Company: IDVV
Filing Date: 2025-05-30
Form Type: 10-12G
Source: 0001683168-25-004098
Chunk: 170

Company: ModuLink Inc.
Filing Date: 2025-05-30
Form: 10-12G
Chunk 170
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 |   2024 |     |   |   2023 |
|:--------------------------------------------------------------------------------------------------------|:----|:--|-------:|:----|:--|-------:|
| Retention payable                                                                                       |     | $ | 55,772 |     | $ | 54,600 |
| The retention payable is not due until satisfactory contract completion and acceptance by the customer. |     |   |        |     |   |        |

| NOTE 13 | AMOUNT DUE TO RELATED COMPANIES |

The summary of amount due to related companies
as of December 31, 2024 and 2023 is as follows:

|                                |     |   |    2024 |     |   |    2023 |
|:-------------------------------|:----|:--|--------:|:----|:--|--------:|
| Zenith (PMS) Limited           |     | $ |  47,798 |     | $ | 617,193 |
| AY Consulting Services Company |     |   | 153,847 |     |   |       – |
| Total                          |     | $ | 201,645 |     | $ | 617,193 |

The amount due to related companies in which the
Company's directors also serve as directors. These balances primarily represent advances provided to fund certain development projects.
The amounts are unsecured, non-interest-bearing, and repayable on demand.

| F-33 |

<div align='center'>MODULINK INVESTMENT LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023</div>

| NOTE 14 | COMMITMENTS AND CONTINGENCIES |

Contingencies

The Company accounts for loss contingencies in
accordance with ASC Topic 450 and other related guidelines.

At the end of the reporting period, there were
contingent liabilities of maximum USD 1.91 million (2023: USD 1.91 million) in respect of the subsidiary providing a corporate guarantee
to a bank for securing the general banking facilities granted to both the subsidiary and the shareholder of the immediate holding company.

As of December 31, 2024 and 2023, the Company’s
management is of the opinion that there are no other commitments and contingencies to account for, except for those mentioned above.

| NOTE 15 | STOCKHOLDERS’ EQUITY |

(A)