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Concentrations of Risks
 3 Months Ended
Sep. 30, 2025
Concentrations of Risks [Abstract]  
Concentrations of risks

Note 15 – Concentrations of risks

 

(a) Major customers

 

For the three months ended September 30, 2025, no customer accounted for 10.0% or more of the Company’s total revenues. For the three months ended September 30, 2024, one customer accounted for approximately 16.6% of the Company’s total revenues

 

As of September 30, 2025, two customers account for approximately 77.6% and 21.1% of the total balance of accounts receivable, respectively. As of June 30, 2025, one customers account for approximately 92.3% of the total balance of accounts receivable, respectively.

 

(b) Major vendors

 

For the three months ended September 30, 2025, one vendors accounted for approximately 99.9% of the Company’s total purchases. For the three months ended September 30, 2024, one vendors accounted for approximately 99.9% of the Company’s total purchases.

 

As of September 30, 2025,  three vendors accounted for approximately 46.7%, 20.9%, and 15.1% of the total balance of accounts payable. As of June 30, 2025, three vendors accounted for approximately 46.7%, 20.9%, and 15.1% of the total balance of accounts payable.

(c) Credit risk

 

Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. As of September 30, 2025 and June 30, 2025, $1,250,110 and $236,657 were deposited with financial institutions or fund received from customer being held in third party platform’s fund account, $87,494 and $31,115 of these balances are not covered by deposit insurance, respectively. While management believes that these financial institutions are of high credit quality, it also continually monitors their credit worthiness.

 

Financial instruments that are potentially subject to credit risk consist principally of accounts receivable and other receivables. The Company believes the concentration of credit risk in its accounts receivable and other receivables is substantially mitigated by its ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company evaluates the need for an provision for estimated credit losses based upon factors surrounding the credit risk of specific customers, historical trends and other information.

 

(d) Exchange rate risk

 

The Company cannot guarantee that the current exchange rate will remain steady; therefore, there is a possibility that the Company could post the same amount of profit for two comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate of RM converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice.