VCI Global Limited (VCIG) 6-K 19 Aug 24 Report of Foreign Private Issuer Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2024
Document Information Line Items
Entity Registrant Name	VCI Global Limited
Document Type	6-K
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001930510
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity File Number	001-41678

Interim Condensed Consolidated

Interim Condensed Consolidated Statements of Financial Position	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Dec. 31, 2023 USD ($)
Non-current assets
Financial assets measured at fair value through other comprehensive income	RM 44,375,928	$ 9,407,260	RM 38,368,829	$ 8,360,497
Financial assets measured at fair value through profit and loss	74,599	15,814	72,793	15,861
Property and equipment	3,765,783	798,309	3,198,123	696,865
Right-of-use of assets	871,692	184,790	1,203,941	262,337
Intangible assets	7,838,734	1,661,734	4,700,894	1,024,316
Loan receivables	39,239,492	8,318,386	21,198,300	4,619,070
Deferred tax assets	339,650	72,002	339,650	74,009
Total non-current assets	96,505,878	20,458,295	69,082,530	15,052,955
Current assets
Trade and other receivables	142,013,987	30,105,568	28,949,592	6,308,063
Loan receivables	23,538,832	4,990,001	15,378,236	3,350,889
Cash and bank balances	5,872,715	1,244,958	4,637,279	1,010,455
Total Current assets	171,425,534	36,340,527	48,965,107	10,669,407
Total assets	267,931,412	56,798,822	118,047,637	25,722,362
Current Liabilities
Trade and other payables	21,026,860	4,457,488	19,383,929	4,223,722
Warrant Liabilities	7,614,909	1,614,286	1,964,335	428,025
Lease liabilities	638,683	135,395	710,367	154,788
Bank and other borrowings	707,726	150,031	677,277	147,577
Income tax payable	706,171	149,701	251,212	54,739
Total current liabilities	30,694,349	6,506,901	22,987,120	5,008,851
Non-current liabilities
Lease liabilities	265,342	56,250	544,973	118,749
Bank and other borrowings	170,444	36,132	245,322	53,455
Amount due to related parties			1,300,359	283,346
Total non-current liabilities	435,786	92,382	2,090,654	455,550
Total liabilities	31,130,135	6,599,283	25,077,774	5,464,401
Capital and reserves
Share capital	171,586,028	36,374,551	44,009,131	9,589,508
Capital reserve	6,532,560	1,384,838	6,532,560	1,423,433
Fair value reserve	(5,341,945)	(1,132,440)	1,676,880	365,389
Translation reserve	5,488,773	1,163,566	2,696,335	587,526
Retained earnings	64,505,004	13,674,424	42,147,317	9,183,823
Attributable to equity owners of the Company	242,770,420	51,464,939	97,062,223	21,149,679
Non-controlling interests	(5,969,143)	(1,265,400)	(4,092,360)	(891,718)
Total equity	236,801,277	50,199,539	92,969,863	20,257,961
Total equity and liabilities	RM 267,931,412	$ 56,798,822	RM 118,047,637	$ 25,722,362

Interim condensed consolidate_2

Interim condensed consolidated statements of comprehensive income (Unaudited)	6 Months Ended
	Jun. 30, 2024 MYR (RM) RM / shares	Jun. 30, 2024 USD ($) $ / shares	Jun. 30, 2023 MYR (RM) RM / shares	Jun. 30, 2023 USD ($) $ / shares
Profit or loss [abstract]
Revenue	RM 61,483,330	$ 13,033,862	RM 44,463,195	$ 9,525,310
Revenue – related party	3,268,262	692,839
Total revenue	64,751,592	13,726,701	44,463,195	9,525,310
Other income	491,401	104,172	1,054,906	225,992
Cost of services	(3,981,563)	(844,052)	(6,049,234)	(1,295,922)
Depreciation	(510,568)	(108,235)	(274,425)	(58,790)
Directors’ fees	(10,672,584)	(2,262,483)	(5,435,664)	(1,164,477)
Employee benefits expenses	(7,705,426)	(1,633,475)	(7,770,225)	(1,664,608)
Impairment allowance on trade receivables	(368,459)	(78,110)
Rental expenses	(269,160)	(57,059)	(149,951)	(32,124)
Legal and professional fees	(3,531,157)	(748,571)	(1,473,823)	(315,736)
Finance cost	(28,786)	(6,102)	(15,875)	(3,401)
Other operating expenses	(11,935,191)	(2,530,143)	(3,668,557)	(785,912)
Profit before income tax	26,240,099	5,562,643	20,680,347	4,430,332
Income tax expense	(826,402)	(175,189)	(626,143)	(134,138)
Profit for the period	25,413,697	5,387,454	20,054,204	4,296,194
Other comprehensive income/(loss):
Currency translation arising from consolidation			1,272,834	272,678
Fair value adjustment on financial assets measured at fair value through other comprehensive income	(5,536,577)	(1,173,700)
Transfer upon disposal of equity instruments	(7,018,825)	(1,487,922)
Total comprehensive income for the period	12,858,295	2,725,832	21,327,038	4,568,872
Profit attributable to:
Equity owners of the Company	27,909,404	5,916,519	21,203,387	4,542,382
Non-controlling interests	(2,495,707)	(529,065)	(1,149,183)	(246,188)
Total	25,413,697	5,387,454	20,054,204	4,296,194
Total comprehensive income attributable to:
Equity owners of the Company	15,354,002	3,254,897	22,476,221	4,815,060
Non-controlling interests	(2,495,707)	(529,065)	(1,149,183)	(246,188)
Total	RM 12,858,295	$ 2,725,832	RM 21,327,038	$ 4,568,872
Earnings per share - Basic | (per share)	RM 0.36	$ 0.08	RM 0.55	$ 0.12

Interim condensed consolidate_3

Interim condensed consolidated statements of comprehensive income (Unaudited) (Parentheticals)	6 Months Ended
	Jun. 30, 2024 RM / shares	Jun. 30, 2024 $ / shares	Jun. 30, 2023 RM / shares	Jun. 30, 2023 $ / shares
Profit or loss [abstract]
Earnings per share - Diluted | (per share)	RM 0.36	$ 0.08	RM 0.55	$ 0.12

Interim Condensed Consolidate_4

Interim Condensed Consolidated Statements of Changes in Equity (Unaudited)	Share capital MYR (RM)	Capital reserves MYR (RM)	Fair value reserves MYR (RM)	Translation reserves MYR (RM)	Retained earnings MYR (RM)	Total MYR (RM)	Non- controlling interests MYR (RM)	MYR (RM)	USD ($)
Balance at Dec. 31, 2022	RM 13,127,427	RM 6,532,560			RM 6,255,851	RM 25,915,838	RM (1,641,324)	RM 24,274,514
Profit for the period					21,203,387	21,203,387	(1,149,183)	20,054,204	$ 4,296,194
Foreign exchange reserves			1,272,834			1,272,834		1,272,834
Total comprehensive income for the period			1,272,834		21,203,387	22,476,221	(1,149,183)	21,327,038
Proceed from IPO	16,939,389					16,939,389		16,939,389
Share-swap	7,002,234					7,002,234		7,002,234
Balance at Jun. 30, 2023	37,069,050	6,532,560	1,272,834		27,459,238	72,333,682	(2,790,507)	69,543,175
Balance at Jun. 30, 2024	171,586,028	6,532,560	(5,341,945)	5,488,773	64,505,004	242,770,420	(5,969,143)	236,801,277	50,199,539
Balance at Dec. 31, 2023	44,009,131	6,532,560	1,676,880	2,696,335	42,147,317	97,062,223	(4,092,360)	92,969,863	20,257,961
Profit for the period					27,909,404	27,909,404	(2,495,707)	25,413,697	5,387,454
Fair value gain on financial assets, at fair value through other comprehensive income			(7,018,825)			(7,018,825)		(7,018,825)
Transfer upon disposal of equity instruments					(5,536,577)	(5,536,577)		(5,536,577)
Foreign exchange reserves				2,792,438	(15,140)	2,777,298		2,777,298
Total comprehensive income for the period			(7,018,825)	2,792,438	22,357,687	18,131,300	(2,495,707)	15,635,593
Increase in non-controlling interest							618,924	618,924
Issuance of share capital	127,576,897					127,576,897		127,576,897
Balance at Jun. 30, 2024	RM 171,586,028	RM 6,532,560	RM (5,341,945)	RM 5,488,773	RM 64,505,004	RM 242,770,420	RM (5,969,143)	RM 236,801,277	$ 50,199,539

Interim Condensed Consolidate_5

Interim Condensed Consolidated Statements of Cash Flows (Unaudited)	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)	Jun. 30, 2023 USD ($)
Operating activities
Profit before income tax	RM 26,240,099	$ 5,562,643	RM 20,680,347	$ 4,430,332
Adjustments for:
Impairment allowance of trade receivables	368,459	78,110
Reversal on impairment allowance of trade receivable	(64,384)	(13,649)
Bad debt written-off	889	189
Unrealised foreign exchange loss/(gain)	(95,198)	(20,182)	805,197	172,498
Depreciation of property and equipment	178,319	37,802	115,727	24,792
Depreciation of ROU	332,249	70,433	158,698	33,998
Share based payment – Director fees	5,969,038	1,265,377
Gain on disposal of investment			(780,319)	(167,167)
Interest expense	28,786	6,102	15,875	3,401
Interest income	(3,771)	(799)	(942)	(202)
Operating cash flow before movement in working capital	32,954,486	6,986,026	20,994,583	4,497,652
Trade and other receivables	(27,164,496)	(5,758,606)	(40,216,809)	(8,615,611)
Loan receivables	(26,570,247)	(5,632,631)
Trade and other payables	1,642,931	348,285	2,551,187	546,538
Cash used in operations	(19,137,326)	(4,056,926)	(16,671,039)	(3,571,421)
Interest received
Income tax paid	(371,443)	(78,742)	(509,142)	(109,073)
Net cash used in operating activities	(19,508,769)	(4,135,668)	(17,180,181)	(3,680,494)
Investing activities
Purchase of property and equipment	(746,681)	(158,289)	(645,919)	(138,375)
Purchase of intangible assets	(3,137,840)	(665,191)
Interest received	3,771	799	942	202
Acquisition of financial assets measured at fair value through other comprehensive income	(26,888,040)	(5,700,000)
Proceeds from disposal of financial assets measured at fair value through other comprehensive income	9,011,505	1,910,350	13,600,066	2,913,530
Net cash used in investing activities	(21,757,285)	(4,612,331)	12,955,089	2,775,357
Financing activities
Proceeds from issuance of share capital	30,527,043	6,471,433
Proceeds from initial public offering, net of issuance costs			17,457,899	3,739,990
Proceeds from following public offering, net of issuance costs	10,915,837	2,314,050
Interest paid	(28,786)	(6,102)	(15,875)	(3,401)
Repayment of other borrowings	(77,519)	(16,433)	(101,132)	(21,665)
Advance to related parties	(1,300,359)	(275,663)	(1,568,941)	(336,113)
Repayment of operating lease	(318,225)	(67,461)	(159,371)	(34,142)
Contribution from non-controlling interest	618,924	131,206
Net cash generated from financing activities	40,336,915	8,551,030	15,612,580	3,344,669
Net decrease in cash and cash equivalents	(929,139)	(196,969)	11,387,488	2,439,532
Effect of foreign exchange	2,164,575	431,472	(54,622)	(11,702)
Cash and bank balances at beginning of the period	4,637,279	1,010,455	3,995,995	856,058
Cash and bank balances at end of the period	RM 5,872,715	$ 1,244,958	RM 15,328,861	$ 3,283,888

