | Operating expense |  |  | - |  |  |  | 10,797 |  |  |  | - |  |  |  | 46,441 |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  | Operating expense |  |  | - |  |  |  | - |  |  |  | 16,244 |  |  |  | - |
Total |  |  |  |  |  | $ | 17,675 |  |  | $ | 107,280 |  |  | $ | 67,658 |  |  | $ | 329,071 |
| Note 10 – Related Party balances and transactions Related party balances Other receivable, a related party
Name of related party |  | Relationship |  | Nature |  | As of June 30, 2023 |  |  | As of June 30, 2022 |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is the common shareholder |  | Equipment rental deposit |  | $ | 12,379 |  |  | $ | - |
Convertible notes payable, related parties
Name of related party |  | Relationship |  | Nature |  |  | As of June 30, 2023 |  |  | As of June 30, 2022 |
Chuah Su Mei |  | Spouse of Kok Pin “Darren” Tan, shareholder of TGL |  |  | CLN |  |  | $ | - |  |  | $ | 240,444 |
Click Development Berhad |  | Shareholder of TGL |  |  | CLN |  |  |  | - |  |  |  | 120,235 |
Cloudmaxx Sdn Bhd |  | Jau Long “Jerry” Ooi and Kok Pin “Darren” Tan are common shareholder |  |  | CLN |  |  |  | - |  |  |  | 568,305 |
V Capital Kronos Berhad |  | Shareholder of TGL, and Voon Him “Victor” Hoo is the common shareholder |  |  | CLN |  |  |  | - |  |  |  | 1,400,000 |
World Cloud Ventures Sdn Bhd |  | Jau Long “Jerry” Ooi is the common shareholder |  |  | CLN |  |  |  | - |  |  |  | 108,590 |
Total |  |  |  |  |  |  |  | $ | - |  |  | $ | 2,437,574 |
Pursuant to the convertible note agreement related to above convertible notes payable, related parties, the convertible note shall not be interest bearing if the Company completes its Offering within the 36 months from the date of issuance of the convertible note, unless it has not been converted by the third anniversary of its issuance date, in which case it shall bear interest from the time of issuance at 12% per annum. As the Company completed its Offering on August 15, 2022, no interest expenses pertained to above convertible notes payable, related parties were accrued for years ended June 30, 2023 and 2022. Accounts payable, related parties
Name of Related Party |  | Relationship |  | Nature |  | As of June 30, 2023 |  |  | As of June 30, 2022 |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is the common shareholder |  | Purchase of inventories |  | $ | - |  |  | $ | 4,229 |
The Evolutionary Zeal Sdn Bhd |  | Shareholder of TGL |  | Purchase of inventories |  |  | - |  |  |  | 9,034 |
World Cloud Ventures Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  | Purchase of inventories |  |  | - |  |  |  | 1,063 |
Total |  |  |  |  |  | $ | - |  |  | $ | 14,326 |
Other payables, related parties
Name of Related Party |  | Relationship |  | Nature |  | As of June 30 2023 |  |  | As of June 30, 2022 |
True Sight Sdn Bhd |  | Su Huay “Sue” Chuah, the Company’s former Chief Marketing Officer is the shareholder of this entity |  | Consulting fee |  | $ | 345 |  |  | $ | - |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  | Operating expense paid on behalf |  |  | 1,315 |  |  |  | - |
Total |  |  |  |  |  | $ | 1,660 |  |  | $ | - |
Amount due to related parties
Name of Related Party |  | Relationship |  | Nature |  | As of June 30, 2023 |  |  | As of June 30, 2022 |
Chong Chan “Sam” Teo |  | Directors, Chief Executive Officer, and Shareholder of TGL |  | Interest-free loan, due on demand |  | $ | 186,579 |  |  | $ | 197,480 |
Kok Pin “Darren” Tan |  | Shareholder of TGL |  | Interest-free loan, due on demand |  |  | 134,381 |  |  |  | 1,862,608 |
Total |  |  |  |  |  | $ | 320,960 |  |  | $ | 2,060,088 |
Related party loan On December 7, 2020, the Company obtained right of use of a vehicle through signing a trust of deed with Chan Chong “Sam” Teo, the Chief Executive Officer and a shareholder of TGL. In return, the Company is obligated to remit monthly installment auto loan payment related to this vehicle on behalf of the related party mentioned above. The total amount of loan that the Company is entitled to repay is approximately $27,000 (RM 114,000). The auto loan bear 5.96% of interest rate per annum with 60 equal monthly installment payment due on the first of each month. As of June 30, 2023, such loan has an outstanding balance of $13,422, of which $8,099 due after 12 months period and classified as related party loan, non-current portion. The interest expense was $1,779 and $1,333 during the years ended June 30, 2023 and 2022, respectively. Related party transaction Revenue from related parties
Name of Related Party |  | Relationship |  | Nature |  |  | For the year ended June 30, 2023 |  |  | For the year ended June 30, 2022 |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  |  | Sales of products |  |  | $ | - |  |  | $ | 166,139 |
Matrix Ideal Sdn Bhd |  | Yu Weng Lok is a common shareholder |  |  | Sales of products |  |  |  | 126 |  |  |  | 2,837 |
Total |  |  |  |  |  |  |  | $ | 126 |  |  | $ | 168,976 |
Purchase from related parties
Name of Related Party |  | Relationship |  | Nature |  |  | For the year ended June 30, 2023 |  |  | For the year ended June 30, 2022 |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  |  | Purchase of products |  |  | $ | 22,036 |  |  | $ | 54,328 |
World Cloud Ventures Sdn Bhd |  | Shareholder of TGL |  |  | Purchase of Services |  |  |  | 55,484 |  |  |  | 48,259 |
The Evolutionary Zeal Sdn Bhd |  | Jay Long “Jerry” Ooi is a common shareholder |  |  | Purchase of products |  |  |  | - |  |  |  | 18,824 |
Total |  |  |  |  |  |  |  | $ | 77,520 |  |  | $ | 121,411 |
Equipment purchased from a related party
Name of Related Party |  | Relationship |  | Nature |  |  | For the year ended June 30, 2023 |  |  | For the year ended June 30, 2022 |
Ezytronic Sdn Bhd |  | Jau Long “Jerry” Ooi is a common shareholder |  |  | Purchase of equipment |  |  | $ | 52,328 |  |  | $ | - |
Consulting fees from related parties
Name of Related Party |  | Relationship |  | Nature |  |  | For the Year Ended June 30, 2023 |  |  | For the Year Ended June 30, 2022 |
V Capital Investment Limited |  | Voon Him “Victor” Hoo, the Company’s Chairman and Managing Director is the director of this entity beginning on June 1, 2021. |  |  | Consulting fees |  |  | $ | - |  |  | $ | 75,000 |
Imej Jiwa Communications Sdn Bhd |  | Voon Him “Victor” Hoo, the Company’s former Chairman and Managing Director is the director of this entity |  |  | Consulting fess |  |  |  | 2,744 |  |  |  | - |
True Sight Sdn Bhd |  | Su Huay “Sue” Chuah, the Company’s former Chief Marketing Officer is a 40% shareholder of this entity |  |  | Consulting fees |  |  |  | 290,476 |  |  |  | 615,367 |
Total |  |  |  |  |  |  |  | $ | 293,220 |  |  | $ | 690,367 |

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