Company: JOCM
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011600
Chunk: 16

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 1
Chunk 16
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OLDINGS CORP.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE THREE MONTHS ENDED MARCH 31, 2025 AND 2024

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

(UNAUDITED)

8.
AMOUNT DUE TO DIRECTORS

Amount
due to directors consisted of the following as of March 31,2025, and December 31, 2024.

 SCHEDULE OF AMOUNT DUE TO DIRECTORS 

    As
                                            of March
                                            31, 2025 (Unaudited)  
    As
                                            of December
                                            31, 2024 (Audited) 
  
    Amount
    due to directors 
    $-  
    $6,019 
  
    Total
    amount due to directors 
    $-  
    $6,019 

As
of March 31, 2025, and December 31, 2024, the amount of $Nil and $6,019 were mainly due to expenses paid by directors. The amount is
unsecured, interest-free and repayable on demand.

9.
INCOME TAXES

For
the three months ended March 31,2025 and 2024, the local (United States) and foreign components of profit/(loss) before income taxes were comprised
of the following:

 SCHEDULE OF FOREIGN COMPONENTS OF LOSS BEFORE INCOME TAXES 

    For
    the three ended  March 31, 2025  
    For
    the three months ended  March 31, 2024 
  
    Tax
    jurisdictions from: 

    Local 
    $(3,864) 
     (19,976)
  
    Foreign,
    representing 

    -
    Labuan 
    $42,166  
     15,618 
  
    -
    Malaysia (other than Labuan) 
    $(1,260) 
     - 
  
    Profit/ (loss)
    before income tax 
    $37,042  
     (4,358)

The
provision for income taxes consisted of the following:

 SCHEDULE OF PROVISION INCOME TAXES 

     For
                                            the three months ended March
                                            31, 2025  
     For
                                            the three months ended March
                                            31