Organization and Principal Acti

Organization and Principal Activities	6 Months Ended
	Jun. 30, 2024
Organization and Principal Activities [Abstract]
ORGANIZATION AND PRINCIPAL ACTIVITIES	1 ORGANIZATION AND PRINCIPAL ACTIVITIES Organization and reorganization VCI Global Limited was incorporated in the British Virgin Islands on April 29, 2020. The registered office of the Company is situated at Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, British Virgin Islands. The principal place of business of the Company is situation at B03-C-8, Menara 3A, KL Eco City, No.3 Jalan Bangsar, 59200 Kuala Lumpur, Malaysia. The Group structure which represents the operating subsidiaries and dormant companies as the reporting date is as follow: The Company and its subsidiaries are in the table as follows: Percentage of effective ownership Name Date of June 30, December 31, Place of Principal % % VCI Global Limited 29.04.2020 100 100 British Virgin Island Holding company VCI Technologies Limited 13.05.2024 100 - British Virgin Island Dormant V Capital Real Estate Limited 08.02.2024 100 - British Virgin Island Dormant V Capital Consulting Limited 01.03.2016 100 100 British Virgin Island Holding company, provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory VCI Global Brands Limited (formerly known as VCIG Limited) 29.04.2020 100 100 British Virgin Island Dormant V Capital Kronos Berhad 01.09.2020 100 100 Malaysia Holding company VCI Energy Sdn Bhd (formerly known as TGI V Sdn Bhd) 12.11.2021 100 100 Malaysia Dormant V Galactech Sdn Bhd 12.01.2022 100 100 Malaysia Provision of information technology development V Capital Venture Sdn Bhd 19.08.2014 100 100 Malaysia Provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory Accuventures Sdn Bhd 22.06.2015 100 100 Malaysia Provision of technology development, computer software programming and holding company. Credilab Sdn Bhd 26.10.2020 100 100 Malaysia Carry on licensed money lending activities, consulting, information technology development, and computer software programming VCI Wootzano Robotics Sdn Bhd (formerly known as V Capital Robotics Sdn Bhd) 12.10.2021 100 100 Malaysia Dormant Imej Jiwa Communications Sdn Bhd 29.10.2012 100 100 Malaysia Provision of investor relation consultation services. V Capital Quantum Sdn Bhd 18.01.2018 100 100 Malaysia Provision of information technology development, business consultancy services and holding company. AB Management and Consultancy Services Sdn Bhd 05.04.2020 93.3 80 Malaysia Holding company Elmu V Sdn Bhd 18.05.2021 69.2 69.2 Malaysia Education and training services Elmu Education Group Sdn Bhd 03.12.2020 56 56 Malaysia Education and training services Elmu Higher Education Sdn Bhd 24.05.2021 56 56 Malaysia Education and training services V Capital Real Estate Sdn Bhd 05.07.2021 100 100 Malaysia Provision of consultancy services in relation to real estate V Capital Advisory Sdn Bhd 12.02.2018 100 100 Malaysia Provision of corporate and business advisory in relation to corporate listing exercise, equity investment, corporate restructuring, merger and acquisition and corporate finance. Generative AI Sdn Bhd 21.07.2023 100 100 Malaysia Provision of Artificial Intelligence, image processing, communication, networking, & process control software services.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principal activities The Company is a holding company. The principal activities of the Company and its subsidiaries (collectively referred to as the “Company” or “the Group”) are the provision of business strategy consultancy and technology development solution consultancy. The Company is headquartered in Malaysia and conducts its primary operations through its significant direct and indirectly held subsidiaries that are incorporated and domiciled in Malaysia, namely V Capital Kronos Berhad, V Capital Quantum Sdn. Bhd., and V Capital Consulting Limited where was incorporated in the British Virgin Islands. BASIS OF ACCOUNTING The unaudited interim condensed consolidated financial statements have been prepared in accordance with the historical cost basis, except as disclosed in the accounting policies below, and are drawn up in accordance with the provisions of the International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). Historical cost is generally based on the fair value of the consideration given in exchange for goods and services. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, regardless of whether that price is directly observable or estimated using another valuation technique. In estimating the fair value of an asset or a liability, the Company takes into account the characteristics of the asset or liability which market participants would take into account when pricing the asset or liability at the measurement date. Fair value for measurement and/or disclosure purposes in these financial statements is determined on such a basis. In addition, for financial reporting purposes, fair value measurements are categorised into Level 1, 2 or 3 based on the degree to which the inputs to the fair value measurements are observable and the significance of the inputs to the fair value measurement in its entirety, which are described as follows: ● Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date; ● Level 2 inputs are inputs, other than quoted prices included within Level 1, that are observable for the asset or liability, either directly or indirectly; and ● Level 3 inputs are unobservable inputs for the asset or liability. BASIS OF CONSOLIDATION (a) Consolidation As the Group were under same control of the controlling shareholders and their entire equity interests were also ultimately held by the controlling shareholders immediately prior to the group reorganization, the unaudited interim condensed consolidated statements of profit or loss and other comprehensive income, unaudited interim condensed consolidated statements of changes in equity and unaudited interim condensed consolidated statements of cash flows statements are prepared as if the current group structure had been in existence throughout the two-year period ended June 30, 2024, or since the respective dates of incorporation/establishment of the relevant entity, where this is a shorter period. The unaudited interim condensed consolidated statements of financial position as at June 30, 2023 and 2024 present the assets and liabilities of the aforementioned companies now comprising the Group which had been incorporated/established as at the relevant balance sheet date as if the current group structure had been in existence at those dates based on the same control aforementioned. The Group eliminates all significant intercompany balances and transactions in its unaudited interim condensed consolidated financial statements. Subsidiary corporations are all entities (including structured entities) over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiary corporations are fully consolidated from the date on which control is transferred to the Group. They are deconsolidated from the date that control ceases. In preparing the unaudited interim condensed consolidated financial statements, transactions, balances and unrealized gains on transactions between group entities are eliminated. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment indicator of the transferred asset. Accounting policies of subsidiary corporations have been changed where necessary to ensure consistency with the policies adopted by the Group. Non-controlling interests comprise the portion of a subsidiary corporation’s net results of operations and its net assets, which is attributable to the interests that are not owned directly or indirectly by the equity holders of the Company. They are shown separately in the unaudited interim condensed consolidated statements of comprehensive income, statements of changes in equity, and statements of financial position. Total comprehensive income is attributed to the non-controlling interests based on their respective interests in a subsidiary, even if this results in the non-controlling interests having a deficit balance. Acquisition of entities under an internal reorganization scheme does not result in any change in economic substance. Accordingly, the unaudited interim condensed consolidated financial statements of the Group are a continuation of the acquired entities and is accounted for as follows: (i) The results of entities are presented as if the internal reorganization occurred from the beginning of the earliest period presented in the financial statements; (ii) The Group will consolidate the assets and liabilities of the acquired entities at the pre-combination carrying amounts. No adjustments are made to reflect fair values, or recognize any new assets or liabilities, at the date of the internal reorganization that would otherwise be done under the acquisition method; and (iii) No new goodwill is recognized as a result of the internal reorganization. The only goodwill that is recognized is the existing goodwill relating to the combining entities. Any difference between the consideration paid/transferred and the equity acquired is reflected within equity as merger reserve or deficit. (b) Acquisitions The acquisition method of accounting is used to account for business combinations entered into by the Group. The consideration transferred for the acquisition of a subsidiary corporation or business comprises the fair value of the assets transferred, the liabilities incurred, and the equity interests issued by the Group. The consideration transferred also includes any contingent consideration arrangement and any pre-existing equity interest in the subsidiary measured at their fair values at the acquisition date. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are, with limited exceptions, measured initially at their fair values at the acquisition date. On an acquisition-by-acquisition basis, the Group recognizes any non-controlling interest in the acquiree at the date of acquisition either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets. The excess of (a) the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previous equity interest in the acquiree over the (b) fair value of the identifiable net assets acquired is recorded as goodwill. (c) Disposals When a change in the Group’s ownership interest in a subsidiary corporation result in a loss of control over the subsidiary corporation, the assets and liabilities of the subsidiary corporation including any goodwill are derecognized. Amounts previously recognized in other comprehensive income in respect of that entity are also reclassified to profit or loss or transferred directly to retained earnings if required by a specific Standard. Any retained equity interest in the entity is remeasured at fair value. The difference between the carrying amount of the retained interest at the date when control is lost, and its fair value is recognized in profit or loss. (d) Transactions with non-controlling interests Changes in the Group’s ownership interest in a subsidiary corporation that do not result in a loss of control over the subsidiary corporation are accounted for as transactions with equity owners of the Company. Any difference between the change in the carrying amounts of the non-controlling interest and the fair value of the consideration paid or received is recognized within equity attributable to the equity holders of the Company. CONVENIENCE TRANSLATION Translations of amounts in the unaudited interim condensed consolidated statement of financial position, unaudited interim condensed consolidated statements of profit or loss and other comprehensive income, and unaudited interim condensed consolidated statement of cash flows from RM into USD as of and for the year ended June 30, 2024 are solely for the convenience of the reader and were calculated at the noon buying rate of USD1 RM4.7172 FINANCIAL ASSETS (a) Classification and measurement The Group classifies its financial assets at fair value through other comprehensive income, fair value through profit and loss and amortized cost. The classification depends on the Group’s business model for managing the financial assets as well as the contractual terms of the cash flows of the financial assets. Financial assets at fair value through other comprehensive income (“FVTOCI”) are equity securities which are not held for trading but more for strategic investments or debt securities where contractual cash flows are solely principal and interest and the objective of the Group’s business model is achieved both by collecting contractual cash flow and selling financial assets. On initial recognition, the Group may make an irrevocable election (on an instrument-by-instrument basis) to designate investments in equity instruments as at FVTOCI. Designation at FVTOCI is not permitted if the equity investment is held for trading or if it is contingent consideration recognised by an acquirer in a business combination. Investments in equity instruments as at FVTOCI are initially measured at fair value plus transaction costs. Subsequently, they are measured at fair value with gains and losses arising from changes in fair value recognised in other comprehensive income (“OCI”) and accumulated in the retained earnings. The cumulative gain or loss will not be reclassified to profit or loss on disposal of the equity investments, and will be transferred to retained earnings. The Group reclassifies debt instruments when and only when its business model for managing those assets changes. At subsequent measurement - Debt instrument Debt instruments mainly comprise of cash and cash equivalents and other receivables (excluding prepayments). Debt instruments that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortized cost. A gain or loss on a debt instrument that is subsequently measured at amortized cost and is not part of a hedging relationship is recognized in profit or loss when the asset is derecognized or impaired. Interest income from these financial assets is included in interest income using the effective interest rate method. (b) Recognition and derecognition Regular way purchases and sales of financial assets are recognized on trade date – the date on which the Group commits to purchase or sell the asset. Financial assets are derecognized when the rights to receive cash flows from the financial assets have expired or have been transferred and the Group has transferred substantially all risks and rewards of ownership. On disposal of a debt instrument, the difference between the carrying amount and the sale proceeds is recognized in profit or loss. FINANCIAL LIABILITIES AND EQUITY INSTRUMENTS Classification as debt or equity Debt and equity instruments issued by the Group are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. Equity instruments An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by the Group are recognised at the proceeds received, net of direct issue costs. Financial liabilities Except for derivative financial instruments which are stated at fair value through profit or loss, all other financial liabilities are subsequently measured at amortised cost using the effective interest method. The effective interest method is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or (where appropriate) a shorter period, to the amortised cost of a financial liability. Derecognition of financial liabilities The Group derecognises financial liabilities when, and only when, the Group’s obligations are discharged, cancelled or expired. The difference between the carrying amount of the financial liability derecognised and the consideration paid and payable, including any non-cash assets transferred or liabilities assumed, is recognised in profit or loss. Offsetting financial instruments Financial assets and liabilities are offset, and the net amount reported in the balance sheet when there is a legally enforceable right to offset and there is an intention to settle on a net basis or realize the asset and settle the liability simultaneously. PROPERTY AND EQUIPMENT (a) Measurement (i) Property and equipment Property and equipment are initially recognized at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses. (ii) Components of costs The cost of an item of property and equipment initially recognized includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. (b) Depreciation Depreciation on other items of property and equipment is calculated using the straight-line method to allocate their depreciable amounts over their estimated useful lives as followed; Office renovation - 10 years Office equipment - 5 years Furniture and fittings - 5 years Electrical and fittings - 10 years Right of use asset - premise - 3 years Right of use asset – motor vehicles - 10 years Work-in-progress is not depreciated as these assets are not yet in use as at the end of the financial year. The residual values estimated useful lives and depreciation method of property and equipment are reviewed, and adjusted as appropriate, at each balance sheet date. The effects of any revision are recognized in profit or loss when the changes arise. (c) Subsequent expenditure Subsequent expenditure relating to property and equipment that has already been recognized is added to the carrying amount of the asset only when it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably. All other repair and maintenance expenses are recognized in profit or loss when incurred. (d) Disposal On disposal of an item of property and equipment, the difference between the disposal proceeds and its carrying amount is recognized in profit or loss. INTANGIBLE ASSETS Software development costs are recognised in profit or loss as incurred. An intangible asset arising from development is recognised when the following criteria are met: ● it is technically feasible to complete the intangible asset so that it will be available for use or sale; ● management intends to complete the intangible asset and use or sell it; ● there is an ability to use or sell the asset; ● it can be demonstrated how the intangible asset will generate future economic benefits; ● adequate resources to complete the development and to use or sell the intangible asset are available; and ● the expenditures attributable to the intangible asset during its development can be reliably measured. Other development costs that do not meet these criteria are recognised in profit or loss as incurred. Development costs previously recognised as an expense are not recognised as an intangible asset in a subsequent period. Capitalised development costs are measured at cost less accumulated amortisation and accumulated impairment losses. The policy for the recognition and measurement of impairment losses is in accordance with Impairment of Non-Financial Assets. Software development costs are amortised on straight-line basis based on the estimated useful lives of three to five years. The useful lives and amortisation methods are reviewed at the end of each reporting period. TRADE AND OTHER RECEIVABLES A receivable is recognised when the Group has an unconditional right to receive consideration. A right to receive consideration is unconditional if only the passage of time is required before payment of that consideration is due. If revenue has been recognised before the Group has an unconditional right to receive consideration, the amount is presented as a contract asset. Trade receivables that do not contain a significant financing component are initially measured at their transaction price. Trade receivables that contain a significant financing component and other receivables are initially measured at fair value plus transaction costs. All receivables are subsequently stated at amortised cost, using the effective interest method and including an allowance for credit losses. IMPAIRMENT OF NON-FINANCIAL ASSETS Property and equipment are tested for impairment whenever there is any objective evidence or indication that these assets may be impaired. For the purpose of impairment testing, the recoverable amount (i.e., the higher of the fair value less cost to sell and the value-in-use) is determined on an individual asset basis unless the asset does not generate cash inflows that are largely independent of those from other assets. If this is the case, the recoverable amount is determined for the Cash Generating units (“CGU”) to which the asset belongs. If the recoverable amount of the asset (or CGU) is estimated to be less than its carrying amount, the carrying amount of the asset (or CGU) is reduced to its recoverable amount. The difference between the carrying amount and recoverable amount is recognized as an impairment loss in profit or loss. An impairment loss for an asset is reversed if, and only if, there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. The carrying amount of this asset is increased to its revised recoverable amount, provided that this amount does not exceed the carrying amount that would have been determined (net of any accumulated amortization or depreciation) had no impairment loss been recognized for the asset in prior years. A reversal of impairment loss for an asset other than goodwill is recognized in profit or loss. TRADE AND OTHER PAYABLES Trade and other payables represent liabilities for goods and services provided to the Group prior to the end of financial year which are unpaid. They are classified as current liabilities if payment is due within one year or less (or in the normal operating cycle of the business if longer). Otherwise, they are presented as non-current liabilities. Trade and other payables are initially recognized at fair value, and subsequently carried at amortized cost using the effective interest method. CONTRACT LIABILITIES A contract liability is recognised when the customer pays non-refundable consideration before the Group recognises the related revenue. A contract liability would also be recognised if the Group has an unconditional right to receive non-refundable consideration before the Group recognises the related revenue. In such cases, the corresponding receivable would also be recognised. Contract liabilities are recognized as revenue when the Group satisfies its performance obligation. BANK AND OTHER BORROWINGS Borrowings are presented as current liabilities unless the Group has an unconditional right to defer settlement for at least 12 months after the balance sheet date, in which case they are presented as non-current liabilities. (a) Borrowings - (b) Borrowing costs - All other borrowing costs are recognised in profit or loss in the period in which they are incurred. LEASES When the Group is the lessee At the inception of the contract, the Group assesses if the contract contains a lease. A contract contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Reassessment is only required when the terms and conditions of the contract are changed. ● Right-of-use assets The Group recognizes a right-of-use asset and lease liability at the date which the underlying asset is available for use. Right-of-use assets are measured at cost which comprises the initial measurement of lease liabilities adjusted for any lease payments made at or before the commencement date and lease incentive received. Any initial direct costs that would not have been incurred if the lease had not been obtained are added to the carrying amount of the right- of-use assets. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. ● Lease liabilities The initial measurement of a lease liability is measured at the present value of the lease payments discounted using the implicit rate in the lease, if the rate can be readily determined. If that rate cannot be readily determined, the Group shall use its incremental borrowing rate. Lease payments include the following: - Fixed payment (including in-substance fixed payments), less any lease incentives receivables; - Variable lease payment that are based on an index or rate, initially measured using the index or rate as at the commencement date; - Amount expected to be payable under residual value guarantees; - The exercise price of a purchase option if is reasonably certain to exercise the option; and - Payment of penalties for terminating the lease, if the lease term reflects the Group exercising that option. For contracts that contain both lease and non-lease components, the Group allocates the consideration to each lease component on the basis of the relative stand-alone price of the lease and non-lease component. The Group has elected to not separate lease and non-lease component for property leases and account these as one single lease component. Lease liability is measured at amortized cost using the effective interest method. Lease liability shall be remeasured when: - There is a change in future lease payments arising from changes in an index or rate; - There is a change in the Group’s assessment of whether it will exercise an extension option; or - There is modification in the scope or the consideration of the lease that was not part of the original term. Lease liability is remeasured with a corresponding adjustment to the right-of-use assets, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. ● Short-term and low-value leases The Group has elected to not recognized right-of-use assets and lease liabilities for short-term leases that have lease terms of 12 months or less and leases of low-value leases. Lease payments relating to these leases are expensed to profit or loss on a straight-line basis over the lease term. ● Variable lease payments Variable lease payments that are not based on an index or a rate are not included as part of the measurement and initial recognition of the lease liability. The Group shall recognize those lease payments in profit or loss in the periods that triggered those lease payments. EMPLOYEE BENEFITS Employee benefits are recognized as an expense, unless the cost qualifies to be capitalized as an asset. (a) Defined contribution plans Defined contribution plans are post-employment benefit plans under which the Group pays fixed contributions into separate entities such as the Employees Provident Fund on a mandatory, contractual or voluntary basis. The Group has no further payment obligations once the contributions have been paid. (b) Employee leave entitlement Employee entitlements to annual leave are recognized when they accrue to employees. A provision is made for the estimated liability for annual leave as a result of services rendered by employees up to the balance sheet date. PROVISIONS Provisions are recognised when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that the Group will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows. When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, the receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably. REVENUE RECOGNITION Revenue is recognised to depict the transfer of promised services to clients at an amount that reflects the consideration to which an entity expects to be entitled in exchange for those services. Specifically, the Group uses a five-step approach to recognise revenue: ● Step 1: Identify the contract(s) with a client ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognise revenue when (or as) the Group satisfies a performance obligation The Group recognises revenue when (or as) a performance obligation is satisfied, i.e., when “control” of the services underlying the particular performance obligations is transferred to clients. A performance obligation represents a service (or a bundle of services) that is distinct or a series of distinct services that are substantially the same. Control is transferred overtime and revenue is recognised overtime by reference to the progress towards complete satisfaction of the relevant performance obligation if one of the following criteria is met: ● the client simultaneously receives and consumes the benefits provided by the Group’s performance as the Group performs; ● the Group’s performance creates or enhances an asset that the client controls as the asset is created or enhanced; or ● the Group’s performance does not create an asset with an alternative use to the Group and the Group has an enforceable right to payment for performance completed to date. Otherwise, revenue is recognised at a point in time when the customer obtains control of the distinct service. a) Business Strategy Consultancy Business strategy consultancy services primarily included listing advisory and solutions, investors relations and boardroom strategies consultancy. The revenues generated from business strategy consultancy services are generally based on the fixed fee billing arrangements that require the clients to pay a pre-established fee in exchange for a predetermined set of professional services. The clients agree to pay a fixed fee periodically over the contract terms as specified in the service agreements. Our contracts from business strategy consultancy are typically less than a year in duration. Revenues are generally recognised over time. When contractual billings represent an amount that corresponds directly with the value provided to the client, revenues are recognised as amount become billable in accordance with the contract terms. Revenues from fixed-priced contracts are generally recognised using costs incurred to date relative to total estimated costs at completion to measure progress toward satisfying the Company performance obligations. Incurred cost represents work performed, which corresponds with, and thereby best depicts, the transfer of control to client. b) Technology Development, Solutions and Consultancy Technology development, solutions and consultancy primarily included digital development, fintech solution and software solutions. Technology Development The contract is typically fixed priced and does not provide any post contract client support or upgrades. The Group designs system based on clients’ specific needs which require the Group to perform services including design/redesign, development, and integration. These services also require significant customization. Upon delivery of the services, client acceptance is generally required. The Group assesses that software development services is considered as a performance obligation. The duration of the development period is usually six months to two years. The Group’s system development service revenues are generated primarily from contracts with clients across sectors. The contracts contain negotiated billing terms which generally include multiple payment phases throughout the contract term and a portion of contract amount usually is billed upon the completion of the related projects. Pursuant to the contract terms, the Group has enforceable right on payments for the work performed. The Group’s revenue from technology development contracts is generally recognized over time. The Group uses an input method based on cost incurred as the Group believes that this method most accurately reflects the Group’s progress toward satisfaction of the performance obligation, which usually takes six months to two years. Under this method, the Group could appropriately measure the fulfilment of a performance obligation. Assumptions, risks, and uncertainties inherent in the estimates used to measure progress could affect the amount of revenues, receivables, and deferred revenues at each reporting period. Solutions and Consultancy Revenue from solutions and consulting services is primarily comprised of fixed-fee contracts, which require the Group to provide professional solutions and consulting services over contract terms beginning on the commencement date of each contract, which is the date its service is made available to clients. Billings to the clients are generally on a monthly or quarterly basis over the contract term, which is typically 6 to 12 months. The solutions and consulting services contracts typically include a single performance obligation. The revenue from solutions and consulting services is recognized over the contract term. c) Interest income Interest income is received from the money lending other entities and individuals. Interest income is recognised on a time-proportion basis using the effective interest method. When a receivable is impaired, the Group reduces the carrying amount to its recoverable amount, being the estimated future cashflow discounted at original effective interest rate of the instrument, and thereafter amortising the discount as interest income. CASH AND CASH EQUIVALENTS For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents include cash on hand, deposits with financial institutions which are subject to an insignificant risk of change in value. SHARE CAPITAL Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of new ordinary shares are deducted against the share capital account. INCOME TAX Current income tax for current and prior periods is r

Critical Accounting Judgements

Critical Accounting Judgements and Key Sources of Estimation Uncertainty	6 Months Ended
	Jun. 30, 2024
Critical Accounting Judgements and Key Sources of Estimation Uncertainty [Abstract]
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY	3 CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY In the application of the Group’s accounting policies, which are described in Note 2 to the financial statements, management is required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods. Critical judgements in applying the Group’s accounting policies There are no critical judgements, apart from those involving estimation (see below) that the management has made in the process of applying the Group’s accounting policy and that has the most significant effect on the amounts recognised in the financial statements. Key sources of estimation uncertainty The key assumptions concerning the future and other key sources of estimation uncertainty at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are disclosed below: Fair value measurement of unquoted shares (Note 4 & 5) In determining the fair value of the unquoted shares, the Group relies on the net asset values of the investee companies or independent valuation report. The availability of observable inputs can vary from investment to investment. For certain investments classified under Level 3 of the fair value hierarchy, the valuation could be based on models or inputs that are less observable or unobservable in the market and the determination of the fair values require significant judgement. Those estimated values do not necessarily represent the amounts that may be ultimately realized due to occurrence of future events which could not be reasonably determined as at the balance sheet date. Provision for ECL for trade and loan receivables The Group uses a provision matrix to calculate ECLs for trade and loan receivables. The provision rates are based on days past due for groupings of various customer segments that have similar loss patterns. The provision matrix is initially based on the Group’s historical observed default rates. The Group will calibrate the matrix to adjust historical credit loss experience with forward- looking information. At every reporting date, historical default rates are updated and changes in the forward-looking estimates are analysed. The assessment of the correlation between historical observed default rates, forecast economic conditions and ECLs is a significant estimate. The amount of ECLs is sensitive to changes in circumstances and of forecast economic conditions. The Group’s historical credit loss experience and forecast of economic conditions may also not be representative of customer’s actual default in the future. The information about the ECLs on the Group’s trade and loan receivables is disclosed in Note 11 and Note 12. Depreciation of plant and equipment The Group depreciates plant and equipment over their estimated useful lives after taking into account their estimated residual values. The estimated useful life reflects management’s estimate of the period that the Group intends to derive future economic benefits from the use of the Group’s plant and equipment. Changes in the expected level of usage and technological developments could affect the economics, useful lives and the residual values of these assets which could then consequentially impact future depreciation charges. The carrying amount of the Group’s plant and equipment as at June 30, 2024 are RM 3,765,783 (December 31, 2023: RM 3,198,123).

Financial Assets Measured at Fa

Financial Assets Measured at Fair Value Through Other Comprehensive Income	6 Months Ended
	Jun. 30, 2024
Financial Assets Measured at Fair Value Through Other Comprehensive Income [Abstract]
FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME	4 FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME December 31, June 30, RM RM USD At beginning of year 12,819,747 38,368,829 8,133,814 Addition 50,492,301 26,888,040 5,700,000 Disposal (27,423,012 ) (14,548,082 ) (3,084,050 ) Fair value adjustment 2,378,581 (7,018,825 ) (1,487,922 ) Currency realignment 101,212 685,966 145,418 At end of year 38,368,829 44,375,928 9,407,260 VCI Global Limited and Subsidiaries Interim condensed consolidated financial statements (unaudited) December 31, June 30, RM RM USD Listed equity security - Treasure Global Inc. 36 13 3 - YY Group Holding Limited - 2,449,441 519,257 36 2,449,454 519,260 Unlisted equity securities - Sagtec Global Limited 7,746,738 7,962,634 1,688,000 - YY Group Holding Limited 23,738,105 - - - GlobexUS Holdings Corp 6,883,950 7,075,800 1,500,000 - Fintech Scion Limited - 26,888,040 5,700,000 38,368,793 41,926,474 8,888,000 38,368,829 44,375,928 9,407,260 Quoted shares As of December 31, 2022, quoted investment in shares measured at FVTOCI related to an equity interest of 14.55% in Treasure Global Inc (“TGL”), an entity that is listed on the Nasdaq Stock Market. In January 2023, the Company has disposed all of its 14.55% shareholdings in TGL shares. In April 2024, YY Group Holding Limited successfully listed on the Nasdaq Stock Market. Unquoted shares In May 2023, the Company acquired 500 ordinary shares from Globexus Holding Corp via a share-swap arrangement, valued at USD 1,500,000. In October 2023, the Company received a total of 800,000 ordinary shares from Sagtec Global Limited as part of the consideration for the Company’s business consultancy services rendered valued at USD 1,600,000. In December 2023, the Company acquired approximately 4.9% or 1,631,700 ordinary shares in YY Group Holding Limited, an entity incorporated in British Virgin Islands, valued at USD 4,895,100. As of June 30, 2024, the Company disposed a total of 1,000,000 of ordinary share in YY Group Holding Limited to a third party. As at the end of the reporting period, the outstanding balance due from the third party is included in other receivables (Note 11). As of June 30, 2024, the fair value of certain unquoted investments was determined by the Group using a third-party independent valuation firm not connected to the Group using the income approach - discounted cash flow and market approach – price earnings approach. The Group takes full responsibility for the determination of the value of the unquoted investment. The significant unobservable inputs used in the fair value measurements categorized within Level 3 of the fair value hierarchy, together with a quantitative sensitivity analysis as of June 30, 2024 are shown below: Revenue growth rate A decrease in revenue growth rate would result in a decrease in fair value. Weighted Average Cost of Capital (“WACC”) An increase in WACC would result in a decrease in fair value. Price Earnings (“P/E”) Multiples A decrease in P/E would result in decrease in the fair value. Discount for lack of marketability (“DLOM”) An increase in DLOM would result in a decrease in fair value.

Financial Assets Measured at _2

Financial Assets Measured at Fair Value Through Profit and Loss	6 Months Ended
	Jun. 30, 2024
Financial Assets Measured at Fair Value Through Profit and Loss [Abstract]
FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT AND LOSS	5 FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT AND LOSS December 31, June 30, RM RM USD Unquoted shares: At beginning of year 72,295 72,793 15,431 Addition - - - Disposal - - - Currency realignment 498 1,806 383 At end of year 72,793 74,599 15,814 Unquoted shares Included in the unquoted shares are investment in the following: ● 5% (2022: 5%) equity interest in Zero Carbon Farms Ltd, an entity incorporated in United Kingdom. ● 0.1% (2022: 0.1%) equity interest in Unique Fire Holdings Berhad, an entity incorporated in Malaysia. The above valuations are categorised under Level 3 of the fair value hierarchy, and are generally sensitive to the unobservable inputs. Any increase or decrease in transacted price would result in an increase or decrease in the fair value of the unquoted investments. Any significant movement in inputs would result in a significant change to the fair value of the unquoted investment. There are no transfers between Levels 1 and 2 and into or out of Level 3 during the year.

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	6 PROPERTY, PLANT AND EQUIPMENT Office Fixtures and fittings Office renovations Computer & software Renovation in progress Total RM RM RM RM RM RM Cost As of December 31, 2022 185,085 260,803 1,323,962 127,650 - 1,897,500 Additions 122,994 100,698 818,044 207,862 713,259 1,962,857 Disposals (3,470 ) - - (7,097 ) - (10,567 ) Currency alignment - 4 1,919 - - 1,923 As of December 31, 2023 304,609 361,505 2,143,925 328,415 713,259 3,851,713 Additions 117,889 3,603 88,536 44,550 492,103 746,681 Disposals - - - - - - As of June 30, 2024 422,498 365,108 2,232,461 372,965 1,205,362 4,598,394 Accumulated depreciation As of December 31, 2022 35,789 71,458 184,461 54,213 - 345,921 Depreciation for the period 26,584 66,251 185,418 39,855 - 318,108 Disposals (3,470 ) - - (7,097 ) - (10,567 ) Written off - 8 120 - - 128 As of December 31, 2023 58,903 137,717 369,999 86,971 - 653,590 Depreciation for the period 13,235 31,672 103,925 29,487 - 178,319 Adjustments Effect of foreign exchange - 2 700 - - 702 Disposals As of June 30, 2024 72,138 169,391 474,624 116,458 - 832,611 Carrying amounts As of December 31, 2023 245,706 223,788 1,773,926 241,444 713,259 3,198,123 As of June 30, 2024 350,360 195,717 1,757,837 256,507 1,205,362 3,765,783 As of June 30, 2024 (USD) 74,273 41,490 372,644 54,377 255,525 798,309

Right-of-Use Assets

Right-of-Use Assets	6 Months Ended
	Jun. 30, 2024
Right-of-Use Assets [Abstract]
RIGHT-OF-USE ASSETS	7 RIGHT-OF-USE ASSETS Office Motor vehicles Total RM RM RM Cost At January 1, 2023 952,191 - 952,191 Additions 639,093 275,542 914,635 At December 31, 2023 1,591,284 275,542 1,866,826 Additions - - - At June 30, 2024 1,591,284 275,542 1,866,826 Accumulated depreciation At January 1, 2023 238,048 - 238,048 Charges 397,283 27,554 424,837 At December 31, 2023 635,331 27,554 662,885 Charges 318,472 13,777 332,249 At June 30, 2024 953,803 41,331 995,134 Carrying amount: At December 31, 2023 955,953 247,988 1,203,941 At June 30, 2024 637,481 234,211 871,692 At June 30, 2024 (USD) 135,140 49,650 184,790 Included in the addition of right-of-use assets is cash outflow amounted to RM28,542

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2024
Intangible Assets [Abstract]
INTANGIBLE ASSETS	8 INTANGIBLE ASSETS December 31, June 30, RM RM USD Cost At January 1 - 4,700,894 1,024,316 Additions 4,700,894 3,009,940 638,078 Currency realignment - 127,900 27,113 Effect of foreign exchange - - (27,773 ) At December 31 4,700,894 7,838,734 1,661,734 The Group’s intangible assets mainly pertain to an artificial intelligence powered travel platform software and software packages involved in intelligent sales management platform, retain management system, lending management system and donation management system. Included in the additions of intangible assets during the financial year are as follows: December 31, June 30, RM RM USD Salaries and related costs - Staff 111,594 162,394 34,426

Deferred Tax Assets

Deferred Tax Assets	6 Months Ended
	Jun. 30, 2024
Deferred Tax Assets [Abstract]
DEFERRED TAX ASSETS	9 DEFERRED TAX ASSETS The following are the major deferred tax assets recognised by the Group and the movements thereon, during the current and prior reporting periods: December 31, June 30, RM RM USD Provisions: At beginning/end of year 339,650 339,650 72,002

