v3.26.1
Finance Lease Liability
3 Months Ended
Mar. 31, 2026
Finance Lease Liability [Abstract]  
FINANCE LEASE LIABILITY

10. FINANCE LEASE LIABILITY

 

On August 28, 2025, the Company, through its subsidiary, acquired a motor vehicle amounted $58,107 financed by $47,551 hire purchase loan for 36 months at a fixed flat rate of 4.16% per annum with first installment commencing September 1, 2025 and monthly installment amounted approximately $1,369.

 

For the three months ended March 31, 2026, the Company repaid $4,022 in hire purchase loan with an outstanding amount of $40,300 as of March 31, 2026.

 

Maturities of the loan for the remaining years are as follows:

  

Year ending December 31,    
2026  $12,071 
2027   16,705 
2028   11,524 
Total  $40,300