Company: JOCM
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011600
Chunk: 27

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 8
Chunk 27
---
FOR
THE THREE MONTHS ENDED MARCH 31, 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.

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, consulting services for software technology and software
    development.

For
purposes of consolidated financial statement presentation, Jocom Holdings Corp. and its subsidiaries are hereinafter referred to as the
“Company”.

    F-6

JOCOM
HOLDINGS CORP.

NOTES