Trade and Other Receivables

Trade and Other Receivables	6 Months Ended
	Jun. 30, 2024
Trade and Other Receivables [Abstract]
TRADE AND OTHER RECEIVABLES	10 TRADE AND OTHER RECEIVABLES December 31, June 30, RM RM USD Trade receivables - Third parties 11,310,279 27,995,076 5,934,681 - Related parties 2,499,319 5,531,955 1,172,720 13,809,598 33,527,031 7,107,401 Less: Allowance for expected credit losses on trade receivables (2,518,122 ) - - 11,291,476 33,527,031 7,107,401 Deposits 4,122,755 4,518,326 957,841 Prepayments 466,629 84,991,054 18,017,267 Other receivables 13,068,732 18,977,576 4,023,059 28,949,592 142,013,987 30,105,568 Movement in allowance for expected credit losses on trade receivables as follows: Beginning balances 1,757,638 2,518,122 533,817 Additional 756,973 - - Bad debt written off - (2,518,122 ) (533,817 ) Currency realignment 3,511 - - Ending balance 2,518,122 - - The average credit period for services rendered is 30 days. No interest is charged on the outstanding balances. December 31, June 30, RM RM USD Not past due 5,961,854 18,960,617 4,019,465 Past due 7,847,744 14,566,414 3,087,936 Less: Allowance for expected credit losses (2,518,122 ) - - 11,291,476 33,527,031 7,107,401 A majority of the Group’s trade receivables that are neither past due nor impaired are with creditworthy counterparties with good track record of credit history. (i) Aging of receivables that are past due the average credit period: December 31, June 30, RM RM USD < 30 days 790,489 6,410,714 1,359,008 31 days to 60 days 4,240 5,591,402 1,185,322 61 days to 210 days 5,015,219 - - 211 days to 240 days - 738,728 156,603 241 days to < 1 year 2,037,796 1,825,570 387,003 Total 7,847,744 14,566,414 3,087,936 In determining the recoverability of a trade receivables, the Group considers any changes in the credit quality of the trade receivables from the date credit was initially granted up to the reporting date. There was no significant change in credit quality for the Group’s trade receivables balances which are past due and partially impaired. (ii) These amounts are stated before any deduction for impairment losses and are not secured by any collateral or credit enhancements. The allowance for ECL has been determined by taking into consideration recovery prospects and past doubtful experience. As part of the Group’s credit risk management, the Group assesses the impairment for its customers based on different group of customers which share common risk characteristics that are representative of the customers’ abilities to pay all amounts due in accordance with the contractual terms. Impairment allowance on trade receivables has been measured at an amount equal to lifetime expected credit losses (“ECL”). The ECL on trade receivables are estimated using a provision matrix by reference to past default experience of the debtor and an analysis of the debtor’s current financial position, adjusted for factors that are specific to the debtors, general economic conditions of the industry in which the debtors operate. The Group has recognized a loss allowance of 100% against general receivables over 240 days past due because historical experience has indicated that these receivables are generally not recoverable. For specific and individual trade receivables, the Group has access them individually to decide whether the trade receivables have recoverable issues based on the closely contact and past experience to justify it. There has been no change in the estimation techniques or significant assumptions made during the current reporting period. A trade receivable is written-off when there is information indicating that the debtor is in severe financial difficulty and there is no realistic prospect of recovery. The following table details the risk profile of trade receivables based on the Group’s provision matrix. As the Group’s historical credit loss experience does not show significantly different loss patterns for different customer segments, the provision for loss allowance based on past due status is not further distinguished between the Group’s different customer base: Trade receivables – days past due Not past 1 to 30 31-60 61-210 211 – 240 Over 241 Total RM RM RM RM RM RM RM Lifetime ECL – December 31, 2023 - - - 480,326 - 2,037,796 2,518,122 Lifetime ECL – June 30, 2024 - - - - - - - The above balances that are not denominated in the functional currency are as follows: December 31, June 30, RM RM United States dollar 5,743,323 22,947,168

Loan Receivables

Loan Receivables	6 Months Ended
	Jun. 30, 2024
Loan Receivables [Abstract]
LOAN RECEIVABLES	11 LOAN RECEIVABLES December 31, June 30, RM RM USD Personal loans 2,912,547 3,482,771 738,313 Term loans 43,339,398 40,241,358 8,530,772 Loans to related parties 2,819,450 20,112,762 4,263,708 49,071,395 63,836,891 13,532,793 Less: Unearned interest (12,222,634 ) (417,883 ) (88,587 ) 36,848,761 63,419,008 13,444,206 Less: Allowance for expected credit losses on loan receivables (272,225 ) (640,684 ) (135,819 ) 36,576,536 62,778,324 13,308,387 December 31, June 30, RM RM USD Current asset 15,378,236 23,538,832 4,990,001 Non-current asset 21,198,300 39,239,492 8,318,386 36,576,536 62,778,324 13,308,387 Loans receivables bears interest ranged from 10% to 18% per annum and is due within the next one to five years. The average credit period for services rendered is 30 (2023: 30 December 31, June 30, RM RM USD Not past due 47,476,339 62,149,303 13,175,041 Past due 1,595,056 1,687,588 357,752 49,071,395 63,836,891 13,532,793 Less: Allowance for expected credit losses on loan receivables (272,225 ) (640,684 ) (135,819 ) 48,799,170 63,196,207 26,929,767 A majority of the Group’s loan receivables that are neither past due nor impaired are with creditworthy counterparties with good track record of credit history. (i) Aging of loan receivables that are past due the average credit period: December 31, June 30, RM RM USD < 30 days 1,482,120 816,739 173,141 31 days to 60 days 103,416 108,247 22,947 61 days to 210 days 9,520 762,602 161,664 211 days to 240 days - - - 241 days to < 1 year - - - Total 1,595,056 1,687,588 357,752 In determining the recoverability of loan receivables, the Group considers any changes in the credit quality of the loan receivables from the date credit was initially granted up to the reporting date. There was no significant change in credit quality for the Group’s loan receivables balances which are past due and partially impaired. (ii) These amounts are stated before any deduction for allowance for ECL and are not secured by any collateral or credit enhancements. The allowance for ECL in loan receivables has been determined by taking into consideration recovery prospects and past doubtful experience. As part of the Group’s credit risk management, the Group assesses the impairment for its customers based on different group of customers which share common risk characteristics that are representative of the customers’ abilities to pay all amounts due in accordance with the contractual terms. Allowance for ECL on loan receivables has been measured at an amount equal to lifetime ECL. The ECL on loan receivables are estimated using a provision matrix by reference to past default experience of the loan receivables and an analysis of the debtor’s current financial position, adjusted for factors that are specific to the loan receivables, general economic conditions of the industry in which the debtors operate. The Group has recognized 100% ECL against receivables over 240 days past due because historical experience has indicated that these loan receivables are generally not recoverable. For specific and individual loan receivables, the Group has access them individually to decide whether the loan receivables have recoverable issues based on the closely contact and past experience to justify it. There has been no change in the estimation techniques or significant assumptions made during the current reporting period. A loan receivable is written-off when there is information indicating that the loan receivables is in severe financial difficulty and there is no realistic prospect of recovery. The following table details the risk profile of loan receivables based on the Group’s provision matrix. As the Group’s historical credit loss experience does not show significantly different loss patterns for different customer segments, the provision for loss allowance based on past due status is not further distinguished between the Group’s different customer base: Loan receivables – days past due Not past 1 to 30 31-60 61-210 211 – 240 Over 241 Total RM RM RM RM RM RM RM Lifetime ECL – December 31, 2023 237,382 31,125 3,102 616 - - 272,225 Lifetime ECL – June 30, 2024 548,129 47,460 6,349 38,746 - - 640,684

Cash and Bank Balances

Cash and Bank Balances	6 Months Ended
	Jun. 30, 2024
Cash and Bank Balances [Abstract]
CASH AND BANK BALANCES	12 CASH AND BANK BALANCES As of As of RM RM USD Cash and bank balances 4,637,260 5,872,715 1,244,958 Cash at share trading accounts 19 - - Total 4,637,279 5,872,715 1,244,958 Cash at share trading accounts are readily convertible to a known amount of cash which are subject to an insignificant risk of changes in value. The above balances that are not denominated in the functional currency are as follows: December 31, June 30, RM RM Singapore dollar 15,101 21,020 United States dollar 1,379,856 666,228

Trade and Other Payables

Trade and Other Payables	6 Months Ended
	Jun. 30, 2024
Trade and Other Payables [Abstract]
TRADE AND OTHER PAYABLES	13 TRADE AND OTHER PAYABLES December 31, June 30, RM RM USD Trade payables 2,326,371 1,699,707 360,321 Accruals 6,901,199 2,783,291 590,031 Sundry payables 2,592,465 16,543,862 3,507,136 Advance from a director - subsidiaries 7,563,894 - - Total 19,383,929 21,026,860 4,457,488 Trade payables mainly consist of the consultant fees in relation to legal counsel, auditors and investment banking firms in which we engaged for our clients. Accruals consist mainly of staff salaries and consultant fees for which services have been performed but not been billed. Sundry payables consist mainly of audit fees, secretarial fees, renovation expenses and other professional fees. Advances from a director - subsidiaries is unsecured, interest-free and repayable on demand in cash. The above balances that are not denominated in the functional currency are as follows: December 31, June 30, RM RM United States dollar 1,416,836 350,167 Singapore Dollars - 6,000

Lease Liabilities

Lease Liabilities	6 Months Ended
	Jun. 30, 2024
Lease Liabilities [Abstract]
LEASE LIABILITIES	14 LEASE LIABILITIES December 31, June 30, RM RM USD At beginning of year / period 744,959 1,255,340 266,120 Additions 886,093 - - Finance cost 30,288 24,327 5,157 Payment (406,000 ) (375,642 ) (79,632 ) At of end of year / period 1,255,340 904,025 191,645 Future lease payment payable: - Not later than one year 732,498 664,284 140,823 - More than one year to five years 564,483 280,467 59,456 Total future minimum lease payments 1,296,981 944,751 200,279 Less: Future finance charges (41,641 ) (40,726 ) (8,634 ) 1,255,340 904,025 191,645 These are office lease contracts for premises with a tenure of 3 years. The obligations under these leases are secured by the lessor's title to the leased assets. In contrast, the Group also has certain leases with lease terms of 12 months or less. The Group applies the "short-term lease" recognition exemptions for these leases. Details of the carrying amounts of right-of-use assets recognized and the movements during the year are disclosed in Note 7 to the financial statements. The lease liabilities at the end of the reporting period bear weighted average incremental borrowing rate of 4.31% (2023: 4.31%) per annum. December 31, June 30, RM RM USD Depreciation of right-of-use asset 424,837 332,249 70,433 Interest expense on lease liabilities 30,288 24,327 5,157 Lease expense not capitalised in lease liabilities: -expense relating to short-term lease 232,081 269,160 57,059 Total amount recognised in profit or loss 687,206 625,736 132,649

Bank and Other Borrowings

Bank and Other Borrowings	6 Months Ended
	Jun. 30, 2024
Bank and Other Borrowings [Abstract]
BANK AND OTHER BORROWINGS	15 BANK AND OTHER BORROWINGS December 31, June 30, RM RM USD Bank borrowings - Current 77,277 107,726 22,837 - Non-current 245,322 170,444 36,132 Total bank borrowings 322,599 278,170 58,969 Other borrowings – current 600,000 600,000 127,194 Total borrowings 922,599 878,170 186,163 Notes: (A) Bank borrowings This is made up of the following loans: Loan 1 : A principal amount of RM150,000 RM3,318 Loan 2 : A principal amount of RM200,000 RM3,639 Loan 3 : A principal amount of RM300,000 RM6,136 The bank borrowings of the Group are secured against: a) Guarantee in favour of the lender by Credit Guarantee Corporation (CGC) under the portfolio guarantee scheme for 70% of the approved limit; b) Corporate guarantee in favour of the lender by a third party company which the Director have interests; c) Assignment of single premium reducing term plan issued by Sun Life Malaysia Assurance Berhad under Director of the Company, for the sum insured of not less than RM150,000 d) Jointly and severally guaranteed in favour of the lender by a Director of the Company. (B) Other borrowings This relates to redeemable preference shares issued by a subsidiary. The redeemable preference shares are liability in nature as the subsidiary has to redeem the shares at a particular date by paying agreed amount to the holder of the shares. Non-discretionary dividends paid on redeemable preference shares is recorded as expenses in income statement as any return paid towards liabilities is treated as an interest expense in the income statement. The redeemable preference shares have a face value of RM600,000 RM600,000

Warrant Liabilities

Warrant Liabilities	6 Months Ended
	Jun. 30, 2024
Warrant Liabilities [Abstract]
WARRANT LIABILITIES	16 WARRANT LIABILITIES December 31, June 30, RM RM USD Cost At January 1 - 1,964,335 416,420 Additions 1,964,335 13,043,907 2,765,180 Exercised - (7,448,077 ) (1,578,919 ) Currency realignment - 54,744 11,605 At December 31 1,964,335 7,614,909 1,614,286 In connection with the advisory agreement entered into with Exchange Listing, LLC, a Nevada limited liability corporation, the Company has issued a total of 250,000 warrants exercisable at USD 4.00 per share to Exchange Listing, LLC on March 26, 2023. On January 17, 2024, the Company has issued a total of 2,200,000 of warrant A and warrant B each at USD 1.25 per share to shareholders in following offering. As of June 30, 2024, a total of 2,518,984 warrant have been exercised. Management applied the provisions of debt and equity classification under IAS 32 Financial Instruments: Presentation (“IAS 32”). In accordance with IAS 32, a contract to issue a variable number of shares fail to meet the definition of equity and must instead be classified as a derivative liability and measured at fair value with changes in fair value recognised in the consolidated statement of comprehensive income at each reporting date. As these warrants include contingent settlement provisions that introduce potential variability to the settlement amounts of the warrants, dependent on the occurrence of some uncertain future events, the warrants are accounted for as derivative financial liabilities at fair value. The Group applied a Black-Scholes pricing model to estimate the fair value of the warrant liabilities. The significant inputs into the model are shown below. Warrant A Warrant B Warrant to Share price USD 1.08 USD 1.08 USD 2.26 Exercise price / warrant USD 1.25 USD 1.25 USD 4.00 Expected volatility 98.07 % 98.07 % 130.14 % Dividend yield Nil Nil Nil Expected term (years) 5 years 1.5 years 4.24 years Annual risk-free interest rate 4.106 % 4.106 % 3.918 %

Share Capital

Share Capital	6 Months Ended
	Jun. 30, 2024
Share Capital [Abstract]
SHARE CAPITAL	17 SHARE CAPITAL December 31, June 30, December 31, June 30, Number of Number of RM RM USD Paid up capital: At beginning of year / period 34,412,259 38,027,579 13,127,427 44,009,131 9,329,503 Issuance of shares (1) 1,280,000 - 3,349,620 - - Issuance of shares (2) 736,169 - 7,341,927 - - Issuance of shares (3) 304,246 - 4,068,333 - - Issuance of shares (4) 600,000 - 6,921,300 - - Issuance of shares (5) 380,000 - 4,451,733 - - Issuance of shares (6) 286,533 - 4,518,500 - - Issuance of shares (7) 28,372 - 230,291 - - Issuance of shares (8) - 2,200,000 - 5,320,120 1,127,813 Issuance of shares (9) - 149,816 - 797,844 169,135 Issuance of shares (10) - 2,518,984 - 14,995,875 3,178,978 Issuance of shares (11) - 350,000 - 6,598,200 1,398,753 Issuance of shares (12) - 2,500,000 - 10,445,600 2,214,366 Issuance of shares (13) - 1,021,047 - 5,171,195 1,096,242 Issuance of shares (14) - 8,000,000 - 32,285,776 6,844,267 Issuance of shares (15) - 14,197,447 - 46,952,428 9,953,453 Issuance of shares (16) - 1,582,542 - 5,009,859 1,062,041 At of end of year / period 38,027,579 70,547,415 44,009,131 171,586,028 36,374,551 As of December 31, 2021, the Company has authorized 50,000 ordinary shares at USD1 .00 (1) On April 12, 2023, 1,280,000 ordinary shares were issued in our initial offering at USD4.00 (2) On April 12, 2023, 736,169 ordinary shares were issued to Exchange Listing, LLC pursuant to their consulting agreement with the Company. (3) In May 2023, 229,453 and 74,793 ordinary shares were issued to Exchange Listing, LLC and Boustead Securities, LLC pursuant to the exercise of warrants, respectively. (4) On May 31, 2023, 600,000 ordinary shares were issued to Globexus Holding Corp as part of share-swap arrangement for 500 Globexus Holding Corp’s ordinary shares. (5) On April 12, 2023, 380,000 ordinary shares were issued, in aggregate, to certain of our executive officers and employees pursuant to their employment agreements. (6) On August 1, 2023, 286,533 ordinary shares were issued to ZCity Sdn. Bhd. as consideration for services rendered to the Company. (7) On October 1, 2023, 28,372 ordinary shares were issued to Outside The Box Capital Inc. as consideration for services rendered to the Company. (8) On January 17, 2024, 2,200,000 ordinary shares were issued in our following offering at USD1 .25 (9) In January 2024, 149,816 ordinary shares were issued, in aggregate, to our directors to pursuant to their employment agreements. (10) 2,518,984 ordinary shares were issued from February 2024 to April 2024, in aggregate, to pursuant to the exercise of warrants. (11) On March 18, 2024, 350,000 ordinary shares were issued to Sichenzia Ross Ference Carmel LLP as consideration for services rendered to the Company. (12) On April 10, 2024, 2,500,000 ordinary shares were issued to Legacy Credit Sdn Bhd at USD1 .00 .80 (13) On April 13, 2024, 1,021,047 ordinary shares were issued to executive director and independence director pursuant to their employment agreements. (14) On May 22, 2024, 8,000,000 ordinary shares were issued to shareholders of Treasure Gold Inc as a collateral securing the Shell Company. (15) On June 7, 2024, 14,197,447 ordinary shares were issued to Nexgen Advisory Sdn Bhd as a as prepayment for services rendered to the Company. (16) In June 2024, 1,582,542 ordinary shares were issued in At-The-Market offering at the price ranged from USD0. 59 USD0.

Capital Reserve

Capital Reserve	6 Months Ended
	Jun. 30, 2024
Capital Reserve [Abstract]
CAPITAL RESERVE	18 CAPITAL RESERVE This is in relation to merger reserves. The merger reserve represents effects of changes in ownership interests in subsidiaries when there is no change in control. Under merger accounting, the assets, liabilities, revenue, expenses and cash flows of all the entities within the Group are combined after making such adjustments as are necessary to achieve consistency of accounting policies. This manner of presentation reflects the economic substance of combining companies, which were under common control throughout the relevant period, as a single economic enterprise.

Fair Value Reserve

Fair Value Reserve	6 Months Ended
	Jun. 30, 2024
Fair Value Reserve [Abstract]
FAIR VALUE RESERVE	19 FAIR VALUE RESERVE Fair value reserve represents the cumulative fair value changes, net of tax, of financial assets measured at fair value of other comprehensive income until it is disposed of and is distributable.

Translation Reserve

Translation Reserve	6 Months Ended
	Jun. 30, 2024
Translation Reserve [Abstract]
TRANSLATION RESERVE	20 TRANSLATION RESERVE The translation reserve comprises all foreign exchange differences arising from the translation of the consolidated financial statements of foreign operations whose functional currency is different from that of the Group’s presentation currency and is non-distributable.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2024
Revenue [Abstract]
REVENUE	21 REVENUE Six months ended Six months ended RM RM USD Business strategy consultancy 20,789,179 52,647,479 11,160,748 Technology development, solutions and consultancy 19,733,018 8,250,188 1,748,959 Interest income 1,118,641 3,193,950 677,086 Others 2,822,357 659,975 139,908 Total 44,463,195 64,751,592 13,726,701 This represents revenue arising from the Group’s contracts with customers for business strategy consultancy, technology development, solution and consultancy and investment.

Other Income

Other Income	6 Months Ended
	Jun. 30, 2024
Other Income [Abstract]
OTHER INCOME	22 OTHER INCOME Six months ended Six months ended RM RM USD Interest income 942 3,771 799 Gain on disposal of financial asset, FVTOCI 780,319 - - Gain on forex 158,801 352,100 74,642 Reimbursement income for expenses incurred 104,839 44,377 9,408 Reversal of impairment allowance on trade receivables - 64,384 13,649 Others 10,005 26,769 5,674 Total 1,054,906 491,401 104,172

Cost of Services

Cost of Services	6 Months Ended
	Jun. 30, 2024
Cost of Services [Abstract]
COST OF SERVICES	23 COST OF SERVICES Six months ended Six months ended RM RM USD Consultant fee 5,676,167 3,465,205 734,589 IT expenses 180,669 42,003 8,904 Training costs 192,398 47,635 10,098 Others - 426,720 90,461 Total 6,049,234 3,981,563 844,052 The “consultant fee” refers to the Group’s costs incurred from assisting its clients, in engaging all the relevant professionals required during the listing process, including but not limited to legal counsel, auditors, finance consultants, the US capital markets consultant, which such consultant fee payment shall be included and be treated as part of our consultation services for its clients during the IPO’s process.

Employees Benefit Expenses

Employees Benefit Expenses	6 Months Ended
	Jun. 30, 2024
Employees Benefit Expenses [Abstract]
EMPLOYEES BENEFIT EXPENSES	24 EMPLOYEES BENEFIT EXPENSES Six months ended Six months ended RM RM USD Wages and salaries 6,860,747 7,064,194 1,497,540 Defined contribution plan 514,817 593,912 125,904 Other short-term benefits 394,661 47,320 10,031 Total 7,770,225 7,705,426 1,633,475 Included in the employee benefit expenses is remuneration and benefit to director. Six months ended Six months ended RM RM USD Wages and salaries 1,758,118 1,808,696 383,426 Defined contribution plan 118,080 84,000 17,807 Other short-term benefits 1,159 1,147 243 Total 1,877,357 1,893,843 401,476

Finance Cost

Finance Cost	6 Months Ended
	Jun. 30, 2024
Finance Cost [Abstract]
FINANCE COST	25 FINANCE COST Six months ended Six months ended RM RM USD Interest expenses on: Bank borrowings 1,246 4,446 942 Operating lease obligation 14,629 24,327 5,157 Bank charges for investment securities - 13 3 Total 15,875 28,786 6,102

Other Operating Expenses

Other Operating Expenses	6 Months Ended
	Jun. 30, 2024
Other Operating Expenses [Abstract]
OTHER OPERATING EXPENSES	26 OTHER OPERATING EXPENSES Six months ended Six months ended RM RM USD Regulatory compliance and statutory cost 103,237 77,577 16,446 Regulatory consultancy fee - 776,000 164,504 Cost incurred to obtain licence 12,113 19,597 4,154 Bad debt written off - 889 189 Bank charges 24,764 54,394 11,531 Entertainment 450,727 413,987 87,761 Event fees 120,448 539,691 114,409 Foreign exchange adjustment 841,902 1,852,970 392,811 Marketing expenses 419,013 4,162,840 882,481 Software and website usage fee 29,628 29,165 6,183 Staff welfare 319,518 1,065,069 225,784 Office expenses 561,345 1,406,833 298,235 Preliminary expenses written off 280 - - Referral fees - 30,000 6,360 Recruitment fees 93,101 78,935 16,733 Travelling expenses 512,997 1,164,755 246,917 Upkeep of office equipment 100,866 257,695 54,629 Loss on disposal of subsidiary - 4,794 1,016 Net investment loss 78,618 - - Total 3,668,557 11,935,191 2,530,143 Net investment loss is derived from the total net loss incurred from the trading of shares on recognized stock exchanges during the financial year.

