Company: JOCM
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-022470
Chunk: 28

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 28
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NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024

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

(UNAUDITED)

1.
DESCRIPTION OF BUSINESS AND ORGANIZATION

Jocom
Holdings Corp. was incorporated on January 8, 2021 under the laws of the state of Nevada.

The
Company, through its subsidiary, engaged in providing data analytic services, which cover customer
behavior and predictive customer analysis.

On
April 15, 2021, the Company acquired 100% of the equity interests in Jocom Holdings Corp. (herein referred as the “Malaysia Company”),
a private limited company incorporated in Labuan, Malaysia. In consideration of the equity interests of Jocom Holdings Corp., Ms. Chua
was compensated $100 USD.

On
June 12, 2024, Jocom Holdings Corp, its wholly owned subsidiary, acquired 100% of the equity interests in JHC Digital Sdn. Bhd. (herein
referred as the “Malaysia Company”), a private limited company incorporated in Kuala Lumpur, Malaysia. In consideration of
the equity interests of JHC Digital Sdn Bhd., Ms. Chua was compensated $2,120 USD. JHC Digital Sdn. Bhd. has submitted an application
for strike off on March 31, 2025 and the strike off is still in progress. On August 4, 2025, the strike was completed.

Details
of the Company’s subsidiaries:

   SCHEDULE OF COMPANY SUBSIDIARIES 

    Company
    name
     
    Place/date
    of incorporation
     
    Particulars
    of issued capital
     
    Principal
    activities

    1. 
    Jocom Holdings Corp.
     
    Labuan, January 26, 2021
     
    100 shares of ordinary share of
    US$ 1 each
     
    Data Analytic Software Solution
  
    2.
    JHC Digital Sdn. Bhd.
     
    Kuala Lumpur, June 12, 2024
     
    10,000 shares of ordinary share of Malaysian Ringgit
    RM1 each
     
    Trading of all kinds of goods online or offline, ecommerce,
    logistics activities,