Company: JOCM
Filing Date: 2025-05-05
Form Type: 10-K
Source: 0001641172-25-008460
Chunk: 689

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-05
Form: 10-K
Item: Item 12
Chunk 689
---
 consisted of the following as of
December 31, 2024, and December 31, 2023.

 SCHEDULE OF TRADE RECEIVABLE 

    As of December 31, 2024 (Audited)  
    As of December 31, 2023 (Audited) 
  
    Trade receivable 
    $            -  
    $80,373 
  
    Allowance for doubtful debts 
    $-  
    $(80,373)
  
    Total trade receivable 
    $-  
    $- 

As of December 31, 2024, trade receivable of $Nil.

As of December 31, 2023, trade receivable of $80,373
which were related party transactions were netted off with allowance for doubtful debts of $80,373. The total outstanding balance for
trade receivable is Nil.

The amount due from trade receivable is subject to normal trade credit term.

8. DEPOSITS AND PREPAYMENT

Deposits and prepayment consisted of the following
as of December 31, 2024, and December 31, 2023.

 SCHEDULE OF DEPOSITS 

    As of December 31, 2024 (Audited)  
    As of December 31, 2023 (Audited) 
  
    Deposits 
     369  
     360 
  
    Prepayment 
     5,421  
     - 
  
    Total deposits and prepayment 
     5,790  
     360 

As of December 31, 2024 and 2023, total deposits paid
was $369 and $360 which mainly from the deposit of rental security and utilities for the increase of lease rental. The prepayment as of
December 31, 2024 and 2023 was $5,421 and $Nil respectively.

    F-13

JOCOM HOLDINGS CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED DECEMBER 31, 2024 AND 2023

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

9. OTHER PAYABLES AND ACCRUALS

Other payables and accruals consisted of the following
as of December 31, 2024, and December 31, 2023.

 SCHEDULE OF OTHER