Company: JOCM
Filing Date: 2025-05-05
Form Type: 10-K
Source: 0001641172-25-008460
Chunk: 335

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-05
Form: 10-K
Item: Item 5
Chunk 335
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 conversion of convertible securities, and (b) the denominator is the sum of (i) the total shares of common stock outstanding on as of the date of this Annual Report (57,680,500 shares), and (ii) the total number of shares that the beneficial owner may acquire upon exercise of the derivative securities. Unless otherwise stated, each beneficial owner has sole power to vote and dispose of its shares.

    (2)
    Based on the total issued and outstanding shares of 57,680,500 as of the date of this Annual Report.

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ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS,
DIRECTOR INDEPENDENCE

On January 8, 2021 Ms. Chua Hwee Ping was appointed
President, Secretary, Treasurer and Director of the Company.

On January 8, 2021, the Company issued 100,000 shares
of restricted common stock, with a par value of $0.0001 per share, to Ms. Chua in consideration of $10. The $10 in proceeds went to the
Company to be used as working capital. Ms. Chua currently serves as our Chief Financial Officer, President, Secretary, Treasurer and as
member of our Board of Directors.

On April 15, 2021, we, “the Company” acquired
100% of the equity interests of Jocom Holdings Corp. (herein referred to as the “Malaysia Company”), a private limited company
incorporated in Labuan, Malaysia. Prior to the acquisition of the Malaysia Company, it was solely controlled by Ms. Chua Hwee Ping. In
consideration of the equity interests of Jocom Holdings Corp., Ms. Chua Hwee Ping was compensated $100 USD.

Between the period of January 8, 2021 to June 1, 2021,
the Company sold shares of common stock to 6 foreign parties, all of which do not reside in the United States. A total of 53,900,000 shares
of restricted common stock were sold at a price of $0.0001 per share. The total proceeds to the Company amounted to a total of $5,400
went to the Company to be used as working capital.

Between the period of June 20, 2021 to July 21, 2021,
the Company issued 2,300,000 shares of restricted common stock to 23 foreign parties, all of which do not reside in the United States