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Related Party Balances and Transactions
 3 Months Ended
Sep. 30, 2025
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
September 30,
2025		   As of
June 30,
2025		 
         (Unaudited)     
Ezytronic Sdn Bhd  Jau Long “Jerry” Ooi is a common shareholder  Equipment rental deposit  $13,730   $13,723 

 

Other payables, related parties

 

Name of Related Party  Relationship  Nature  As of
September 30,
2025		   As of
June 30,
2025		 
         (Unaudited)     
Ezytronic Sdn Bhd  Jau Long “Jerry” Ooi is a common shareholder  Operating expense paid on behalf   494    494 

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 September 30, 2025 and June 30, 2025, such loan has an outstanding balance of $4,344 and $5,134 to be due within the next 12 months.

 

The interest expense was $253 and $323 for the three months ended September 30, 2025 and 2024, respectively.

 

Related party transactions  

 

Operating expenses from related parties

 

Name of Related Party  Relationship  Nature  For the
three months
Ended
September 30,
2025		  

For the

three months
Ended

September 30,
2024

 
         (Unaudited)   (Unaudited) 
Ezytronic Sdn Bhd  Jau Long “Jerry” Ooi is a common shareholder  Operating expense (short-term office equipment rental   
       -
    5,885