Company: JOCM
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011600
Chunk: 36

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 8
Chunk 36
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 foreign parties, all of which
do not reside in the United States. A total of 80,500 shares of common stock were sold at a price of $1.00 per share. The total proceeds
to the Company amounted to a total of $80,500 went to the Company to be used as working capital.

As
of March 31, 2025 and December 31, 2024 the Company has an issued and outstanding common share of 57,680,500 and 57,680,500.

    F-11

JOCOM
HOLDINGS CORP.

NOTES
TO CONDENSED FINANCIAL STATEMENTS

FOR
THE THREE MONTHS ENDED MARCH 31, 2025 AND 2024

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(UNAUDITED)

4.
INTANGIBLE ASSET

 SCHEDULE
OF INTANGIBLE ASSET 

    As
                                            of March
                                            31, 2025 (Unaudited)  
    As
                                            of December
                                            31, 2024 (Audited) 
  
    At
    cost: 
    $1  
    $1 
  
    AI
    Smart Platform 
    $1  
    $1 
  
    Intangible asset 
    $1  
    $1 

5.
CASH AND CASH EQUIVALENTS

As
of March 31, 2025, and December 31, 2024, the Company recorded cash and cash equivalents of $2,450 and $,2481 respectively which consists
of cash on hand and bank balances.

    F-12

JOCOM
HOLDINGS CORP.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE THREE MONTHS ENDED MARCH 31, 2025 AND 2024

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(UNAUDITED)

6.
DEPOSITS AND PREPAYMENT

Deposits
and prepayment consisted of the following as of March 31, 2025, and December 31, 2024.

 SCHEDULE OF DEPOSITS 

    As
    of March 31, 2025 (Unaudited)  
    As
    of December 31, 2024 (