v3.26.1
DISCONTINUED OPERATIONS AND DISPOSAL OF SUBSIDIARY (Tables)
12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
SCHEDULE OF INCOME STATEMENT OF DISCONTINUED OPERATIONS

The results of the discontinued operations, which have been included in the profit for the year, were as follows:

 

   2025   2024   2023 
   USD   USD   USD 
             
Revenue   785,639    5,198,772    7,783,302 
Expense   (6,658,423)   (12,989,489)   (19,006,403)
Loss before income tax   (5,872,784)   (7,790,717)   (11,223,101)
Income tax expense   -    -    (5,917)
Net gain on sale of discontinued operations, net of applicable income tax   6,433,304    -    - 
Net gains (losses) attributable to discontinued operations (attributable to owners of the parent entity)   560,519    (7,790,717)   (11,229,018)
                
Exchange difference arising from translation of discontinued operations   (50,514)   (121,290)   2,076 
Other comprehensive (expenses) income from discontinued operations   (50,514)   (121,290)   2,076 
                
EARNING (LOSS) PER SHARE FROM DISCONTINUED OPERATION – BASIC AND DILUTED   0.00    (0.06)   (0.10)
                
EARNING (LOSS) PER ADS FROM DISCONTINUED OPERATION – BASIC AND DILUTED (1)   0.03    (0.47)   (0.80)

 

Notes:

 

(1) Each ADS represents eight Class A ordinary shares.
SCHEDULE OF CASHFLOW STATEMENT OF DISCONTINUED OPERATIONS

The cash flow information presented below are for the six months ended June 30, 2025 and the year ended 31 December 2024 and 2023

 

   2025   2024   2023 
   USD   USD   USD 
Net cash inflow (outflow) from operating activities   3,915,067    (1,847,214)   (452,185)
Net cash outflow from investing activities   (241,020)   (752,366)   (1,150,104)
Net cash (outflow) inflow from financing activities   (927,075)   (1,185,033)   521,411 
Net increase (decrease) in cash generated by the discontinued operations   2,746,972    (3,784,613)   (1,080,878)
SCHEDULE OF CONSIDERATION TRANSFERRED

 

   As at the date of disposal 
   USD 
Net liabilities disposed of   (6,433,303)
Gain on disposal   6,433,304 
Total consideration   1 
      
Satisfied by:     
Cash   1 
Total consideration transferred   1