Company: JOCM
Filing Date: 2025-05-05
Form Type: 10-K
Source: 0001641172-25-008460
Chunk: 478

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-05
Form: 10-K
Item: Item 8
Chunk 478
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The financial statements required by this item are
located in PART IV of this Annual Report.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS
ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

Disclosures Control and Procedures

We carried out an evaluation of the effectiveness
of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of
December 31, 2024. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and
our Chief Financial Officer. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of
December 31, 2024, our disclosure controls and procedures were not effective due to the presence of material weaknesses in internal control
over financial reporting.

A material weakness in internal control over financial
reporting is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected
on a timely basis. Management has identified the following material weaknesses which have caused management to conclude that, as of December
31, 2024, our disclosure controls and procedures were not effective: (i) inadequate segregation of duties and effective risk assessment;
and (ii) insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application
of both US GAAP and SEC guidelines.

Changes in internal controls over financial reporting

There were no changes in our internal control over
financial reporting during the year ended December 31, 2024, that have materially affected, or are reasonably likely to materially affect,
our internal control over financial reporting.

ITEM 9B. OTHER INFORMATION

None.

12

PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE
GOVERNANCE

Our executive officer’s and director’s
and their respective ages as of the date hereof are as follows:

    NAME
     
    AGE
     
    POSITION
  
    Sew Wen Chean (“Joshua”)
     
    44
     
    Chief Executive Officer, Director
  
    Chua Hwee Ping (“Agnes”)
     
    50
     
    Chief Financial Officer, President, Secretary, Treasurer