Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 122

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 122
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 and other liabilities, which approximate
their fair values because of the short-term nature of these instruments.

Segment
reporting

ASC Topic 280, “ Segment
Reporting” establishes standards for reporting information about operating segments on a basis consistent with the
Company’s internal organizational structure as well as information about geographical areas, business segments and major
users in consolidated financial statements for details on the Company’s business segments.

In accordance with Accounting Standards Update
(“ ASU”) No. 2023-07, Segment Reporting (Topic 280), “ Improvements to Reportable Segment Disclosures”, the
Company considered whether additional disclosures were required, including significant segment expenses and measures used by the CODM.
However, the CODM evaluates the Company’s performance based solely on consolidated financial results, and no additional measures
or expense categories are used for internal decision-making.

Operating
segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker (the “ CODM”),
the Chief Executive Officer of the Company for making decisions, allocating resources and assessing performance. Consequently, the Company
has determined that it has only one reportable operating segment.

Related parties

The Company follows ASC 850-10, “ Related
Party Disclosures” for the identification of related parties and disclosure of related party transactions.

Pursuant to ASC 850-10-20 the related parties
include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election
of the fair value option under the Fair Value Option Subsection of ASC 825-10-15, to be accounted for by the equity method by the investing
entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship
of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one
party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting
parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management
or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly
influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.

The consolidated financial statements shall include
disclosures of material related