Profit Before Income Tax

Profit Before Income Tax	6 Months Ended
	Jun. 30, 2024
Profit Before Income Tax [Abstract]
PROFIT BEFORE INCOME TAX	27 PROFIT BEFORE INCOME TAX In addition to the expenses disclosed in the notes to the financial statements, profit before income tax has been arrived at after charging the following material expenses: Six months ended Six months ended RM RM USD Legal and professional fees 1,473,823 3,531,157 748,571 Director’s fees 5,435,664 10,672,584 2,262,483

Income Tax Expenses

Income Tax Expenses	6 Months Ended
	Jun. 30, 2024
Income Tax Expenses [Abstract]
INCOME TAX EXPENSES	28 INCOME TAX EXPENSES Six months ended Six months ended RM RM USD Current income tax expense 800,000 826,402 175,189 Overprovision for tax expense (173,857 ) - - Income tax expense 626,143 826,402 175,189 The tax on the Group’s profit before income tax differs from the theoretical amount that would arise using the Malaysia’s standard rate of income tax as follows: Six months ended Six months ended RM RM USD Profit before income tax 20,680,347 26,240,099 5,562,643 Tax calculated at tax rate of 24% 4,963,283 6,297,624 1,335,034 Effects of: - Income not taxable for tax purposes (4,163,283 ) (5,794,261 ) (1,228,326 ) - Unutilised tax losses forfeited - - - Expenses not deductible for tax purposes - 323,039 68,481 800,000 826,402 175,189 Overprovision in prior year (173,857 ) - - Income tax expense 626,143 826,402 175,189

Operating Lease

Operating Lease	6 Months Ended
	Jun. 30, 2024
Operating Lease [Abstract]
OPERATING LEASE	29 OPERATING LEASE June 30, June 30, RM RM USD Short-term leases 149,951 269,160 57,059 The Group has elected not to recognise right-of-use assets and lease liabilities for short-term leases that have lease terms of 12 months. Lease payments relating to these leases are expensed to profit or loss on a straight-line basis over the lease term.

Significant Related Party Trans

Significant Related Party Transactions	6 Months Ended
	Jun. 30, 2024
Significant Related Party Transactions [Abstract]
SIGNIFICANT RELATED PARTY TRANSACTIONS	30 SIGNIFICANT RELATED PARTY TRANSACTIONS Related companies in these financial statements refer to members of the ultimate holding company’s group of companies. Some of the Group’s transactions and arrangements are between members of the Group and the effect of these on the basis determined between the parties is reflected in these financial statements. The intercompany balances are unsecured, interest-free and repayable on demand, unless otherwise stated. December 31, June 30, RM RM USD Balance with related parties (common shareholders) Trade receivables Hoo Voon Him 988,191 1,015,731 215,325 Reveillon Group Sdn Bhd 150,001 3,117,164 660,808 V Invesco Sdn Bhd 1,361,127 1,399,060 296,587 2,499,319 5,531,955 1,172,720 Loans, Advances and Financing Reveillon Group Sdn Bhd 1,338,583 17,449,362 3,699,094 XVI Troika Sdn Bhd 1,480,867 2,615,383 554,435 Reveillon Group Limited - 48,017 10,179 2,819,450 20,112,762 4,263,708 Total amount due from related parties 5,318,769 25,644,717 5,436,428 Non-trade payables Hoo Voon Him 204,469 - - Noraini 930,890 - - V Capital Sdn Bhd 165,000 - - Amount due to related parties 1,300,359 - - Amount due to related parties are not expected to be repaid within the next 12 months. Transactions with related parties The following represents the significant related party transactions for the years ended June 30, 2023 and 2024. For the period For the period Relationship Nature Description RM RM USD V Capital Sdn Bhd Common shareholder Trade nature Purchase of services 62,257 - - V Invesco Sdn Bhd Common shareholder Trade nature Purchase of services 55,500 - - V Capital Sdn Bhd Common shareholder Non-trade nature Advances paid by V Capital Sdn Bhd (327,307 ) - - V Capital Sdn Bhd Common shareholder Non-trade nature Advances paid to V Capital Sdn Bhd - 165,000 34,978 V Invesco Sdn Bhd Common shareholder Non-trade nature Advances paid by V Invesco Sdn Bhd (10,000 ) - - V Invesco Sdn Bhd Common shareholder Trade nature Sale of services - - - V Invesco Fund (L) Limited Common shareholder Non-trade nature Advances paid by V Invesco Fund (L) Limited (5,093 ) - - V Consortium Sdn Bhd Common shareholder Non-trade nature Advances paid by V Consortium Sdn Bhd (56,058 ) - - Hoo Voon Him Director Non-trade nature Advance paid to Director - 204,469 43,345 Noraini Binti Aripin Director Non-trade nature Advance receipt from Director (1,152,464 ) - - Vincent Hong Director Non-trade nature Advance receipt from Director (466,783 ) - - Noraini Binti Aripin Director Non-trade nature Advance paid to Director - 930,890 197,340 Reveillon Group Sdn Bhd Common Director Trade nature Sale of financing services - (147,489 ) (31,266 ) Reveillon Group Sdn Bhd Common Director Trade nature Sale of consultancy services - (2,962,982 ) (628,123 ) XVI Troika Sdn Bhd Common Director Trade nature Sale of financing services - (154,135 ) (32,675 ) Reveillon Group Limited Common Director Trade nature Sale of financing services - (3,656 ) (775 )

Operating Segments

Operating Segments	6 Months Ended
	Jun. 30, 2024
Operating Segments [Abstract]
OPERATING SEGMENTS	31 OPERATING SEGMENTS Services from which reportable segments derive their revenues reported to the Group’s chief operating decision maker (CODM) for the purposes of resource allocation and assessment of segment performance focuses on the types of services provided. Management has chosen to organise the Group around differences in services. No operating segments have been aggregated in arriving at the reportable segments of the Group. Segment revenues and results Revenue Net profit June 30, June 30, June 30, June 30, RM RM USD RM RM USD Business strategy consultancy 20,789,179 52,647,479 11,160,748 6,498,804 22,909,476 4,856,584 Technology development, solutions and consultancy 19,733,018 8,250,188 1,748,959 11,772,361 3,760,825 797,258 Interest income 1,118,641 3,193,950 677,086 667,227 1,056,683 224,006 Others 2,822,357 659,975 139,908 1,616,933 (201,048 ) (42,620 ) Total 44,463,195 64,751,592 13,726,701 20,555,325 27,525,936 5,835,228 Other gains and losses 125,326 (1,260,822 ) (267,282 ) Interest income 942 3,771 799 Finance cost (1,246 ) (28,786 ) (6,102 ) Profit before income tax 20,680,347 26,240,099 5,562,643 Income tax expense (626,143 ) (826,402 ) (175,189 ) Profit for the year 20,054,204 25,413,697 5,387,454 Revenue reported above represents revenue generated from external customers and related party. The revenue generated form related party is RM3,268 NIL The accounting policies of the reportable segments are the same as the Group’s accounting policies described in Note 2. Segment profit represents the profit earned by each segment without allocation of central administration costs, finance income, finance cost and income tax expense. This is the measure reported to the chief operating decision maker for the purposes of resource allocation and assessment of segment performance. Segment assets December 31, June 30, RM RM USD Business strategy consultancy 56,519,511 217,846,586 46,181,332 Technology development, solutions and consultancy 15,496,175 34,137,918 7,236,903 Interest income 38,007,733 13,216,039 2,801,670 Investments and others 8,024,218 2,730,869 578,917 118,047,637 267,931,412 56,798,822 Unallocated assets - - - Consolidated total assets 118,047,637 267,931,412 56,798,822 No geographical segment information presented as Group’s operations are conducted predominantly in Malaysia.

Financial Instruments, Financia

Financial Instruments, Financial Risks and Capital Risks Management	6 Months Ended
	Jun. 30, 2024
Financial Instruments, Financial Risks and Capital Risks Management [Abstract]
FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL RISKS MANAGEMENT	32 FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL RISKS MANAGEMENT a) Categories of financial instruments The following table sets out the financial instruments as at the end of the reporting period: December 31, June 30, RM RM USD Financial assets Loan and receivables (including cash and bank balances) 69,696,778 125,673,972 26,641,646 Finance assets measured at fair value through other comprehensive income 38,368,829 44,375,928 9,407,260 Finance assets measured at fair value through profit or loss 72,793 74,599 15,814 Financial liabilities Financial liabilities, at amortised cost 22,862,227 22,809,055 4,835,296 Financial liabilities, at fair value through profit or loss 1,964,335 7,614,909 1,614,286 b) Financial instruments subject to offsetting, enforceable master netting arrangements and similar agreements The Group does not have any financial instruments which are subject to enforceable master netting arrangements or similar netting agreements. c) Financial risk management policies and objectives The management of the Group monitors and manages the financial risks relating to the operations of the Group to ensure appropriate measures are implemented in a timely and effective manner. These risks include market risk (including foreign currency risk and interest rate risk), credit risk and liquidity risk. (i) Market risk management The Group activities are exposed primarily to the financial risks of changes in foreign currency exchange rates and interest rates. Management monitors risks associated with changes in foreign currency exchanges rates and interest rates and will consider appropriate measures should the need arise. There has been no significant change to the Group’s exposure to market risk or the manner in which it manages and measures the risk. (ii) Foreign currency risk management The Group also transacts business in foreign currencies other than its functional currencies, as further disclosed below, and is therefore exposed to foreign exchange risk. The currency exposure of financial assets and financial liabilities denominated in currencies other than the Group’s functional currency is as follows: Assets Liabilities December 31, June 30, December 31, June 30, RM RM RM RM Singapore Dollar 15,101 21,020 - 6,000 United States Dollar 7,123,179 23,613,396 1,416,836 350,167 Foreign currency sensitivity The following table details the sensitivity to a 5% increase and decrease in the related foreign currencies against the functional currency (“RM”) with all the other variables held constant. 5% is the sensitivity rate used when reporting foreign currency risk internally to key management personnel and represents management’s assessment of the possible change in foreign exchange rates. The sensitivity analysis includes only outstanding foreign currency denominated monetary items and adjusts their translation at the period end for a 5% change in foreign currency rates. December 31, June 30, RM RM Singapore Dollar 755 751 United States Dollar 285,317 1,163,161 (iii) Interest rate risk management The Group is exposed to interest rate risk as the Group has bank loans which are interest bearing. The interest rates and terms of repayment of the loans are disclosed in the notes to the financial statements. The Group currently does not have an interest rate hedging policy. Interest rate sensitivity analysis The sensitivity analysis below has been determined based on the exposure to interest rate for non-derivative instruments at the end of the reporting period. A 50 basis point increase or decrease is used when reporting interest rate risk internally to key management personnel and represents management’s assessment of the reasonably possible change in interest rates. If interest rates on loans had been 50 basis points higher/lower and all other variables were held constant, the Group’s profit for the year would decrease/increase by approximately RM3,347 613 983 (iv) Credit risk management Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the Group. At the end of each reporting period, the Group’s maximum exposure to credit risk which will cause a financial loss to the Group due to failure to discharge an obligation by the counterparties arises from the carrying amount of the respective recognized financial assets as stated in the statements of financial position. In order to minimise credit risk, the Group has delegated its finance team to develop and maintain the Group’s credit risk grading to categorise exposures according to their degree of risk of default. The finance team uses publicly available financial information and the Group’s own historical repayment records to rate its major customers and debtors. The Group’s exposure and the credit ratings of its counterparties are continuously monitored, and the aggregate value of transactions concluded is spread amongst approved counterparties. The Group’s current credit risk grading framework comprises the following categories: Category Description Basis for Performing The counterparty has a low risk of default and does not have any past-due amounts 12-month ECL Doubtful There has been a significant increase in credit risk since initial recognition Lifetime ECL- In default There is evidence indicating the asset is credit impaired Lifetime ECL - credit impaired Write-off There is evidence indicating that the debtor is in severe financial difficulty and the Company has no realistic prospect of recovery Amount is written off For trade receivables, the Group has applied the simplified approach allowed in the accounting standard to measure the loss allowance at lifetime ECL. The Group determines the ECL on these items by using a provision matrix, estimated based on historical credit loss experience based on the past default experience of the debtor, general economic conditions of the industry in which the debtors operate and an assessment of both the current as well as the forecast direction of conditions at the reporting date. To measure the expected credit losses, trade receivables has been grouped based on shared credit risk characteristics (including high risk, normal risk and low risk type). As at the end of the reporting period, the impairment allowance for ECL is disclosed in Note 10 to the financial statements. The directors of the Group considered that the ECL for non-credit impaired trade receivables is insignificant as at the end of the reporting period. (v) Liquidity risk management Liquidity risk is the risk that the Group will encounter difficulty in meeting financial obligations due to shortage of funds. In assessing our liquidity, we monitor and analyse our cash and cash equivalents and our operating expenditure commitments. Our liquidity needs are to meet our working capital requirements and operating expenses obligations. To date, we have financed our operations primarily through cash flows from operations, equity financing, and short-term borrowing from banks and related parties. Based on the above considerations, management is of the opinion that the Group has sufficient funds to meet its working capital requirements and debt obligations, for at least the next 12 months from end of the reporting period. However, there is no assurance that management will be successful in their plans. There are several factors that could potentially arise that could undermine the Group’s plans, such as changes in the demand for its services, economic conditions, its operating results not continuing to deteriorate and its bank and shareholders being able to provide continued financial support. The Group maintains sufficient cash and cash equivalents, and internally generated cash flows to finance their activities. Liquidity risk analyses Non-derivative financial liabilities The following table details the remaining contractual maturity for non-derivative financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group can be required to pay. The table includes both interest and principal cash flows. The adjustment column represents the possible future cash flows attributable to the instrument included in the carrying amount of the financial liabilities on the statement of financial position. Weighted On average demand effective or within Within interest rate 1 year 2 to 5 years Total % RM RM RM As of June 30, 2024 Non-interest bearing - 21,026,860 - 21,026,860 Fixed interest rate 3.5-5 % 638,683 265,342 904,025 Variable interest rate BLR+2.6 % 707,726 170,444 878,170 Total 22,373,269 435,786 22,809,055 2023 Non-interest bearing - 20,684,288 - 20,684,288 Fixed interest rate 3.5-5 % 680,916 878,224 1,559,140 Variable interest rate BLR+2.6 % 43,668 81,282 124,950 Total 21,408,872 959,506 22,368,378 (vi) Fair value of financial assets and financial liabilities The management considers that the carrying amounts of Group’s financial assets and financial liabilities approximate their respective fair values due to the relatively short-term maturity of these financial instruments. The fair values of other classes of financial assets and liabilities are disclosed in the respective notes to financial statements. (d) Capital risk management policies and objectives The management manages its capital to ensure that the Group will be able to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to reduce cost of capital. The capital structure of the Group consists of equity attributable to owners of the Company, comprising issued capital, reserve and retained earnings as disclosed in the notes to financial statements. Management monitors capital based on debt-to-equity ratio. The debt-to-equity ratio is calculated as total debt divided by total equity. Total debt is calculated as borrowings plus trade and other payables December 31, June 30, RM RM USD Total debts 22,862,227 22,809,055 4,835,296 Total equity 92,969,863 236,801,277 50,199,539 Debt-to-equity % 24.59 % 9.63 % 9.63 % The Group is not subject to externally imposed capital requirements for the financial years ended December 31, 2023 and for the financial period ended June 30, 2024. The Group’s overall strategy remains unchanged from prior year. (e) Concentrations Financial instruments that potentially expose the Group to concentrations of credit risk consist primarily of accounts receivables. The Group conducts credit evaluations of their customers, and generally do not require collateral or other security from them. The Group evaluates their collection experience and long outstanding balances to determine the need for an allowance for doubtful accounts. The Group conducts periodic reviews of the financial condition and payment practices of their customers to minimize collection risk on accounts receivable. The following table sets forth a summary of single customers who represent 10% or more of the Group’s total revenue: June 30, June 30, RM RM USD Amount of the Group’s revenue: Customer A 19,712,300 928,221 196,774 Customer B NA * NA * NA * Customer C 8,263,840 NA * NA * Customer D NA * NA * NA * The following table sets forth a summary of single customers who represent 10% or more of the Group’s total accounts receivable: December 31, June 30, RM RM USD Amount of the Group’s revenue: Customer A 2,326,144 11,668,144 2,473,532 * Revenue from relevant customer was less than 10% of the Group’s total revenue for the respective year.

Fair Value and Fair Value Hiera

Fair Value and Fair Value Hierarchy of Financial Instruments	6 Months Ended
	Jun. 30, 2024
Fair Value and Fair Value Hierarchy of Financial Instruments [Abstract]
FAIR VALUE AND FAIR VALUE HIERARCHY OF FINANCIAL INSTRUMENTS	34 FAIR VALUE AND FAIR VALUE HIERARCHY OF FINANCIAL INSTRUMENTS The carrying amounts and fair values of the Group's financial instruments, other than those with carrying amounts that reasonably approximate to fair values, are as follows: Carrying amount Fair value December 31, June 30, December 31, June 30, RM RM USD RM RM USD Financial assets Financial assets at fair value through profit or loss 72,793 74,599 15,814 72,793 74,599 15,814 Financial assets at fair value through other comprehensive income 38,368,829 44,375,928 9,407,260 38,368,829 44,375,928 9,407,260 Liabilities Warrant liabilities 1,964,335 7,614,909 1,614,286 1,964,335 7,614,909 1,614,286 Management has assessed that the fair value of financial assets measured at fair value through other comprehensive income approximate to their carrying amounts largely due to the independent valuation performed and valuation technique that take into account key inputs such as P/E multiples, long-term growth rate and discount rate etc. At each reporting date, management analyses the movements in the values of financial instruments and determines the major inputs applied in the valuation. The valuation procedures applied include consideration of recent transactions in the same security or financial instrument, recent financing of the investee companies, economic and market conditions, current and projected financial performance of the investee companies, and the investee companies’ management team as well as potential future strategies to realize the investments. Management believes that the estimated fair values resulting from the valuation technique, which are recorded in the consolidated statements of financial position, and the related changes in fair values, which are recorded in profit or loss and other comprehensive income, are reasonable, and that they were the most appropriate values at the end of the reporting periods. Fair value hierarchy The following tables illustrate the fair value measurement hierarchy of the Group’s financial instruments: Assets measured at fair value: Fair value measurement using Quoted Significant Significant Total RM RM RM RM As at December 31, 2023 Financial assets at fair value through profit or loss - - 72,793 72,793 Financial assets at fair value through other comprehensive income 36 - 38,368,793 38,368,829 Financial liabilities, at fair value through profit or loss - 1,964,335 - 1,964,335 As at June 30, 2024 Financial assets at fair value through profit or loss - - 74,599 74,599 Financial assets at fair value through other comprehensive income 2,449,454 - 41,926,474 44,375,928 Financial liabilities, at fair value through profit or loss - 7,614,909 - 7,614,909 As of June 30, 2024, the entire investment of shares in YY Group Holding Limited at RM2,499,441 ( USD519,257 The movements in fair value measurements within Level 1 during the years are as follow: December 31, June 30, RM RM USD Quoted/Unquoted equity shares at fair value through other comprehensive income At beginning of year 12,819,747 36 8 Addition 369,967 23,738,105 5,032,244 Disposal (13,891,379 ) (14,548,082 ) (3,084,050 ) Currency realignment - 66,390 14,074 Total unrealized gain recognized in other comprehensive income/(loss) 701,701 (6,806,995 ) (1,443,016 ) At end of year 36 2,449,454 519,260

Reconciliations of Liabilities

Reconciliations of Liabilities Arising from Financing Activities	6 Months Ended
	Jun. 30, 2024
Reconciliations of Liabilities Arising from Financing Activities [Abstract]
RECONCILIATIONS OF LIABILITIES ARISING FROM FINANCING ACTIVITIES	35 RECONCILIATIONS OF LIABILITIES ARISING FROM FINANCING ACTIVITIES At Subsidiary Proceeds Principal Interest Interest At end of RM RM RM RM RM RM RM As of June 30, 2024 Bank borrowings 322,599 - - (44,429 ) 4,446 (4,446 ) 278,170 Lease liabilities 1,255,340 - - (351,315 ) 24,327 (24,327 ) 904,025 Other borrowings 600,000 - - - - - 600,000 2,177,939 - - (395,744 ) 28,773 (28,773 ) 1,782,195 At Subsidiary Proceeds Principal Interest Interest At end of RM RM RM RM RM RM RM As of December 31, 2023 Bank borrowings 443,174 - - (120,575 ) 13,954 (13,954 ) 322,599 Lease liabilities 744,959 - 886,093 (375,712 ) 30,288 (30,288 ) 1,255,340 Other borrowings 649,699 - - (49,699 ) 46,562 (46,562 ) 600,000 1,837,832 - 886,093 (545,986 ) 90,804 (90,804 ) 2,177,939

