Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 138

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 138
---
      $         -          
  Fantastic Global Venture Limited                                                                           67,027                       4,382                -          
                                                                          $                                  86,178         $            17,333      $         -          

  (a)      The                                                                                                                                   
  (b)      The                                                                                                                                   

  Balances              

As
of March 31, 2025 and 2024, the balances due from (to) related parties were as follows:

SCHEDULE
OF DUE FROM (TO) RELATED PARTY TRANSACTION

                                        As of March 31,                                      
                                        2025                              2024               
 ─────────────────────────────────────────────────────────────────────────────────────────────
  Due from a related party                                                                   
  Nova Pulsar Holdings Limited          $                    714,527      $               -  
  Due to related parties                                                                     
  Kwai Hoi, Ma                          $                    37,512       $          87,456  
  Edinburgh DH Holdings Limited                              -                       12,951  
  Fantastic Global Venture Limited                           -                        4,382  
                                        $                    37,512       $         104,789  

  Convertible                            

On
October 4, 2023, the Company issued convertible promissory notes in an aggregate principal amount of $ 4,500,000 3 September 30, 2024

On
June 28, 2024, the Company issued convertible promissory note of $ 4,500,000

On
November 19, 2024, in connection with the consummation of the Business Combination, the Company issued an aggregate 1,900,000 5 10

For
the years ended March 31, 2025 and 2024, interest expense on convertible promissory notes were $ 86,178 17,333

15. CONCENTRATIONS OF RISKS

The
Company is exposed to the following concentrations of risks:

  (a)      Credit  

Financial
instruments that potentially subject the Company to credit risk consist of cash. Cash are maintained with high credit quality
institutions in Hong Kong. Effective from October 1, 2024, the Hong Kong Deposit Protection Board pays compensation up to a limit of
HK$ 800,000 102,800As
of March 31, 2025, cash balance of $2,575,225were maintained at financial institutions in Hong Kong, of which approximately