Company: IDVV
Filing Date: 2025-05-30
Form Type: 10-12G
Source: 0001683168-25-004098
Chunk: 31

Company: ModuLink Inc.
Filing Date: 2025-05-30
Form: 10-12G
Chunk 31
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 |     |          | December 31, 2023 |
|:----------------------|:----|:----------|-----------------------------:|:----|:-------------|:----|:----|:-------|:----|:---------|------------------:|
| Suppliers/Contractors |     | Purchases |                              |     | Percentage   
 of purchases |     |     |        |     | Accounts 
 payable  |                   |
| Supplier D            |     | $         |                      530,769 |     |              | 34% |     |        |     | $        |            21,137 |
| Supplier A            |     | $         |                      486,387 |     |              | 31% |     |        |     |          |            32,503 |
| Total:                |     | $         |                    1,017,156 |     |              | 65% |     | Total: |     | $        |            53,640 |

Our major suppliers are located
in Hong Kong and Greater China. We are parties to written contracts with our suppliers and vendors with various commercial terms.

Agreement with Zenith (PMS) Limited

Zenith (PMS) Limited is a
party to a design and project services agreement with ZiM, dated August 1, 2024. Under this agreement, Zenith (PMS) Limited provides technical
manpower and expertise to support the Company’s ongoing projects. The services scope covered provision of skilled technical
personnel, assisting in project planning, design development, and project management activities, collaboration with ZiM team. TAM, Hin
Wah Anthony, our Chairman of the Board, is the director and controlling shareholder of Zenith (PMS) Limited. The foregoing description
of the Design and Project Services Management Agreement is qualified in its entirety by reference to the Design and Project Services Agreement
which is filed as Exhibit 10.9 to this Registration Statement and is incorporated herein by reference.

Insurance

We maintain certain insurance
in accordance with customary industry practices in Hong Kong. Under Hong Kong law it is a requirement that all employers in the city must
purchase Employee's Compensation Insurance to cover their liability in the event that their staff suffers an injury or illness during
the normal course of their work. We maintain Employee’s Compensation Insurance, vehicle insurance and third-party risks insurance
for business purposes. Upon the requisition of developers, we are responsible for professional indemnity and/or employees’ compensation.