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	36 SUBSEQUENT EVENTS The Company evaluated all events and transactions from June 2024, up through August 19, 2024, which is the date that these unaudited interim condensed consolidated financial statements are available to be issued, other than the events disclosed above, there are not any material subsequent events that require in the consolidated financial statements.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
BASIS OF ACCOUNTING	BASIS OF ACCOUNTING The unaudited interim condensed consolidated financial statements have been prepared in accordance with the historical cost basis, except as disclosed in the accounting policies below, and are drawn up in accordance with the provisions of the International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). Historical cost is generally based on the fair value of the consideration given in exchange for goods and services. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, regardless of whether that price is directly observable or estimated using another valuation technique. In estimating the fair value of an asset or a liability, the Company takes into account the characteristics of the asset or liability which market participants would take into account when pricing the asset or liability at the measurement date. Fair value for measurement and/or disclosure purposes in these financial statements is determined on such a basis. In addition, for financial reporting purposes, fair value measurements are categorised into Level 1, 2 or 3 based on the degree to which the inputs to the fair value measurements are observable and the significance of the inputs to the fair value measurement in its entirety, which are described as follows: ● Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date; ● Level 2 inputs are inputs, other than quoted prices included within Level 1, that are observable for the asset or liability, either directly or indirectly; and ● Level 3 inputs are unobservable inputs for the asset or liability.
BASIS OF CONSOLIDATION	BASIS OF CONSOLIDATION (a) Consolidation As the Group were under same control of the controlling shareholders and their entire equity interests were also ultimately held by the controlling shareholders immediately prior to the group reorganization, the unaudited interim condensed consolidated statements of profit or loss and other comprehensive income, unaudited interim condensed consolidated statements of changes in equity and unaudited interim condensed consolidated statements of cash flows statements are prepared as if the current group structure had been in existence throughout the two-year period ended June 30, 2024, or since the respective dates of incorporation/establishment of the relevant entity, where this is a shorter period. The unaudited interim condensed consolidated statements of financial position as at June 30, 2023 and 2024 present the assets and liabilities of the aforementioned companies now comprising the Group which had been incorporated/established as at the relevant balance sheet date as if the current group structure had been in existence at those dates based on the same control aforementioned. The Group eliminates all significant intercompany balances and transactions in its unaudited interim condensed consolidated financial statements. Subsidiary corporations are all entities (including structured entities) over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiary corporations are fully consolidated from the date on which control is transferred to the Group. They are deconsolidated from the date that control ceases. In preparing the unaudited interim condensed consolidated financial statements, transactions, balances and unrealized gains on transactions between group entities are eliminated. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment indicator of the transferred asset. Accounting policies of subsidiary corporations have been changed where necessary to ensure consistency with the policies adopted by the Group. Non-controlling interests comprise the portion of a subsidiary corporation’s net results of operations and its net assets, which is attributable to the interests that are not owned directly or indirectly by the equity holders of the Company. They are shown separately in the unaudited interim condensed consolidated statements of comprehensive income, statements of changes in equity, and statements of financial position. Total comprehensive income is attributed to the non-controlling interests based on their respective interests in a subsidiary, even if this results in the non-controlling interests having a deficit balance. Acquisition of entities under an internal reorganization scheme does not result in any change in economic substance. Accordingly, the unaudited interim condensed consolidated financial statements of the Group are a continuation of the acquired entities and is accounted for as follows: (i) The results of entities are presented as if the internal reorganization occurred from the beginning of the earliest period presented in the financial statements; (ii) The Group will consolidate the assets and liabilities of the acquired entities at the pre-combination carrying amounts. No adjustments are made to reflect fair values, or recognize any new assets or liabilities, at the date of the internal reorganization that would otherwise be done under the acquisition method; and (iii) No new goodwill is recognized as a result of the internal reorganization. The only goodwill that is recognized is the existing goodwill relating to the combining entities. Any difference between the consideration paid/transferred and the equity acquired is reflected within equity as merger reserve or deficit. (b) Acquisitions The acquisition method of accounting is used to account for business combinations entered into by the Group. The consideration transferred for the acquisition of a subsidiary corporation or business comprises the fair value of the assets transferred, the liabilities incurred, and the equity interests issued by the Group. The consideration transferred also includes any contingent consideration arrangement and any pre-existing equity interest in the subsidiary measured at their fair values at the acquisition date. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are, with limited exceptions, measured initially at their fair values at the acquisition date. On an acquisition-by-acquisition basis, the Group recognizes any non-controlling interest in the acquiree at the date of acquisition either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s identifiable net assets. The excess of (a) the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previous equity interest in the acquiree over the (b) fair value of the identifiable net assets acquired is recorded as goodwill. (c) Disposals When a change in the Group’s ownership interest in a subsidiary corporation result in a loss of control over the subsidiary corporation, the assets and liabilities of the subsidiary corporation including any goodwill are derecognized. Amounts previously recognized in other comprehensive income in respect of that entity are also reclassified to profit or loss or transferred directly to retained earnings if required by a specific Standard. Any retained equity interest in the entity is remeasured at fair value. The difference between the carrying amount of the retained interest at the date when control is lost, and its fair value is recognized in profit or loss. (d) Transactions with non-controlling interests Changes in the Group’s ownership interest in a subsidiary corporation that do not result in a loss of control over the subsidiary corporation are accounted for as transactions with equity owners of the Company. Any difference between the change in the carrying amounts of the non-controlling interest and the fair value of the consideration paid or received is recognized within equity attributable to the equity holders of the Company.
CONVENIENCE TRANSLATION	CONVENIENCE TRANSLATION Translations of amounts in the unaudited interim condensed consolidated statement of financial position, unaudited interim condensed consolidated statements of profit or loss and other comprehensive income, and unaudited interim condensed consolidated statement of cash flows from RM into USD as of and for the year ended June 30, 2024 are solely for the convenience of the reader and were calculated at the noon buying rate of USD1 RM4.7172
FINANCIAL ASSETS	FINANCIAL ASSETS (a) Classification and measurement The Group classifies its financial assets at fair value through other comprehensive income, fair value through profit and loss and amortized cost. The classification depends on the Group’s business model for managing the financial assets as well as the contractual terms of the cash flows of the financial assets. Financial assets at fair value through other comprehensive income (“FVTOCI”) are equity securities which are not held for trading but more for strategic investments or debt securities where contractual cash flows are solely principal and interest and the objective of the Group’s business model is achieved both by collecting contractual cash flow and selling financial assets. On initial recognition, the Group may make an irrevocable election (on an instrument-by-instrument basis) to designate investments in equity instruments as at FVTOCI. Designation at FVTOCI is not permitted if the equity investment is held for trading or if it is contingent consideration recognised by an acquirer in a business combination. Investments in equity instruments as at FVTOCI are initially measured at fair value plus transaction costs. Subsequently, they are measured at fair value with gains and losses arising from changes in fair value recognised in other comprehensive income (“OCI”) and accumulated in the retained earnings. The cumulative gain or loss will not be reclassified to profit or loss on disposal of the equity investments, and will be transferred to retained earnings. The Group reclassifies debt instruments when and only when its business model for managing those assets changes. At subsequent measurement - Debt instrument Debt instruments mainly comprise of cash and cash equivalents and other receivables (excluding prepayments). Debt instruments that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortized cost. A gain or loss on a debt instrument that is subsequently measured at amortized cost and is not part of a hedging relationship is recognized in profit or loss when the asset is derecognized or impaired. Interest income from these financial assets is included in interest income using the effective interest rate method. (b) Recognition and derecognition Regular way purchases and sales of financial assets are recognized on trade date – the date on which the Group commits to purchase or sell the asset. Financial assets are derecognized when the rights to receive cash flows from the financial assets have expired or have been transferred and the Group has transferred substantially all risks and rewards of ownership. On disposal of a debt instrument, the difference between the carrying amount and the sale proceeds is recognized in profit or loss.
FINANCIAL LIABILITIES AND EQUITY INSTRUMENTS	FINANCIAL LIABILITIES AND EQUITY INSTRUMENTS Classification as debt or equity Debt and equity instruments issued by the Group are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. Equity instruments An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by the Group are recognised at the proceeds received, net of direct issue costs. Financial liabilities Except for derivative financial instruments which are stated at fair value through profit or loss, all other financial liabilities are subsequently measured at amortised cost using the effective interest method. The effective interest method is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or (where appropriate) a shorter period, to the amortised cost of a financial liability. Derecognition of financial liabilities The Group derecognises financial liabilities when, and only when, the Group’s obligations are discharged, cancelled or expired. The difference between the carrying amount of the financial liability derecognised and the consideration paid and payable, including any non-cash assets transferred or liabilities assumed, is recognised in profit or loss. Offsetting financial instruments Financial assets and liabilities are offset, and the net amount reported in the balance sheet when there is a legally enforceable right to offset and there is an intention to settle on a net basis or realize the asset and settle the liability simultaneously.
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT (a) Measurement (i) Property and equipment Property and equipment are initially recognized at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses. (ii) Components of costs The cost of an item of property and equipment initially recognized includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. (b) Depreciation Depreciation on other items of property and equipment is calculated using the straight-line method to allocate their depreciable amounts over their estimated useful lives as followed; Office renovation - 10 years Office equipment - 5 years Furniture and fittings - 5 years Electrical and fittings - 10 years Right of use asset - premise - 3 years Right of use asset – motor vehicles - 10 years Work-in-progress is not depreciated as these assets are not yet in use as at the end of the financial year. The residual values estimated useful lives and depreciation method of property and equipment are reviewed, and adjusted as appropriate, at each balance sheet date. The effects of any revision are recognized in profit or loss when the changes arise. (c) Subsequent expenditure Subsequent expenditure relating to property and equipment that has already been recognized is added to the carrying amount of the asset only when it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably. All other repair and maintenance expenses are recognized in profit or loss when incurred. (d) Disposal On disposal of an item of property and equipment, the difference between the disposal proceeds and its carrying amount is recognized in profit or loss.
INTANGIBLE ASSETS	INTANGIBLE ASSETS Software development costs are recognised in profit or loss as incurred. An intangible asset arising from development is recognised when the following criteria are met: ● it is technically feasible to complete the intangible asset so that it will be available for use or sale; ● management intends to complete the intangible asset and use or sell it; ● there is an ability to use or sell the asset; ● it can be demonstrated how the intangible asset will generate future economic benefits; ● adequate resources to complete the development and to use or sell the intangible asset are available; and ● the expenditures attributable to the intangible asset during its development can be reliably measured. Other development costs that do not meet these criteria are recognised in profit or loss as incurred. Development costs previously recognised as an expense are not recognised as an intangible asset in a subsequent period. Capitalised development costs are measured at cost less accumulated amortisation and accumulated impairment losses. The policy for the recognition and measurement of impairment losses is in accordance with Impairment of Non-Financial Assets. Software development costs are amortised on straight-line basis based on the estimated useful lives of three to five years. The useful lives and amortisation methods are reviewed at the end of each reporting period.
TRADE AND OTHER RECEIVABLES	TRADE AND OTHER RECEIVABLES A receivable is recognised when the Group has an unconditional right to receive consideration. A right to receive consideration is unconditional if only the passage of time is required before payment of that consideration is due. If revenue has been recognised before the Group has an unconditional right to receive consideration, the amount is presented as a contract asset. Trade receivables that do not contain a significant financing component are initially measured at their transaction price. Trade receivables that contain a significant financing component and other receivables are initially measured at fair value plus transaction costs. All receivables are subsequently stated at amortised cost, using the effective interest method and including an allowance for credit losses.
IMPAIRMENT OF NON-FINANCIAL ASSETS	IMPAIRMENT OF NON-FINANCIAL ASSETS Property and equipment are tested for impairment whenever there is any objective evidence or indication that these assets may be impaired. For the purpose of impairment testing, the recoverable amount (i.e., the higher of the fair value less cost to sell and the value-in-use) is determined on an individual asset basis unless the asset does not generate cash inflows that are largely independent of those from other assets. If this is the case, the recoverable amount is determined for the Cash Generating units (“CGU”) to which the asset belongs. If the recoverable amount of the asset (or CGU) is estimated to be less than its carrying amount, the carrying amount of the asset (or CGU) is reduced to its recoverable amount. The difference between the carrying amount and recoverable amount is recognized as an impairment loss in profit or loss. An impairment loss for an asset is reversed if, and only if, there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. The carrying amount of this asset is increased to its revised recoverable amount, provided that this amount does not exceed the carrying amount that would have been determined (net of any accumulated amortization or depreciation) had no impairment loss been recognized for the asset in prior years. A reversal of impairment loss for an asset other than goodwill is recognized in profit or loss.
TRADE AND OTHER PAYABLES	TRADE AND OTHER PAYABLES Trade and other payables represent liabilities for goods and services provided to the Group prior to the end of financial year which are unpaid. They are classified as current liabilities if payment is due within one year or less (or in the normal operating cycle of the business if longer). Otherwise, they are presented as non-current liabilities. Trade and other payables are initially recognized at fair value, and subsequently carried at amortized cost using the effective interest method.
CONTRACT LIABILITIES	CONTRACT LIABILITIES A contract liability is recognised when the customer pays non-refundable consideration before the Group recognises the related revenue. A contract liability would also be recognised if the Group has an unconditional right to receive non-refundable consideration before the Group recognises the related revenue. In such cases, the corresponding receivable would also be recognised. Contract liabilities are recognized as revenue when the Group satisfies its performance obligation.
BANK AND OTHER BORROWINGS	BANK AND OTHER BORROWINGS Borrowings are presented as current liabilities unless the Group has an unconditional right to defer settlement for at least 12 months after the balance sheet date, in which case they are presented as non-current liabilities. (a) Borrowings - (b) Borrowing costs - All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
LEASES	LEASES When the Group is the lessee At the inception of the contract, the Group assesses if the contract contains a lease. A contract contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Reassessment is only required when the terms and conditions of the contract are changed. ● Right-of-use assets The Group recognizes a right-of-use asset and lease liability at the date which the underlying asset is available for use. Right-of-use assets are measured at cost which comprises the initial measurement of lease liabilities adjusted for any lease payments made at or before the commencement date and lease incentive received. Any initial direct costs that would not have been incurred if the lease had not been obtained are added to the carrying amount of the right- of-use assets. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. ● Lease liabilities The initial measurement of a lease liability is measured at the present value of the lease payments discounted using the implicit rate in the lease, if the rate can be readily determined. If that rate cannot be readily determined, the Group shall use its incremental borrowing rate. Lease payments include the following: - Fixed payment (including in-substance fixed payments), less any lease incentives receivables; - Variable lease payment that are based on an index or rate, initially measured using the index or rate as at the commencement date; - Amount expected to be payable under residual value guarantees; - The exercise price of a purchase option if is reasonably certain to exercise the option; and - Payment of penalties for terminating the lease, if the lease term reflects the Group exercising that option. For contracts that contain both lease and non-lease components, the Group allocates the consideration to each lease component on the basis of the relative stand-alone price of the lease and non-lease component. The Group has elected to not separate lease and non-lease component for property leases and account these as one single lease component. Lease liability is measured at amortized cost using the effective interest method. Lease liability shall be remeasured when: - There is a change in future lease payments arising from changes in an index or rate; - There is a change in the Group’s assessment of whether it will exercise an extension option; or - There is modification in the scope or the consideration of the lease that was not part of the original term. Lease liability is remeasured with a corresponding adjustment to the right-of-use assets, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. ● Short-term and low-value leases The Group has elected to not recognized right-of-use assets and lease liabilities for short-term leases that have lease terms of 12 months or less and leases of low-value leases. Lease payments relating to these leases are expensed to profit or loss on a straight-line basis over the lease term. ● Variable lease payments Variable lease payments that are not based on an index or a rate are not included as part of the measurement and initial recognition of the lease liability. The Group shall recognize those lease payments in profit or loss in the periods that triggered those lease payments.
EMPLOYEE BENEFITS	EMPLOYEE BENEFITS Employee benefits are recognized as an expense, unless the cost qualifies to be capitalized as an asset. (a) Defined contribution plans Defined contribution plans are post-employment benefit plans under which the Group pays fixed contributions into separate entities such as the Employees Provident Fund on a mandatory, contractual or voluntary basis. The Group has no further payment obligations once the contributions have been paid. (b) Employee leave entitlement Employee entitlements to annual leave are recognized when they accrue to employees. A provision is made for the estimated liability for annual leave as a result of services rendered by employees up to the balance sheet date.
PROVISIONS	PROVISIONS Provisions are recognised when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that the Group will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows. When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, the receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.
REVENUE RECOGNITION	REVENUE RECOGNITION Revenue is recognised to depict the transfer of promised services to clients at an amount that reflects the consideration to which an entity expects to be entitled in exchange for those services. Specifically, the Group uses a five-step approach to recognise revenue: ● Step 1: Identify the contract(s) with a client ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognise revenue when (or as) the Group satisfies a performance obligation The Group recognises revenue when (or as) a performance obligation is satisfied, i.e., when “control” of the services underlying the particular performance obligations is transferred to clients. A performance obligation represents a service (or a bundle of services) that is distinct or a series of distinct services that are substantially the same. Control is transferred overtime and revenue is recognised overtime by reference to the progress towards complete satisfaction of the relevant performance obligation if one of the following criteria is met: ● the client simultaneously receives and consumes the benefits provided by the Group’s performance as the Group performs; ● the Group’s performance creates or enhances an asset that the client controls as the asset is created or enhanced; or ● the Group’s performance does not create an asset with an alternative use to the Group and the Group has an enforceable right to payment for performance completed to date. Otherwise, revenue is recognised at a point in time when the customer obtains control of the distinct service. a) Business Strategy Consultancy Business strategy consultancy services primarily included listing advisory and solutions, investors relations and boardroom strategies consultancy. The revenues generated from business strategy consultancy services are generally based on the fixed fee billing arrangements that require the clients to pay a pre-established fee in exchange for a predetermined set of professional services. The clients agree to pay a fixed fee periodically over the contract terms as specified in the service agreements. Our contracts from business strategy consultancy are typically less than a year in duration. Revenues are generally recognised over time. When contractual billings represent an amount that corresponds directly with the value provided to the client, revenues are recognised as amount become billable in accordance with the contract terms. Revenues from fixed-priced contracts are generally recognised using costs incurred to date relative to total estimated costs at completion to measure progress toward satisfying the Company performance obligations. Incurred cost represents work performed, which corresponds with, and thereby best depicts, the transfer of control to client. b) Technology Development, Solutions and Consultancy Technology development, solutions and consultancy primarily included digital development, fintech solution and software solutions. Technology Development The contract is typically fixed priced and does not provide any post contract client support or upgrades. The Group designs system based on clients’ specific needs which require the Group to perform services including design/redesign, development, and integration. These services also require significant customization. Upon delivery of the services, client acceptance is generally required. The Group assesses that software development services is considered as a performance obligation. The duration of the development period is usually six months to two years. The Group’s system development service revenues are generated primarily from contracts with clients across sectors. The contracts contain negotiated billing terms which generally include multiple payment phases throughout the contract term and a portion of contract amount usually is billed upon the completion of the related projects. Pursuant to the contract terms, the Group has enforceable right on payments for the work performed. The Group’s revenue from technology development contracts is generally recognized over time. The Group uses an input method based on cost incurred as the Group believes that this method most accurately reflects the Group’s progress toward satisfaction of the performance obligation, which usually takes six months to two years. Under this method, the Group could appropriately measure the fulfilment of a performance obligation. Assumptions, risks, and uncertainties inherent in the estimates used to measure progress could affect the amount of revenues, receivables, and deferred revenues at each reporting period. Solutions and Consultancy Revenue from solutions and consulting services is primarily comprised of fixed-fee contracts, which require the Group to provide professional solutions and consulting services over contract terms beginning on the commencement date of each contract, which is the date its service is made available to clients. Billings to the clients are generally on a monthly or quarterly basis over the contract term, which is typically 6 to 12 months. The solutions and consulting services contracts typically include a single performance obligation. The revenue from solutions and consulting services is recognized over the contract term. c) Interest income Interest income is received from the money lending other entities and individuals. Interest income is recognised on a time-proportion basis using the effective interest method. When a receivable is impaired, the Group reduces the carrying amount to its recoverable amount, being the estimated future cashflow discounted at original effective interest rate of the instrument, and thereafter amortising the discount as interest income.
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents include cash on hand, deposits with financial institutions which are subject to an insignificant risk of change in value.
SHARE CAPITAL	SHARE CAPITAL Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of new ordinary shares are deducted against the share capital account.
INCOME TAX	INCOME TAX Current income tax for current and prior periods is recognized at the amount expected to be paid to or recovered from the tax authorities, using the tax rates and tax laws that have been enacted or substantively enacted by the end of the reporting period. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation and considers whether it is probable that a tax authority will accept an uncertain tax treatment. The Group measures its tax balances either based on the most likely amount or the expected value, depending on which method provides a better prediction of the resolution of the uncertainty. Deferred income tax is recognized for all temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements except when the deferred income tax arises from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and affects neither accounting nor taxable profit or loss at the time of the transaction. A deferred income tax liability is recognized on temporary differences arising on investments in subsidiaries, associates and joint ventures, except where the Group is able to control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future. A deferred income tax asset is recognized to the extent that it is probable that future taxable profit will be available against which the deductible temporary differences and tax losses can be utilized. Deferred income tax is measured: (i) at the tax rates that are expected to apply when the related deferred income tax asset is realized or the deferred income tax liability is settled, based on tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date; and (ii) based on the tax consequence that will follow from the manner in which the Group expects, at the balance sheet date, to recover or settle the carrying amounts of its assets and liabilities except for investment properties. Investment property measured at fair value is presumed to be recovered entirely through sale. Current and deferred income taxes are recognized as income or expense in profit or loss, except to the extent that the tax arises from a business combination or a transaction which is recognized directly in equity. Deferred tax arising from a business combination is adjusted against goodwill on acquisition. The Group accounts for investment tax credits (for example, productivity and innovation credit) similar to accounting for other tax credits where a deferred tax asset is recognized for unused tax credits to the extent that it is probable that future taxable profit will be available against which the unused tax credits can be utilized.
FOREIGN CURRENCY TRANSACTIONS	FOREIGN CURRENCY TRANSACTIONS (a) Functional and presentation currency Items included in the financial statements of each entity in the Group are measured using the currency of the primary economic environment in which the entity operates (“functional currency”). The financial statements are presented in Ringgit Malaysia (“RM”), which is the functional currency of the Company and the presentation currency of the Group. The value of foreign currencies including, the US Dollar (“USD”), may fluctuate against the RM. Any significant variations of the aforementioned currencies relative to the RM may materially affect the Group’s financial condition in terms of reporting in RM. The following table outlines the currency exchange rates that were used in preparing the accompanying consolidated financial statements: December 31, June 30, 2023 2023 2024 RM to USD at the end of the period 4.4025 4.6679 4.7172 RM to USD Average rate 4.3983 4.4863 4.7321 (b) Transactions and balances Transactions in a currency other than the functional currency (“foreign currency”) are translated into the functional currency using the exchange rates at the dates of the transactions. Currency exchange differences resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at the closing rates at the balance sheet date are recognized in profit or loss. Monetary items include primarily financial assets (other than equity investments), contract assets and financial liabilities. However, in the consolidated financial statements, currency translation differences arising from borrowings in foreign currencies and net investment in foreign operations, are recognized in other comprehensive income and accumulated in the currency translation reserve. When a foreign operation is disposed of or any loan forming part of the net investment of the foreign operation is repaid, a proportionate share of the accumulated currency translation differences is reclassified to profit or loss, as part of the gain or loss on disposal. Non-monetary items measured at fair values in foreign currencies are translated using the exchange rates at the date when the fair values are determined. (c) Translation of Group entities’ financial statements The results and financial position of all the Group entities (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: (i) assets and liabilities are translated at the closing exchange rates at the reporting date; (ii) income and expenses are translated at average exchange rates (unless the average is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated using the exchange rates at the dates of the transactions); and (iii) all resulting currency translation differences are recognized in other comprehensive income and accumulated in the currency translation reserve. These currency translation differences are reclassified to profit or loss on disposal or partial disposal with loss of control of the foreign operation. Goodwill and fair value adjustments arising on the acquisition of foreign operations are treated as assets and liabilities of the foreign operations and translated at the closing rates at the reporting date.
RELATED PARTIES	RELATED PARTIES (a) A person, or a close member of that person’s family, is related to the Group if that person: (i) has control or joint control over the Group; (ii) has significant influence over the Group; or (iii) is a member of the key management personnel of the Group or the Group’s parent. (b) An entity is related to the Group if any of the following conditions applies: (i) The entity and the group are members of the same Group (which means that each parent, subsidiary and fellow subsidiary is related to the others). (ii) One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a Group of which the other entity is a member). (iii) Both entities are joint ventures of the same third party. (iv) One entity is a joint venture of a third entity and the other entity is an associate of the third entity. (v) The entity is a post-employment benefit plan for the benefit of employees of either the Group or an entity related to the group. (vi) The entity is controlled or jointly controlled by a person identified in (a). (vii) A person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity). (viii) The entity, or any member of a Group of which it is a part, provides key management personnel services to the Group or to the Group’s parent. Close members of the family of a person are those family members who may be expected to influence, or be influenced by, that person in their dealings with the entity.
EARNINGS PER SHARE	EARNINGS PER SHARE The Group presents basic and diluted earnings per share data for its ordinary shares. Basic earnings per share is calculated by dividing the profit or loss attributable to ordinary shareholders of the Company by the weighted-average number of ordinary shares outstanding during the year, adjusted for own shares held, if any. Diluted earnings per share is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted-average number of ordinary shares outstanding, adjusted for own shares held, if any, for the effects of all dilutive potential ordinary shares.
DIVIDENDS	DIVIDENDS Dividends to the Company’s shareholders are recognized when the dividends are approved for payment.
SEGMENT REPORTING	SEGMENT REPORTING Operating segments, and the amounts of each segment item reported in the financial statements, are identified from the financial information provided regularly to the Group’s most senior executive management for the purposes of allocating resources to, and assessing the performance of, the Group’s various lines of business and geographical locations. Individually material operating segments are not aggregated for financial reporting purposes unless the segments have similar economic characteristics and are similar in respect of the nature of products and services, the nature of production processes, the type or class of customers, the methods used to distribute the products or provide the services, and the nature of the regulatory environment. Operating segments which are not individually material may be aggregated if they share a majority of these criteria.

