Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 24

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 4
Chunk 24
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 The team will explore and establish information channels for business development and market research purposes.
Such information channels include websites or other platforms on which property developers or property owners’ associations announce
tender opportunities, uncovering business opportunities by way of recommendation or frequent communication with customers and other industry
players, and organizing promotional events to showcase EUDA’s service offerings.

  14  

Furthermore,
EUDA implements various incentive measures to encourage the sales teams to obtain property management service contracts of properties
developed by third-party developers through research and analysis of and communication with target customers in the real estate industry
and taking advantage of EUDA’s resources and expertise. In addition, various communication channels are adopted to explore more
opportunities to provide EUDA’s Property Management Services that are customized and tailored to the specific localities to bring
convenience to local property owners and residents. EUDA continually seeks business cooperation opportunities with third-party merchants
to enhance the width and depth of its services.

Revenues from EUDA’s property management services increased from
approximately $3.7 million for the year ended December 31, 2023 to approximately $3.9 million for the year ended December 31, 2024. EUDA generates revenue primarily from services in connection
with property management service fees. Property management service fees are obtained from contractually recurring
revenue from common area management and security management services which it provides to retail and residential properties.

Industry
Challenges

Lack
of Access to Healthcare

During
the outbreak of the COVID-19 pandemic, many Asia-Pacific countries experienced first-hand suffering from a lack of resilient health systems
to provide timely and quality care. The impact varied across nations and populations but there has been a disproportionate impact upon
the most vulnerable populations. While the number of doctors per 1,000 people varies widely across Asia-Pacific countries and territories,
it is generally lower than the OECD average and is unlikely to meet rising health needs. Patients have faced challenges gaining access
to affordable and timely health care especially in communities that are traditionally underserved, such as those in remote or rural areas
with few health facilities and medical staff.

Aging
population to strain healthcare resources

The
aging population is becoming one of the most pressing challenges for healthcare systems globally. According to the World Health Organization
(“ WHO”), by 2030, 1 in 6 people in the world will be aged 60 years or older, and by 2050, the number of people aged 60 and
above will double