| Schedule of related party balances |
Other
receivable – related party
Schedule
of related party balances
| Name
of Related Party | |
Relationship | | |
Nature | |
As
of December
31, 2025 | | |
As
of December
31, 2024 | |
| | |
| | |
| |
| | |
| |
| Alex Lai Kum Weng | |
| Director
of CKHP | | |
Employee advance | |
$ | 8,625 | | |
$ | 19,497 | |
| Other receivable – related party | |
| Director
of CKHP | | |
Employee advance | |
$ | 8,625 | | |
$ | 19,497 | |
Other
payables – related parties
| Name of Related
Party | |
Relationship | |
Nature | |
As
of December
31, 2025 | | |
As
of December
31, 2024 | |
| Kent Ridge Health Pte Ltd | |
Shareholders of this entity also
are the shareholders of the Company | |
Operating expense paid on behalf
of the Company | |
| 395,779 | | |
| 395,779 | |
| Meng Dong (James) Tan | |
Shareholder of the Company | |
Operating expense paid on behalf of the Company | |
| 2,181 | | |
| 2,181 | |
| Chong Yew Yen | |
Director of CKHP (resigned on July 31, 2024)
and shareholder of the Company | |
Operating expense paid on behalf of the Company | |
| 230 | | |
| 230 | |
| 8i Enterprises Pte Ltd (“8iEPL”)
(1) | |
Meng Dong (James) Tan who is the shareholders
of this entity is also a the shareholder of the Company | |
Advisory services fee payable | |
| 315,000 | | |
| 135,000 | |
| 8i Digital services Pte Ltd (“8i Digital”) | |
Meng Dong (James) Tan who is a shareholders
of this entity is also a shareholder of the Company | |
Advisory services fee payable | |
| 21,948 | | |
| 21,952 | |
| Vivian Tay | |
Interim Chief Financial Officer of the Company | |
Operating expense paid on behalf of the Company | |
| 2,849 | | |
| - | |
| Alfred Lim | |
Chief Executive Officer,
an executive director and shareholder of the Company | |
Operating expense paid
on behalf of the Company | |
| 52,114 | | |
| 264 | |
| Total | |
| |
| |
$ | 790,101 | | |
$ | 555,406 | |
| Other
payables - related parties | |
| |
| |
$ | 790,101 | | |
$ | 555,406 | |
| (1) |
A
balance of $135,000 was converted into the Company’s ordinary shares in March 2024. See Note 16. On March 16, 2024, the Company
entered into a consultancy agreement (the “Consultancy Agreement”) with 8i Enterprises Pte Ltd (“8iEPL”)
for a term of 12 months to engage 8iEPL’s services in connection with merger and acquisition advisory services, including advisory
for acquisition of Fortress Cove and its subsidiaries which is 40% owned by Meng Dong (James) Tan before the acquisition. As of December
31, 2025 and 2024, the Company had accrued $315,000 and $135,000 advisory service fee pertaining to this Consultancy Agreement, respectively. |
|