Organization and Principal Ac_2

Organization and Principal Activities (Tables)	6 Months Ended
	Jun. 30, 2024
Organization and Principal Activities [Abstract]
Schedule of Subsidiaries	The Company and its subsidiaries are in the table as follows: Percentage of effective ownership Name Date of June 30, December 31, Place of Principal % % VCI Global Limited 29.04.2020 100 100 British Virgin Island Holding company VCI Technologies Limited 13.05.2024 100 - British Virgin Island Dormant V Capital Real Estate Limited 08.02.2024 100 - British Virgin Island Dormant V Capital Consulting Limited 01.03.2016 100 100 British Virgin Island Holding company, provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory VCI Global Brands Limited (formerly known as VCIG Limited) 29.04.2020 100 100 British Virgin Island Dormant V Capital Kronos Berhad 01.09.2020 100 100 Malaysia Holding company VCI Energy Sdn Bhd (formerly known as TGI V Sdn Bhd) 12.11.2021 100 100 Malaysia Dormant V Galactech Sdn Bhd 12.01.2022 100 100 Malaysia Provision of information technology development V Capital Venture Sdn Bhd 19.08.2014 100 100 Malaysia Provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory Accuventures Sdn Bhd 22.06.2015 100 100 Malaysia Provision of technology development, computer software programming and holding company. Credilab Sdn Bhd 26.10.2020 100 100 Malaysia Carry on licensed money lending activities, consulting, information technology development, and computer software programming VCI Wootzano Robotics Sdn Bhd (formerly known as V Capital Robotics Sdn Bhd) 12.10.2021 100 100 Malaysia Dormant Imej Jiwa Communications Sdn Bhd 29.10.2012 100 100 Malaysia Provision of investor relation consultation services. V Capital Quantum Sdn Bhd 18.01.2018 100 100 Malaysia Provision of information technology development, business consultancy services and holding company. AB Management and Consultancy Services Sdn Bhd 05.04.2020 93.3 80 Malaysia Holding company Elmu V Sdn Bhd 18.05.2021 69.2 69.2 Malaysia Education and training services Elmu Education Group Sdn Bhd 03.12.2020 56 56 Malaysia Education and training services Elmu Higher Education Sdn Bhd 24.05.2021 56 56 Malaysia Education and training services V Capital Real Estate Sdn Bhd 05.07.2021 100 100 Malaysia Provision of consultancy services in relation to real estate V Capital Advisory Sdn Bhd 12.02.2018 100 100 Malaysia Provision of corporate and business advisory in relation to corporate listing exercise, equity investment, corporate restructuring, merger and acquisition and corporate finance. Generative AI Sdn Bhd 21.07.2023 100 100 Malaysia Provision of Artificial Intelligence, image processing, communication, networking, & process control software services.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Schedule of Depreciation of Property and Equipment Using Straight-Line Method	Depreciation on other items of property and equipment is calculated using the straight-line method to allocate their depreciable amounts over their estimated useful lives as followed; Office renovation - 10 years Office equipment - 5 years Furniture and fittings - 5 years Electrical and fittings - 10 years Right of use asset - premise - 3 years Right of use asset – motor vehicles - 10 years
Schedule of Currency Exchange Rate Used in Consolidated Financial Statements	The following table outlines the currency exchange rates that were used in preparing the accompanying consolidated financial statements: December 31, June 30, 2023 2023 2024 RM to USD at the end of the period 4.4025 4.6679 4.7172 RM to USD Average rate 4.3983 4.4863 4.7321

Financial Assets Measured at _3

Financial Assets Measured at Fair Value Through Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2024
Financial Assets Measured at Fair Value Through Other Comprehensive Income [Abstract]
Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income	December 31, June 30, RM RM USD At beginning of year 12,819,747 38,368,829 8,133,814 Addition 50,492,301 26,888,040 5,700,000 Disposal (27,423,012 ) (14,548,082 ) (3,084,050 ) Fair value adjustment 2,378,581 (7,018,825 ) (1,487,922 ) Currency realignment 101,212 685,966 145,418 At end of year 38,368,829 44,375,928 9,407,260 December 31, June 30, RM RM USD Listed equity security - Treasure Global Inc. 36 13 3 - YY Group Holding Limited - 2,449,441 519,257 36 2,449,454 519,260 Unlisted equity securities - Sagtec Global Limited 7,746,738 7,962,634 1,688,000 - YY Group Holding Limited 23,738,105 - - - GlobexUS Holdings Corp 6,883,950 7,075,800 1,500,000 - Fintech Scion Limited - 26,888,040 5,700,000 38,368,793 41,926,474 8,888,000 38,368,829 44,375,928 9,407,260
Schedule of Fair Value Measurements Categorized within Level 2 of the Fair Value Hierarchy	The significant unobservable inputs used in the fair value measurements categorized within Level 3 of the fair value hierarchy, together with a quantitative sensitivity analysis as of June 30, 2024 are shown below: Revenue growth rate A decrease in revenue growth rate would result in a decrease in fair value. Weighted Average Cost of Capital (“WACC”) An increase in WACC would result in a decrease in fair value. Price Earnings (“P/E”) Multiples A decrease in P/E would result in decrease in the fair value. Discount for lack of marketability (“DLOM”) An increase in DLOM would result in a decrease in fair value.

Financial Assets Measured at _4

Financial Assets Measured at Fair Value Through Profit and Loss (Tables)	6 Months Ended
	Jun. 30, 2024
Financial Assets Measured at Fair Value Through Profit and Loss [Abstract]
Schedule of Financial Assets Measured at Fair Value Through Profit and Loss	December 31, June 30, RM RM USD Unquoted shares: At beginning of year 72,295 72,793 15,431 Addition - - - Disposal - - - Currency realignment 498 1,806 383 At end of year 72,793 74,599 15,814

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Office Fixtures and fittings Office renovations Computer & software Renovation in progress Total RM RM RM RM RM RM Cost As of December 31, 2022 185,085 260,803 1,323,962 127,650 - 1,897,500 Additions 122,994 100,698 818,044 207,862 713,259 1,962,857 Disposals (3,470 ) - - (7,097 ) - (10,567 ) Currency alignment - 4 1,919 - - 1,923 As of December 31, 2023 304,609 361,505 2,143,925 328,415 713,259 3,851,713 Additions 117,889 3,603 88,536 44,550 492,103 746,681 Disposals - - - - - - As of June 30, 2024 422,498 365,108 2,232,461 372,965 1,205,362 4,598,394 Accumulated depreciation As of December 31, 2022 35,789 71,458 184,461 54,213 - 345,921 Depreciation for the period 26,584 66,251 185,418 39,855 - 318,108 Disposals (3,470 ) - - (7,097 ) - (10,567 ) Written off - 8 120 - - 128 As of December 31, 2023 58,903 137,717 369,999 86,971 - 653,590 Depreciation for the period 13,235 31,672 103,925 29,487 - 178,319 Adjustments Effect of foreign exchange - 2 700 - - 702 Disposals As of June 30, 2024 72,138 169,391 474,624 116,458 - 832,611 Carrying amounts As of December 31, 2023 245,706 223,788 1,773,926 241,444 713,259 3,198,123 As of June 30, 2024 350,360 195,717 1,757,837 256,507 1,205,362 3,765,783 As of June 30, 2024 (USD) 74,273 41,490 372,644 54,377 255,525 798,309

Right-of-Use Assets (Tables)

Right-of-Use Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Right-of-Use Assets [Abstract]
Schedule of Right-of-Use Assets	Office Motor vehicles Total RM RM RM Cost At January 1, 2023 952,191 - 952,191 Additions 639,093 275,542 914,635 At December 31, 2023 1,591,284 275,542 1,866,826 Additions - - - At June 30, 2024 1,591,284 275,542 1,866,826 Accumulated depreciation At January 1, 2023 238,048 - 238,048 Charges 397,283 27,554 424,837 At December 31, 2023 635,331 27,554 662,885 Charges 318,472 13,777 332,249 At June 30, 2024 953,803 41,331 995,134 Carrying amount: At December 31, 2023 955,953 247,988 1,203,941 At June 30, 2024 637,481 234,211 871,692 At June 30, 2024 (USD) 135,140 49,650 184,790

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Intangible Assets [Abstract]
Schedule of Intangible Assets	December 31, June 30, RM RM USD Cost At January 1 - 4,700,894 1,024,316 Additions 4,700,894 3,009,940 638,078 Currency realignment - 127,900 27,113 Effect of foreign exchange - - (27,773 ) At December 31 4,700,894 7,838,734 1,661,734
Schedule of Additions of Intangible Assets	Included in the additions of intangible assets during the financial year are as follows: December 31, June 30, RM RM USD Salaries and related costs - Staff 111,594 162,394 34,426

Deferred Tax Assets (Tables)

Deferred Tax Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Deferred Tax Assets [Abstract]
Schedule of Major Deferred Tax Assets	The following are the major deferred tax assets recognised by the Group and the movements thereon, during the current and prior reporting periods: December 31, June 30, RM RM USD Provisions: At beginning/end of year 339,650 339,650 72,002

Trade and Other Receivables (Ta

Trade and Other Receivables (Tables)	6 Months Ended
	Jun. 30, 2024
Trade and Other Receivables [Abstract]
Schedule of Trade and Other Receivables	December 31, June 30, RM RM USD Trade receivables - Third parties 11,310,279 27,995,076 5,934,681 - Related parties 2,499,319 5,531,955 1,172,720 13,809,598 33,527,031 7,107,401 Less: Allowance for expected credit losses on trade receivables (2,518,122 ) - - 11,291,476 33,527,031 7,107,401 Deposits 4,122,755 4,518,326 957,841 Prepayments 466,629 84,991,054 18,017,267 Other receivables 13,068,732 18,977,576 4,023,059 28,949,592 142,013,987 30,105,568 Movement in allowance for expected credit losses on trade receivables as follows: Beginning balances 1,757,638 2,518,122 533,817 Additional 756,973 - - Bad debt written off - (2,518,122 ) (533,817 ) Currency realignment 3,511 - - Ending balance 2,518,122 - - December 31, June 30, RM RM USD Not past due 5,961,854 18,960,617 4,019,465 Past due 7,847,744 14,566,414 3,087,936 Less: Allowance for expected credit losses (2,518,122 ) - - 11,291,476 33,527,031 7,107,401
Schedule of Aging of Receivables that are Past Due the Average Credit Period	Aging of receivables that are past due the average credit period: December 31, June 30, RM RM USD < 30 days 790,489 6,410,714 1,359,008 31 days to 60 days 4,240 5,591,402 1,185,322 61 days to 210 days 5,015,219 - - 211 days to 240 days - 738,728 156,603 241 days to < 1 year 2,037,796 1,825,570 387,003 Total 7,847,744 14,566,414 3,087,936
Schedule of Provision Matrix Trade Receivables	The following table details the risk profile of trade receivables based on the Group’s provision matrix. Trade receivables – days past due Not past 1 to 30 31-60 61-210 211 – 240 Over 241 Total RM RM RM RM RM RM RM Lifetime ECL – December 31, 2023 - - - 480,326 - 2,037,796 2,518,122 Lifetime ECL – June 30, 2024 - - - - - - -
Schedule of Trade and Other Receivables not Denominated in the Functional Currency	The above balances that are not denominated in the functional currency are as follows: December 31, June 30, RM RM United States dollar 5,743,323 22,947,168

Loan Receivables (Tables)

Loan Receivables (Tables)	6 Months Ended
	Jun. 30, 2024
Loan Receivables [Abstract]
Schedule of Loan Receivables	December 31, June 30, RM RM USD Personal loans 2,912,547 3,482,771 738,313 Term loans 43,339,398 40,241,358 8,530,772 Loans to related parties 2,819,450 20,112,762 4,263,708 49,071,395 63,836,891 13,532,793 Less: Unearned interest (12,222,634 ) (417,883 ) (88,587 ) 36,848,761 63,419,008 13,444,206 Less: Allowance for expected credit losses on loan receivables (272,225 ) (640,684 ) (135,819 ) 36,576,536 62,778,324 13,308,387 December 31, June 30, RM RM USD Current asset 15,378,236 23,538,832 4,990,001 Non-current asset 21,198,300 39,239,492 8,318,386 36,576,536 62,778,324 13,308,387
Schedule of Outstanding Balances	The average credit period for services rendered is 30 (2023: 30 December 31, June 30, RM RM USD Not past due 47,476,339 62,149,303 13,175,041 Past due 1,595,056 1,687,588 357,752 49,071,395 63,836,891 13,532,793 Less: Allowance for expected credit losses on loan receivables (272,225 ) (640,684 ) (135,819 ) 48,799,170 63,196,207 26,929,767
Schedule of Aging of Loan Receivables	Aging of loan receivables that are past due the average credit period: December 31, June 30, RM RM USD < 30 days 1,482,120 816,739 173,141 31 days to 60 days 103,416 108,247 22,947 61 days to 210 days 9,520 762,602 161,664 211 days to 240 days - - - 241 days to < 1 year - - - Total 1,595,056 1,687,588 357,752
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix	As the Group’s historical credit loss experience does not show significantly different loss patterns for different customer segments, the provision for loss allowance based on past due status is not further distinguished between the Group’s different customer base: Loan receivables – days past due Not past 1 to 30 31-60 61-210 211 – 240 Over 241 Total RM RM RM RM RM RM RM Lifetime ECL – December 31, 2023 237,382 31,125 3,102 616 - - 272,225 Lifetime ECL – June 30, 2024 548,129 47,460 6,349 38,746 - - 640,684

Cash and Bank Balances (Tables)

Cash and Bank Balances (Tables)	6 Months Ended
	Jun. 30, 2024
Cash and Bank Balances [Abstract]
Schedule of Cash and Cash Equivalents	As of As of RM RM USD Cash and bank balances 4,637,260 5,872,715 1,244,958 Cash at share trading accounts 19 - - Total 4,637,279 5,872,715 1,244,958
Schedule of Functional Currency	The above balances that are not denominated in the functional currency are as follows: December 31, June 30, RM RM Singapore dollar 15,101 21,020 United States dollar 1,379,856 666,228

Trade and Other Payables (Table

Trade and Other Payables (Tables)	6 Months Ended
	Jun. 30, 2024
Trade and Other Payables [Abstract]
Schedule of Trade and Other Payables	December 31, June 30, RM RM USD Trade payables 2,326,371 1,699,707 360,321 Accruals 6,901,199 2,783,291 590,031 Sundry payables 2,592,465 16,543,862 3,507,136 Advance from a director - subsidiaries 7,563,894 - - Total 19,383,929 21,026,860 4,457,488
Schedule of Trade and Other Payables Balances that are Not Denominated in Functional Currency	The above balances that are not denominated in the functional currency are as follows: December 31, June 30, RM RM United States dollar 1,416,836 350,167 Singapore Dollars - 6,000

Lease Liabilities (Tables)

Lease Liabilities (Tables)	6 Months Ended
	Jun. 30, 2024
Lease Liabilities [Abstract]
Schedule of Lease Liabilities	December 31, June 30, RM RM USD At beginning of year / period 744,959 1,255,340 266,120 Additions 886,093 - - Finance cost 30,288 24,327 5,157 Payment (406,000 ) (375,642 ) (79,632 ) At of end of year / period 1,255,340 904,025 191,645 Future lease payment payable: - Not later than one year 732,498 664,284 140,823 - More than one year to five years 564,483 280,467 59,456 Total future minimum lease payments 1,296,981 944,751 200,279 Less: Future finance charges (41,641 ) (40,726 ) (8,634 ) 1,255,340 904,025 191,645
Schedule of Lease Liabilities at the End of the Reporting Period	The lease liabilities at the end of the reporting period bear weighted average incremental borrowing rate of 4.31% (2023: 4.31%) per annum. December 31, June 30, RM RM USD Depreciation of right-of-use asset 424,837 332,249 70,433 Interest expense on lease liabilities 30,288 24,327 5,157 Lease expense not capitalised in lease liabilities: -expense relating to short-term lease 232,081 269,160 57,059 Total amount recognised in profit or loss 687,206 625,736 132,649

Bank and Other Borrowings (Tabl

Bank and Other Borrowings (Tables)	6 Months Ended
	Jun. 30, 2024
Bank and Other Borrowings [Abstract]
Schedule of Bank and Other Borrowings	December 31, June 30, RM RM USD Bank borrowings - Current 77,277 107,726 22,837 - Non-current 245,322 170,444 36,132 Total bank borrowings 322,599 278,170 58,969 Other borrowings – current 600,000 600,000 127,194 Total borrowings 922,599 878,170 186,163

Warrant Liabilities (Tables)

Warrant Liabilities (Tables)	6 Months Ended
	Jun. 30, 2024
Warrant Liabilities [Abstract]
Schedule of Fair Value of the Warrant Liabilities	December 31, June 30, RM RM USD Cost At January 1 - 1,964,335 416,420 Additions 1,964,335 13,043,907 2,765,180 Exercised - (7,448,077 ) (1,578,919 ) Currency realignment - 54,744 11,605 At December 31 1,964,335 7,614,909 1,614,286
Schedule of Black-Scholes Pricing Model to Estimate the Fair Value of the Warrant Liabilities	The Group applied a Black-Scholes pricing model to estimate the fair value of the warrant liabilities. The significant inputs into the model are shown below. Warrant A Warrant B Warrant to Share price USD 1.08 USD 1.08 USD 2.26 Exercise price / warrant USD 1.25 USD 1.25 USD 4.00 Expected volatility 98.07 % 98.07 % 130.14 % Dividend yield Nil Nil Nil Expected term (years) 5 years 1.5 years 4.24 years Annual risk-free interest rate 4.106 % 4.106 % 3.918 %

Share Capital (Tables)

Share Capital (Tables)	6 Months Ended
	Jun. 30, 2024
Share Capital [Abstract]
Schedule of Share Capital	December 31, June 30, December 31, June 30, Number of Number of RM RM USD Paid up capital: At beginning of year / period 34,412,259 38,027,579 13,127,427 44,009,131 9,329,503 Issuance of shares (1) 1,280,000 - 3,349,620 - - Issuance of shares (2) 736,169 - 7,341,927 - - Issuance of shares (3) 304,246 - 4,068,333 - - Issuance of shares (4) 600,000 - 6,921,300 - - Issuance of shares (5) 380,000 - 4,451,733 - - Issuance of shares (6) 286,533 - 4,518,500 - - Issuance of shares (7) 28,372 - 230,291 - - Issuance of shares (8) - 2,200,000 - 5,320,120 1,127,813 Issuance of shares (9) - 149,816 - 797,844 169,135 Issuance of shares (10) - 2,518,984 - 14,995,875 3,178,978 Issuance of shares (11) - 350,000 - 6,598,200 1,398,753 Issuance of shares (12) - 2,500,000 - 10,445,600 2,214,366 Issuance of shares (13) - 1,021,047 - 5,171,195 1,096,242 Issuance of shares (14) - 8,000,000 - 32,285,776 6,844,267 Issuance of shares (15) - 14,197,447 - 46,952,428 9,953,453 Issuance of shares (16) - 1,582,542 - 5,009,859 1,062,041 At of end of year / period 38,027,579 70,547,415 44,009,131 171,586,028 36,374,551 (1) On April 12, 2023, 1,280,000 ordinary shares were issued in our initial offering at USD4.00 (2) On April 12, 2023, 736,169 ordinary shares were issued to Exchange Listing, LLC pursuant to their consulting agreement with the Company. (3) In May 2023, 229,453 and 74,793 ordinary shares were issued to Exchange Listing, LLC and Boustead Securities, LLC pursuant to the exercise of warrants, respectively. (4) On May 31, 2023, 600,000 ordinary shares were issued to Globexus Holding Corp as part of share-swap arrangement for 500 Globexus Holding Corp’s ordinary shares. (5) On April 12, 2023, 380,000 ordinary shares were issued, in aggregate, to certain of our executive officers and employees pursuant to their employment agreements. (6) On August 1, 2023, 286,533 ordinary shares were issued to ZCity Sdn. Bhd. as consideration for services rendered to the Company. (7) On October 1, 2023, 28,372 ordinary shares were issued to Outside The Box Capital Inc. as consideration for services rendered to the Company. (8) On January 17, 2024, 2,200,000 ordinary shares were issued in our following offering at USD1 .25 (9) In January 2024, 149,816 ordinary shares were issued, in aggregate, to our directors to pursuant to their employment agreements. (10) 2,518,984 ordinary shares were issued from February 2024 to April 2024, in aggregate, to pursuant to the exercise of warrants. (11) On March 18, 2024, 350,000 ordinary shares were issued to Sichenzia Ross Ference Carmel LLP as consideration for services rendered to the Company. (12) On April 10, 2024, 2,500,000 ordinary shares were issued to Legacy Credit Sdn Bhd at USD1 .00 .80 (13) On April 13, 2024, 1,021,047 ordinary shares were issued to executive director and independence director pursuant to their employment agreements. (14) On May 22, 2024, 8,000,000 ordinary shares were issued to shareholders of Treasure Gold Inc as a collateral securing the Shell Company. (15) On June 7, 2024, 14,197,447 ordinary shares were issued to Nexgen Advisory Sdn Bhd as a as prepayment for services rendered to the Company. (16) In June 2024, 1,582,542 ordinary shares were issued in At-The-Market offering at the price ranged from USD0. 59 USD0.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue [Abstract]
Schedule of Revenue	Six months ended Six months ended RM RM USD Business strategy consultancy 20,789,179 52,647,479 11,160,748 Technology development, solutions and consultancy 19,733,018 8,250,188 1,748,959 Interest income 1,118,641 3,193,950 677,086 Others 2,822,357 659,975 139,908 Total 44,463,195 64,751,592 13,726,701

Other Income (Tables)

Other Income (Tables)	6 Months Ended
	Jun. 30, 2024
Other Income [Abstract]
Schedule of Other Income	Six months ended Six months ended RM RM USD Interest income 942 3,771 799 Gain on disposal of financial asset, FVTOCI 780,319 - - Gain on forex 158,801 352,100 74,642 Reimbursement income for expenses incurred 104,839 44,377 9,408 Reversal of impairment allowance on trade receivables - 64,384 13,649 Others 10,005 26,769 5,674 Total 1,054,906 491,401 104,172

Cost of Services (Tables)

Cost of Services (Tables)	6 Months Ended
	Jun. 30, 2024
Cost of Services [Abstract]
Schedule of Cost of Services	Six months ended Six months ended RM RM USD Consultant fee 5,676,167 3,465,205 734,589 IT expenses 180,669 42,003 8,904 Training costs 192,398 47,635 10,098 Others - 426,720 90,461 Total 6,049,234 3,981,563 844,052

Employees Benefit Expenses (Tab

Employees Benefit Expenses (Tables)	6 Months Ended
	Jun. 30, 2024
Employees Benefit Expenses [Abstract]
Schedule of Employees Benefit Expenses	Six months ended Six months ended RM RM USD Wages and salaries 6,860,747 7,064,194 1,497,540 Defined contribution plan 514,817 593,912 125,904 Other short-term benefits 394,661 47,320 10,031 Total 7,770,225 7,705,426 1,633,475 Six months ended Six months ended RM RM USD Wages and salaries 1,758,118 1,808,696 383,426 Defined contribution plan 118,080 84,000 17,807 Other short-term benefits 1,159 1,147 243 Total 1,877,357 1,893,843 401,476

Finance Cost (Tables)

Finance Cost (Tables)	6 Months Ended
	Jun. 30, 2024
Finance Cost [Abstract]
Schedule of Finance Cost	Six months ended Six months ended RM RM USD Interest expenses on: Bank borrowings 1,246 4,446 942 Operating lease obligation 14,629 24,327 5,157 Bank charges for investment securities - 13 3 Total 15,875 28,786 6,102

Other Operating Expenses (Table

Other Operating Expenses (Tables)	6 Months Ended
	Jun. 30, 2024
Other Operating Expenses [Abstract]
Schedule of Other Operating Expenses	Six months ended Six months ended RM RM USD Regulatory compliance and statutory cost 103,237 77,577 16,446 Regulatory consultancy fee - 776,000 164,504 Cost incurred to obtain licence 12,113 19,597 4,154 Bad debt written off - 889 189 Bank charges 24,764 54,394 11,531 Entertainment 450,727 413,987 87,761 Event fees 120,448 539,691 114,409 Foreign exchange adjustment 841,902 1,852,970 392,811 Marketing expenses 419,013 4,162,840 882,481 Software and website usage fee 29,628 29,165 6,183 Staff welfare 319,518 1,065,069 225,784 Office expenses 561,345 1,406,833 298,235 Preliminary expenses written off 280 - - Referral fees - 30,000 6,360 Recruitment fees 93,101 78,935 16,733 Travelling expenses 512,997 1,164,755 246,917 Upkeep of office equipment 100,866 257,695 54,629 Loss on disposal of subsidiary - 4,794 1,016 Net investment loss 78,618 - - Total 3,668,557 11,935,191 2,530,143

Profit Before Income Tax (Table

Profit Before Income Tax (Tables)	6 Months Ended
	Jun. 30, 2024
Profit Before Income Tax [Abstract]
Schedule of Financial Statements, Profit Before Income Tax	In addition to the expenses disclosed in the notes to the financial statements, profit before income tax has been arrived at after charging the following material expenses: Six months ended Six months ended RM RM USD Legal and professional fees 1,473,823 3,531,157 748,571 Director’s fees 5,435,664 10,672,584 2,262,483

Income Tax Expenses (Tables)

Income Tax Expenses (Tables)	6 Months Ended
	Jun. 30, 2024
Income Tax Expenses [Abstract]
Schedule of Income Tax Expenses	Six months ended Six months ended RM RM USD Current income tax expense 800,000 826,402 175,189 Overprovision for tax expense (173,857 ) - - Income tax expense 626,143 826,402 175,189
Schedule of Profit Before Income Tax Differs from Using Standard Rate of Income Tax	The tax on the Group’s profit before income tax differs from the theoretical amount that would arise using the Malaysia’s standard rate of income tax as follows: Six months ended Six months ended RM RM USD Profit before income tax 20,680,347 26,240,099 5,562,643 Tax calculated at tax rate of 24% 4,963,283 6,297,624 1,335,034 Effects of: - Income not taxable for tax purposes (4,163,283 ) (5,794,261 ) (1,228,326 ) - Unutilised tax losses forfeited - - - Expenses not deductible for tax purposes - 323,039 68,481 800,000 826,402 175,189 Overprovision in prior year (173,857 ) - - Income tax expense 626,143 826,402 175,189

Operating Lease (Tables)

Operating Lease (Tables)	6 Months Ended
	Jun. 30, 2024
Operating Lease [Abstract]
Schedule of Operating Lease	June 30, June 30, RM RM USD Short-term leases 149,951 269,160 57,059

Significant Related Party Tra_2

Significant Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2024
Significant Related Party Transactions [Abstract]
Schedule of Balance with Related Parties (Common Shareholders)	Some of the Group’s transactions and arrangements are between members of the Group and the effect of these on the basis determined between the parties is reflected in these financial statements. The intercompany balances are unsecured, interest-free and repayable on demand, unless otherwise stated. December 31, June 30, RM RM USD Balance with related parties (common shareholders) Trade receivables Hoo Voon Him 988,191 1,015,731 215,325 Reveillon Group Sdn Bhd 150,001 3,117,164 660,808 V Invesco Sdn Bhd 1,361,127 1,399,060 296,587 2,499,319 5,531,955 1,172,720 Loans, Advances and Financing Reveillon Group Sdn Bhd 1,338,583 17,449,362 3,699,094 XVI Troika Sdn Bhd 1,480,867 2,615,383 554,435 Reveillon Group Limited - 48,017 10,179 2,819,450 20,112,762 4,263,708 Total amount due from related parties 5,318,769 25,644,717 5,436,428 Non-trade payables Hoo Voon Him 204,469 - - Noraini 930,890 - - V Capital Sdn Bhd 165,000 - - Amount due to related parties 1,300,359 - -
Schedule of Significant Related Party Transactions	The following represents the significant related party transactions for the years ended June 30, 2023 and 2024. For the period For the period Relationship Nature Description RM RM USD V Capital Sdn Bhd Common shareholder Trade nature Purchase of services 62,257 - - V Invesco Sdn Bhd Common shareholder Trade nature Purchase of services 55,500 - - V Capital Sdn Bhd Common shareholder Non-trade nature Advances paid by V Capital Sdn Bhd (327,307 ) - - V Capital Sdn Bhd Common shareholder Non-trade nature Advances paid to V Capital Sdn Bhd - 165,000 34,978 V Invesco Sdn Bhd Common shareholder Non-trade nature Advances paid by V Invesco Sdn Bhd (10,000 ) - - V Invesco Sdn Bhd Common shareholder Trade nature Sale of services - - - V Invesco Fund (L) Limited Common shareholder Non-trade nature Advances paid by V Invesco Fund (L) Limited (5,093 ) - - V Consortium Sdn Bhd Common shareholder Non-trade nature Advances paid by V Consortium Sdn Bhd (56,058 ) - - Hoo Voon Him Director Non-trade nature Advance paid to Director - 204,469 43,345 Noraini Binti Aripin Director Non-trade nature Advance receipt from Director (1,152,464 ) - - Vincent Hong Director Non-trade nature Advance receipt from Director (466,783 ) - - Noraini Binti Aripin Director Non-trade nature Advance paid to Director - 930,890 197,340 Reveillon Group Sdn Bhd Common Director Trade nature Sale of financing services - (147,489 ) (31,266 ) Reveillon Group Sdn Bhd Common Director Trade nature Sale of consultancy services - (2,962,982 ) (628,123 ) XVI Troika Sdn Bhd Common Director Trade nature Sale of financing services - (154,135 ) (32,675 ) Reveillon Group Limited Common Director Trade nature Sale of financing services - (3,656 ) (775 )

Operating Segments (Tables)

Operating Segments (Tables)	6 Months Ended
	Jun. 30, 2024
Operating Segments [Abstract]
Schedule of Segment Revenues and Results	Segment revenues and results Revenue Net profit June 30, June 30, June 30, June 30, RM RM USD RM RM USD Business strategy consultancy 20,789,179 52,647,479 11,160,748 6,498,804 22,909,476 4,856,584 Technology development, solutions and consultancy 19,733,018 8,250,188 1,748,959 11,772,361 3,760,825 797,258 Interest income 1,118,641 3,193,950 677,086 667,227 1,056,683 224,006 Others 2,822,357 659,975 139,908 1,616,933 (201,048 ) (42,620 ) Total 44,463,195 64,751,592 13,726,701 20,555,325 27,525,936 5,835,228 Other gains and losses 125,326 (1,260,822 ) (267,282 ) Interest income 942 3,771 799 Finance cost (1,246 ) (28,786 ) (6,102 ) Profit before income tax 20,680,347 26,240,099 5,562,643 Income tax expense (626,143 ) (826,402 ) (175,189 ) Profit for the year 20,054,204 25,413,697 5,387,454
Schedule of Segment Assets	Segment assets December 31, June 30, RM RM USD Business strategy consultancy 56,519,511 217,846,586 46,181,332 Technology development, solutions and consultancy 15,496,175 34,137,918 7,236,903 Interest income 38,007,733 13,216,039 2,801,670 Investments and others 8,024,218 2,730,869 578,917 118,047,637 267,931,412 56,798,822 Unallocated assets - - - Consolidated total assets 118,047,637 267,931,412 56,798,822

Financial Instruments, Financ_2

Financial Instruments, Financial Risks and Capital Risks Management (Tables)	6 Months Ended
	Jun. 30, 2024
Financial Instruments, Financial Risks and Capital Risks Management (Tables) [Line Items]
Schedule of Financial Instruments at the End of the Reporting Period	The following table sets out the financial instruments as at the end of the reporting period: December 31, June 30, RM RM USD Financial assets Loan and receivables (including cash and bank balances) 69,696,778 125,673,972 26,641,646 Finance assets measured at fair value through other comprehensive income 38,368,829 44,375,928 9,407,260 Finance assets measured at fair value through profit or loss 72,793 74,599 15,814 Financial liabilities Financial liabilities, at amortised cost 22,862,227 22,809,055 4,835,296 Financial liabilities, at fair value through profit or loss 1,964,335 7,614,909 1,614,286
Schedule of Currency Exposure of Financial Assets and Financial Liabilities	The currency exposure of financial assets and financial liabilities denominated in currencies other than the Group’s functional currency is as follows: Assets Liabilities December 31, June 30, December 31, June 30, RM RM RM RM Singapore Dollar 15,101 21,020 - 6,000 United States Dollar 7,123,179 23,613,396 1,416,836 350,167 December 31, June 30, RM RM Singapore Dollar 755 751 United States Dollar 285,317 1,163,161
Schedule of Current Credit Risk Grading Framework	The Group’s current credit risk grading framework comprises the following categories: Category Description Basis for Performing The counterparty has a low risk of default and does not have any past-due amounts 12-month ECL Doubtful There has been a significant increase in credit risk since initial recognition Lifetime ECL- In default There is evidence indicating the asset is credit impaired Lifetime ECL - credit impaired Write-off There is evidence indicating that the debtor is in severe financial difficulty and the Company has no realistic prospect of recovery Amount is written off
Schedule of Non-derivative Financial Liabilities	The following table details the remaining contractual maturity for non-derivative financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group can be required to pay. The table includes both interest and principal cash flows. Weighted On average demand effective or within Within interest rate 1 year 2 to 5 years Total % RM RM RM As of June 30, 2024 Non-interest bearing - 21,026,860 - 21,026,860 Fixed interest rate 3.5-5 % 638,683 265,342 904,025 Variable interest rate BLR+2.6 % 707,726 170,444 878,170 Total 22,373,269 435,786 22,809,055 2023 Non-interest bearing - 20,684,288 - 20,684,288 Fixed interest rate 3.5-5 % 680,916 878,224 1,559,140 Variable interest rate BLR+2.6 % 43,668 81,282 124,950 Total 21,408,872 959,506 22,368,378
Schedule of Debt-to-Equity Ratio	December 31, June 30, RM RM USD Total debts 22,862,227 22,809,055 4,835,296 Total equity 92,969,863 236,801,277 50,199,539 Debt-to-equity % 24.59 % 9.63 % 9.63 %
Revenues [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Tables) [Line Items]
Schedule of Total Accounts Receivable	The following table sets forth a summary of single customers who represent 10% or more of the Group’s total revenue: June 30, June 30, RM RM USD Amount of the Group’s revenue: Customer A 19,712,300 928,221 196,774 Customer B NA * NA * NA * Customer C 8,263,840 NA * NA * Customer D NA * NA * NA * * Revenue from relevant customer was less than 10% of the Group’s total revenue for the respective year.
Accounts receivable [member]
Financial Instruments, Financial Risks and Capital Risks Management (Tables) [Line Items]
Schedule of Total Accounts Receivable	The following table sets forth a summary of single customers who represent 10% or more of the Group’s total accounts receivable: December 31, June 30, RM RM USD Amount of the Group’s revenue: Customer A 2,326,144 11,668,144 2,473,532

Fair Value and Fair Value Hie_2

Fair Value and Fair Value Hierarchy of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value and Fair Value Hierarchy of Financial Instruments [Abstract]
Schedule of Carrying Amounts and Fair Values of the Financial Instruments	The carrying amounts and fair values of the Group's financial instruments, other than those with carrying amounts that reasonably approximate to fair values, are as follows: Carrying amount Fair value December 31, June 30, December 31, June 30, RM RM USD RM RM USD Financial assets Financial assets at fair value through profit or loss 72,793 74,599 15,814 72,793 74,599 15,814 Financial assets at fair value through other comprehensive income 38,368,829 44,375,928 9,407,260 38,368,829 44,375,928 9,407,260 Liabilities Warrant liabilities 1,964,335 7,614,909 1,614,286 1,964,335 7,614,909 1,614,286
Schedule of Fair Value Measurement Hierarchy	The following tables illustrate the fair value measurement hierarchy of the Group’s financial instruments: Fair value measurement using Quoted Significant Significant Total RM RM RM RM As at December 31, 2023 Financial assets at fair value through profit or loss - - 72,793 72,793 Financial assets at fair value through other comprehensive income 36 - 38,368,793 38,368,829 Financial liabilities, at fair value through profit or loss - 1,964,335 - 1,964,335 As at June 30, 2024 Financial assets at fair value through profit or loss - - 74,599 74,599 Financial assets at fair value through other comprehensive income 2,449,454 - 41,926,474 44,375,928 Financial liabilities, at fair value through profit or loss - 7,614,909 - 7,614,909
Schedule of Movements in Fair Value Measurements	The movements in fair value measurements within Level 1 during the years are as follow: December 31, June 30, RM RM USD Quoted/Unquoted equity shares at fair value through other comprehensive income At beginning of year 12,819,747 36 8 Addition 369,967 23,738,105 5,032,244 Disposal (13,891,379 ) (14,548,082 ) (3,084,050 ) Currency realignment - 66,390 14,074 Total unrealized gain recognized in other comprehensive income/(loss) 701,701 (6,806,995 ) (1,443,016 ) At end of year 36 2,449,454 519,260

Reconciliations of Liabilitie_2

Reconciliations of Liabilities Arising from Financing Activities (Tables)	6 Months Ended
	Jun. 30, 2024
Reconciliations of Liabilities Arising from Financing Activities [Abstract]
Schedule of Reconciliations of Liabilities Arising from Financing Activities	At Subsidiary Proceeds Principal Interest Interest At end of RM RM RM RM RM RM RM As of June 30, 2024 Bank borrowings 322,599 - - (44,429 ) 4,446 (4,446 ) 278,170 Lease liabilities 1,255,340 - - (351,315 ) 24,327 (24,327 ) 904,025 Other borrowings 600,000 - - - - - 600,000 2,177,939 - - (395,744 ) 28,773 (28,773 ) 1,782,195 At Subsidiary Proceeds Principal Interest Interest At end of RM RM RM RM RM RM RM As of December 31, 2023 Bank borrowings 443,174 - - (120,575 ) 13,954 (13,954 ) 322,599 Lease liabilities 744,959 - 886,093 (375,712 ) 30,288 (30,288 ) 1,255,340 Other borrowings 649,699 - - (49,699 ) 46,562 (46,562 ) 600,000 1,837,832 - 886,093 (545,986 ) 90,804 (90,804 ) 2,177,939

Organization and Principal Ac_3

Organization and Principal Activities (Details) - VCI Global Limited [Member]	6 Months Ended
	Jun. 30, 2024
Organization And Principal Activities [Line Items]
Incorporated country	British Virgin Islands
Date of incorporation	Apr. 29, 2020

Organization and Principal Ac_4

Organization and Principal Activities (Details) - Schedule of Subsidiaries	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
VCI Global Limited [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Apr. 29, 2020
Percentage of effective ownership	100%	100%
Place of incorporation	British Virgin Island
Principal activities	Holding company
VCI Technologies Limited [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	May 13, 2024
Percentage of effective ownership	100%
Place of incorporation	British Virgin Island
Principal activities	Dormant
V Capital Real estate Limited [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Aug. 02, 2024
Percentage of effective ownership	100%
Place of incorporation	British Virgin Island
Principal activities	Dormant
V Capital Consulting Limited [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Jan. 03, 2016
Percentage of effective ownership	100%	100%
Place of incorporation	British Virgin Island
Principal activities	Holding company, provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory
VCI Global Brands Limited (formerly known as VCIG Limited) [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Apr. 29, 2020
Percentage of effective ownership	100%	100%
Place of incorporation	British Virgin Island
Principal activities	Dormant
V Capital Kronos Berhad [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Jan. 09, 2020
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Holding company
VCI Energy Sdn Bhd (formerly known as TGI V Sdn Bhd) [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Dec. 11, 2021
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Dormant
V Galactech Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Dec. 01, 2022
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of information technology development
V Capital Venture Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Aug. 19, 2014
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of corporate and business advisory services in corporate finance, corporate structuring and restructuring, listings on recognised stock exchanges, and fintech advisory
Accuventures Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Jun. 22, 2015
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of technology development, computer software programming and holding company.
Credilab Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Oct. 26, 2020
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Carry on licensed money lending activities, consulting, information technology development, and computer software programming
VCI Wootzano Robotics Sdn Bhd (formerly known as V Capital Robotics Sdn Bhd) [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Dec. 10, 2021
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Dormant
Imej Jiwa Communications Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Oct. 29, 2012
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of investor relation consultation services.
V Capital Quantum Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Jan. 18, 2018
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of information technology development, business consultancy services and holding company.
AB Management and Consultancy Services Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	May 04, 2020
Percentage of effective ownership	93.30%	80%
Place of incorporation	Malaysia
Principal activities	Holding company
Elmu V Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	May 18, 2021
Percentage of effective ownership	69.20%	69.20%
Place of incorporation	Malaysia
Principal activities	Education and training services
Elmu Education Group Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Mar. 12, 2020
Percentage of effective ownership	56%	56%
Place of incorporation	Malaysia
Principal activities	Education and training services
Elmu Higher Education Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	May 24, 2021
Percentage of effective ownership	56%	56%
Place of incorporation	Malaysia
Principal activities	Education and training services
V Capital Real Estate Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	May 07, 2021
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of consultancy services in relation to real estate
V Capital Advisory Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Dec. 02, 2018
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of corporate and business advisory in relation to corporate listing exercise, equity investment, corporate restructuring, merger and acquisition and corporate finance.
Generative AI Sdn Bhd [Member]
Schedule of Subsidiaries [Line Items]
Date of incorporation	Jul. 21, 2023
Percentage of effective ownership	100%	100%
Place of incorporation	Malaysia
Principal activities	Provision of Artificial Intelligence, image processing, communication, networking, & process control software services.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)
Summary of Significant Accounting Policies [Line Items]
Noon buying rate	RM 4.7172	$ 1
Bottom of range [member]
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives years	3 years	3 years
Top of range [member]
Summary of Significant Accounting Policies [Line Items]
Estimated useful lives years	5 years	5 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of Depreciation of Property and Equipment Using Straight-Line Method	6 Months Ended
	Jun. 30, 2024
Office renovation [Member]
Schedule of Depreciation on Property and Equipment [Line Items]
Estimated useful life of property and equipment	10 years
Office equipment [Member]
Schedule of Depreciation on Property and Equipment [Line Items]
Estimated useful life of property and equipment	5 years
Furniture and fittings [Member]
Schedule of Depreciation on Property and Equipment [Line Items]
Estimated useful life of property and equipment	5 years
Electrical and fittings [Member]
Schedule of Depreciation on Property and Equipment [Line Items]
Estimated useful life of property and equipment	10 years
Right of use asset - premise [Member]
Schedule of Depreciation on Property and Equipment [Line Items]
Estimated useful life of property and equipment	3 years
Right of use asset – motor vehicles [Member]
Schedule of Depreciation on Property and Equipment [Line Items]
Estimated useful life of property and equipment	10 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details) - Schedule of Currency Exchange Rate Used in Consolidated Financial Statements	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Schedule of Currency Exchange Rate Used in Consolidated Financial Statements [Line Items]
RM to USD at the end of the period	4.7172	4.6679	4.4025
RM to USD Average rate	4.7321	4.4863	4.3983

Critical Accounting Judgement_2

Critical Accounting Judgements and Key Sources of Estimation Uncertainty (Details)	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Dec. 31, 2023 USD ($)
Critical Accounting Judgements and Key Sources of Estimation Uncertainty [Abstract]
Plant and equipment carrying amount	RM 3,765,783	$ 798,309	RM 3,198,123	$ 696,865

Financial Assets Measured at _5

Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details)		6 Months Ended
	Dec. 31, 2023 USD ($) shares	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)	Jun. 30, 2023 USD ($)	Oct. 31, 2023 USD ($) shares	May 31, 2023 USD ($) shares	Jan. 31, 2023	Dec. 31, 2022
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) [Line Items]
Percentage of equity interest	4.90%							14.55%
Ordinary shares value		RM 5,969,038	$ 1,265,377
Investments in equity instruments designated at fair value through other comprehensive income			$ 1,000,000
Treasure Global Inc [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) [Line Items]
Percentage of equity interest									14.55%
Globexus Holding Corp’s [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) [Line Items]
Shares acquired (in Shares) | shares							500
Share-swap arrangement, value							$ 1,500,000
Sagtec Global Limited [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) [Line Items]
Ordinary shares (in Shares) | shares						800,000
Consultancy services valued						$ 1,600,000
YY Group Holding Limited [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) [Line Items]
Ordinary shares (in Shares) | shares	1,631,700
Ordinary shares value	$ 4,895,100

Financial Assets Measured at _6

Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income - Financial assets at fair value through other comprehensive income, category [member]	6 Months Ended		12 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Jun. 30, 2024 USD ($)
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Balance	RM 38,368,829	$ 8,133,814	RM 12,819,747
Addition	26,888,040	5,700,000	50,492,301
Disposal	(14,548,082)	(3,084,050)	(27,423,012)
Fair value adjustment	(7,018,825)	(1,487,922)	2,378,581
Currency realignment	685,966	145,418	101,212
Balance	44,375,928	9,407,260	38,368,829
Treasure Global Inc. [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Total	13		36	$ 3
YY Group Holding Limited [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Total	2,449,441			519,257
Listed equity security [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Total	2,449,454		36	519,260
Sagtec Global Limited [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Total	7,962,634		7,746,738	1,688,000
YY Group Holding Limited One [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Total			23,738,105
GlobexUS Holdings Corp [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Total	7,075,800		6,883,950	1,500,000
Fintech Scion Limited [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Total	26,888,040			5,700,000
Unlisted equity securities [Member]
Financial Assets Measured at Fair Value Through Other Comprehensive Income (Details) - Schedule of Financial Assets Measured at Fair Value Through Other Comprehensive Income [Line Items]
Balance	38,368,829
Total	41,926,474		38,368,793	$ 8,888,000
Balance	RM 44,375,928	$ 9,407,260	RM 38,368,829

Financial Assets Measured at _7

Financial Assets Measured at Fair Value Through Profit and Loss (Details) - Other Unquoted Shares [Member]	Jun. 30, 2024	Dec. 31, 2022
United Kingdom [Member] | Zero Carbon Farms Ltd [Member]
Financial Assets Measured At Fair Value Through Profit And Loss [Line Items]
Percentage of equity interest	5%	5%
Malaysia [Member] | Unique Fire Holdings Berhad [Member]
Financial Assets Measured At Fair Value Through Profit And Loss [Line Items]
Percentage of equity interest	0.10%	0.10%

Financial Assets Measured at _8

Financial Assets Measured at Fair Value Through Profit and Loss (Details) - Schedule of Financial Assets Measured at Fair Value Through Profit and Loss - Financial Assets at Fair Value Through Profit or Loss, Category [Member]	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Financial Assets Measured at Fair Value Through Profit and Loss [Line Items]
At beginning of year	RM 72,793	$ 15,431	RM 72,295
Addition
Disposal
Currency realignment	1,806	383	498
At end of year	RM 74,599	$ 15,814	RM 72,793

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - Schedule of Property, Plant and Equipment	6 Months Ended	12 Months Ended
	Jun. 30, 2024 MYR (RM)	Dec. 31, 2023 MYR (RM)	Jun. 30, 2024 USD ($)
Cost [Member]
Cost
Beginning balance	RM 3,851,713	RM 1,897,500
Additions	746,681	1,962,857
Disposals		(10,567)
Currency alignment		1,923
Ending balance	4,598,394	3,851,713
Cost [Member] | Office equipment [Member]
Cost
Beginning balance	304,609	185,085
Additions	117,889	122,994
Disposals		(3,470)
Currency alignment
Ending balance	422,498	304,609
Cost [Member] | Fixtures and fittings [Member]
Cost
Beginning balance	361,505	260,803
Additions	3,603	100,698
Disposals
Currency alignment		4
Ending balance	365,108	361,505
Cost [Member] | Office renovations [Member]
Cost
Beginning balance	2,143,925	1,323,962
Additions	88,536	818,044
Disposals
Currency alignment		1,919
Ending balance	2,232,461	2,143,925
Cost [Member] | Computer & software [Member]
Cost
Beginning balance	328,415	127,650
Additions	44,550	207,862
Disposals		(7,097)
Currency alignment
Ending balance	372,965	328,415
Cost [Member] | Renovation in progress [Member]
Cost
Beginning balance	713,259
Additions	492,103	713,259
Disposals
Currency alignment
Ending balance	1,205,362	713,259
Accumulated depreciation [Member]
Cost
Beginning balance	653,590	345,921
Disposals		(10,567)
Ending balance	832,611	653,590
Accumulated depreciation
Depreciation for the period	178,319	318,108
Effect of foreign exchange	702
Written off		128
Accumulated depreciation [Member] | Office equipment [Member]
Cost
Beginning balance	58,903	35,789
Disposals		(3,470)
Ending balance	72,138	58,903
Accumulated depreciation
Depreciation for the period	13,235	26,584
Effect of foreign exchange
Written off
Accumulated depreciation [Member] | Fixtures and fittings [Member]
Cost
Beginning balance	137,717	71,458
Disposals
Ending balance	169,391	137,717
Accumulated depreciation
Depreciation for the period	31,672	66,251
Effect of foreign exchange	2
Written off		8
Accumulated depreciation [Member] | Office renovations [Member]
Cost
Beginning balance	369,999	184,461
Disposals
Ending balance	474,624	369,999
Accumulated depreciation
Depreciation for the period	103,925	185,418
Effect of foreign exchange	700
Written off		120
Accumulated depreciation [Member] | Computer & software [Member]
Cost
Beginning balance	86,971	54,213
Disposals		(7,097)
Ending balance	116,458	86,971
Accumulated depreciation
Depreciation for the period	29,487	39,855
Effect of foreign exchange
Written off
Accumulated depreciation [Member] | Renovation in progress [Member]
Cost
Beginning balance
Disposals
Ending balance
Accumulated depreciation
Depreciation for the period
Effect of foreign exchange
Written off
Carrying amounts [Member]
Cost
Beginning balance	3,198,123
Ending balance	3,765,783	3,198,123
Ending balance (in Dollars) | $			$ 798,309
Carrying amounts [Member] | Office equipment [Member]
Cost
Beginning balance	245,706
Ending balance	350,360	245,706
Ending balance (in Dollars) | $			74,273
Carrying amounts [Member] | Fixtures and fittings [Member]
Cost
Beginning balance	223,788
Ending balance	195,717	223,788
Ending balance (in Dollars) | $			41,490
Carrying amounts [Member] | Office renovations [Member]
Cost
Beginning balance	1,773,926
Ending balance	1,757,837	1,773,926
Ending balance (in Dollars) | $			372,644
Carrying amounts [Member] | Computer & software [Member]
Cost
Beginning balance	241,444
Ending balance	256,507	241,444
Ending balance (in Dollars) | $			54,377
Carrying amounts [Member] | Renovation in progress [Member]
Cost
Beginning balance	713,259
Ending balance	RM 1,205,362	RM 713,259
Ending balance (in Dollars) | $			$ 255,525

Right-of-Use Assets (Details)

Right-of-Use Assets (Details)	6 Months Ended
	Jun. 30, 2024 MYR (RM)
Right-of-Use Assets [Abstract]
Cash outflow	RM 28,542

Right-of-Use Assets (Details) -

Right-of-Use Assets (Details) - Schedule of Right-of-Use Assets	6 Months Ended		12 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Cost [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	RM 1,866,826		RM 952,191
Additions			914,635
Carrying amount:
Right of use asset at, ending	1,866,826		1,866,826
Right of use asset at, ending (in Dollars)	1,866,826		1,866,826
Cost [Member] | Office premises [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	1,591,284		952,191
Additions			639,093
Carrying amount:
Right of use asset at, ending	1,591,284		1,591,284
Right of use asset at, ending (in Dollars)	1,591,284		1,591,284
Cost [Member] | Motor vehicles [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	275,542
Additions			275,542
Carrying amount:
Right of use asset at, ending	275,542		275,542
Right of use asset at, ending (in Dollars)	275,542		275,542
Accumulated depreciation [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	662,885		238,048
Carrying amount:
Charges	332,249		424,837
Right of use asset at, ending	995,134		662,885
Right of use asset at, ending (in Dollars)	995,134		662,885
Accumulated depreciation [Member] | Office premises [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	635,331		238,048
Carrying amount:
Charges	318,472		397,283
Right of use asset at, ending	953,803		635,331
Right of use asset at, ending (in Dollars)	953,803		635,331
Accumulated depreciation [Member] | Motor vehicles [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	27,554
Carrying amount:
Charges	13,777		27,554
Right of use asset at, ending	41,331		27,554
Right of use asset at, ending (in Dollars)	41,331		27,554
Carrying amount [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	1,203,941
Carrying amount:
Right of use asset at, ending	871,692	$ 184,790	1,203,941
Right of use asset at, ending (in Dollars)	871,692		1,203,941
Carrying amount [Member] | Office premises [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	955,953
Carrying amount:
Right of use asset at, ending	637,481	135,140	955,953
Right of use asset at, ending (in Dollars)	637,481		955,953
Carrying amount [Member] | Motor vehicles [Member]
Schedule of Right of Use Assets [Line Items]
Right of use asset at, beginning	247,988
Carrying amount:
Right of use asset at, ending	234,211	$ 49,650	247,988
Right of use asset at, ending (in Dollars)	RM 234,211		RM 247,988

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of Intangible Assets	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Intangible Assets [Abstract]
At January 1	RM 4,700,894	$ 1,024,316
Additions	3,009,940	638,078	4,700,894
Currency realignment	127,900	27,113
Effect of foreign exchange		(27,773)
At December 31	RM 7,838,734	$ 1,661,734	RM 4,700,894

Intangible Assets (Details) -_2

Intangible Assets (Details) - Schedule of Additions of Intangible Assets	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Salaries and related costs
- Staff	RM 162,394	$ 34,426	RM 111,594

Deferred Tax Assets (Details) -

Deferred Tax Assets (Details) - Schedule of Major Deferred Tax Assets	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Dec. 31, 2023 USD ($)
Provisions:
At beginning/end of year	RM 339,650	$ 72,002	RM 339,650	$ 74,009

Trade and Other Receivables (De

Trade and Other Receivables (Details)	Jun. 30, 2024
Over 240 Days [Member]
Trade and Other Receivables [Line Items]
Percentage of loss allowance	100%

Trade and Other Receivables (_2

Trade and Other Receivables (Details) - Schedule of Trade and Other Receivables	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Trade receivables
- Third parties	RM 27,995,076	$ 5,934,681	RM 11,310,279
- Related parties	5,531,955	1,172,720	2,499,319
Trade receivables	33,527,031	7,107,401	13,809,598
Less: Allowance for expected credit losses			(2,518,122)
Net trade receivables	33,527,031	7,107,401	11,291,476
Deposits	4,518,326	957,841	4,122,755
Prepayments	84,991,054	18,017,267	466,629
Other receivables	18,977,576	4,023,059	13,068,732
Total	142,013,987	30,105,568	28,949,592
Movement in allowance for expected credit losses on trade receivables as follows:
Beginning balances	2,518,122	533,817	1,757,638
Additional			756,973
Bad debt written off	(2,518,122)	(533,817)
Currency realignment			3,511
Ending balance			2,518,122
Not past due [Member]
Trade receivables
Net trade receivables	18,960,617	4,019,465	5,961,854
Past due [Member]
Trade receivables
Net trade receivables	14,566,414	3,087,936	7,847,744
Receivable due [Member]
Trade receivables
Less: Allowance for expected credit losses			(2,518,122)
Net trade receivables	RM 33,527,031	$ 7,107,401	RM 11,291,476

Trade and Other Receivables (_3

Trade and Other Receivables (Details) - Schedule of Aging of Receivables that are Past Due the Average Credit Period - Current Trade Receivables [Member]	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Aging of Receivables that are Past Due the Average Credit Period [Line Items]
Financial assets	RM 14,566,414	$ 3,087,936	RM 7,847,744
Less than 30 days [Member]
Schedule of Aging of Receivables that are Past Due the Average Credit Period [Line Items]
Financial assets	6,410,714	1,359,008	790,489
31 days to 60 days [Member]
Schedule of Aging of Receivables that are Past Due the Average Credit Period [Line Items]
Financial assets	5,591,402	1,185,322	4,240
61 days to 210 days [Member]
Schedule of Aging of Receivables that are Past Due the Average Credit Period [Line Items]
Financial assets			5,015,219
211 days to 240 days [Member]
Schedule of Aging of Receivables that are Past Due the Average Credit Period [Line Items]
Financial assets	738,728	156,603
241 days to less than 1 year [Member]
Schedule of Aging of Receivables that are Past Due the Average Credit Period [Line Items]
Financial assets	RM 1,825,570	$ 387,003	RM 2,037,796

Trade and Other Receivables (_4

Trade and Other Receivables (Details) - Schedule of Provision Matrix Trade Receivables - Lifetime ECL [Member] - MYR (RM)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Provision Matrix Trade Receivables [Line Items]
Trade receivables based on the Group’s provision matrix		RM 2,518,122
Not past due [Member] | Current Trade Receivables [Member]
Schedule of Provision Matrix Trade Receivables [Line Items]
Trade receivables based on the Group’s provision matrix
1 to 30 days [Member] | Current Trade Receivables [Member]
Schedule of Provision Matrix Trade Receivables [Line Items]
Trade receivables based on the Group’s provision matrix
31-60 days [Member] | Current Trade Receivables [Member]
Schedule of Provision Matrix Trade Receivables [Line Items]
Trade receivables based on the Group’s provision matrix
61-210 days [Member] | Current Trade Receivables [Member]
Schedule of Provision Matrix Trade Receivables [Line Items]
Trade receivables based on the Group’s provision matrix		480,326
211 – 240 days [Member] | Current Trade Receivables [Member]
Schedule of Provision Matrix Trade Receivables [Line Items]
Trade receivables based on the Group’s provision matrix
Over 241 days [Member] | Current Trade Receivables [Member]
Schedule of Provision Matrix Trade Receivables [Line Items]
Trade receivables based on the Group’s provision matrix		RM 2,037,796

Trade and Other Receivables (_5

Trade and Other Receivables (Details) - Schedule of Trade and Other Receivables not Denominated in the Functional Currency - MYR (RM)	Jun. 30, 2024	Dec. 31, 2023
United States dollar [Member] | Current Trade Receivables [Member]
Schedule of Trade Receivables not Denominated in the Functional Currency [Line Items]
Balance of not denominated functional currency	RM 22,947,168	RM 5,743,323

Loan Receivables (Details)

Loan Receivables (Details)	6 Months Ended
	Jun. 30, 2024
Loan Receivables [Line Items]
Average credit period
Percentage of recognized ECL against receivables	100%
Bottom of range [member]
Loan Receivables [Line Items]
Percentage of loans receivables bears interest	10%
Maturity period	1 year
Top of range [member]
Loan Receivables [Line Items]
Percentage of loans receivables bears interest	18%
Maturity period	5 years

Loan Receivables (Details) - Sc

Loan Receivables (Details) - Schedule of Loan Receivables	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Dec. 31, 2023 USD ($)
Loan Receivables [Line Items]
Total	RM 63,836,891	$ 13,532,793	RM 49,071,395
Less: Unearned interest	(417,883)	(88,587)	(12,222,634)
Total	63,419,008	13,444,206	36,848,761
Less: Allowance for expected credit losses on loan receivables	(640,684)	(135,819)	(272,225)
Total loan receivables	62,778,324	13,308,387	36,576,536
Current asset	23,538,832	4,990,001	15,378,236	$ 3,350,889
Non-current asset	39,239,492	8,318,386	21,198,300	$ 4,619,070
Personal loans [Member]
Loan Receivables [Line Items]
Loans, advances and financing	3,482,771	738,313	2,912,547
Term loans [Member]
Loan Receivables [Line Items]
Loans, advances and financing	40,241,358	8,530,772	43,339,398
Loans to related parties [Member]
Loan Receivables [Line Items]
Loans, advances and financing	RM 20,112,762	$ 4,263,708	RM 2,819,450

Loan Receivables (Details) - _2

Loan Receivables (Details) - Schedule of Outstanding Balances	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Outstanding Balances [Abstract]
Not past due	RM 62,149,303	$ 13,175,041	RM 47,476,339
Past due	1,687,588	357,752	1,595,056
Total	63,836,891	13,532,793	49,071,395
Less: Allowance for expected credit losses on loan receivables	(640,684)	(135,819)	(272,225)
Net trade receivables	RM 63,196,207	$ 26,929,767	RM 48,799,170

Loan Receivables (Details) - _3

Loan Receivables (Details) - Schedule of Aging of Loan Receivables	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Aging of Loan, Advances and Financing Past Due of Average Credit Period [Line Items]
Aging of loan, advances and financing	RM 1,687,588	$ 357,752	RM 1,595,056
Less than 30 days [Member]
Schedule of Aging of Loan, Advances and Financing Past Due of Average Credit Period [Line Items]
Aging of loan, advances and financing	816,739	173,141	1,482,120
31 days to 60 days [Member]
Schedule of Aging of Loan, Advances and Financing Past Due of Average Credit Period [Line Items]
Aging of loan, advances and financing	108,247	22,947	103,416
61 days to 210 days [Member]
Schedule of Aging of Loan, Advances and Financing Past Due of Average Credit Period [Line Items]
Aging of loan, advances and financing	762,602	161,664	9,520
211 days to 240 days [Member]
Schedule of Aging of Loan, Advances and Financing Past Due of Average Credit Period [Line Items]
Aging of loan, advances and financing
241 days to less than 1 year [Member]
Schedule of Aging of Loan, Advances and Financing Past Due of Average Credit Period [Line Items]
Aging of loan, advances and financing

Loan Receivables (Details) - _4

Loan Receivables (Details) - Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix - MYR (RM)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix [Line Items]
Lifetime ECL	RM 640,684	RM 272,225
Not past due [Member]
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix [Line Items]
Lifetime ECL	548,129	237,382
1 to 30 days [Member]
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix [Line Items]
Lifetime ECL	47,460	31,125
31-60 days [Member]
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix [Line Items]
Lifetime ECL	6,349	3,102
61-210 days [Member]
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix [Line Items]
Lifetime ECL	38,746	616
211 – 240 days [Member]
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix [Line Items]
Lifetime ECL
Over 241 days [Member]
Schedule of Risk Profile of Loan Receivables Based on the Group’s Provision Matrix [Line Items]
Lifetime ECL

Cash and Bank Balances (Details

Cash and Bank Balances (Details) - Schedule of Cash and Cash Equivalents	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Cash and Cash Equivalents [Abstract]
Cash and bank balances	RM 5,872,715	$ 1,244,958	RM 4,637,260
Cash at share trading accounts			19
Total	RM 5,872,715	$ 1,244,958	RM 4,637,279

Cash and Bank Balances (Detai_2

Cash and Bank Balances (Details) - Schedule of Functional Currency - MYR (RM)	Jun. 30, 2024	Dec. 31, 2023
Singapore dollar [Member]
Schedule of Functional Currency [Abstract]
Functional currency	RM 21,020	RM 15,101
United States dollar [Member]
Schedule of Functional Currency [Abstract]
Functional currency	RM 666,228	RM 1,379,856

Trade and Other Payables (Detai

Trade and Other Payables (Details) - Schedule of Trade and Other Payables	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Dec. 31, 2023 USD ($)
Schedule of Trade and Other Payables [Abstract]
Trade payables	RM 1,699,707	$ 360,321	RM 2,326,371
Accruals	2,783,291	590,031	6,901,199
Sundry payables	16,543,862	3,507,136	2,592,465
Advance from a director - subsidiaries			7,563,894
Total	RM 21,026,860	$ 4,457,488	RM 19,383,929	$ 4,223,722

Trade and Other Payables (Det_2

Trade and Other Payables (Details) - Schedule of Trade and Other Payables Balances that are Not Denominated in Functional Currency - MYR (RM)	Jun. 30, 2024	Dec. 31, 2023
United States Dollar [Member]
Schedule of Trade and Other Payables Balances that are Not Denominated in Functional Currency [Line Items]
Trade and other payables	RM 350,167	RM 1,416,836
Singapore Dollars [Member]
Schedule of Trade and Other Payables Balances that are Not Denominated in Functional Currency [Line Items]
Trade and other payables	RM 6,000

Lease Liabilities (Details)

Lease Liabilities (Details)	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Lease Liabilities [Abstract]
Office lease contracts term	3 years
Lease terms	12 months
Weighted average incremental borrowing rate	4.31%	4.31%

Lease Liabilities (Details) - S

Lease Liabilities (Details) - Schedule of Lease Liabilities	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Lease Liabilities [Line Items]
At beginning of year / period	RM 1,255,340	$ 266,120	RM 744,959
Additions			886,093
Finance cost	24,327	5,157	30,288
Payment	(375,642)	(79,632)	(406,000)
At of end of year / period	904,025	191,645	1,255,340
Future lease payment payable:
Total future minimum lease payments	944,751	200,279	1,296,981
Less: Future finance charges	(40,726)	(8,634)	(41,641)
At of end of year / period	904,025	191,645	1,255,340
Not later than one year [Member]
Future lease payment payable:
Total future minimum lease payments	664,284	140,823	732,498
More than one year to five years [Member]
Future lease payment payable:
Total future minimum lease payments	RM 280,467	$ 59,456	RM 564,483

Lease Liabilities (Details) -_2

Lease Liabilities (Details) - Schedule of Lease Liabilities at the End of the Reporting Period - Lease liabilities [Member]	6 Months Ended		12 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Lease Liabilities at the End of the Reporting Period [Line Items]
Depreciation of right-of-use asset	RM 332,249	$ 70,433	RM 424,837
Interest expense on lease liabilities	24,327	5,157	30,288
Lease expense not capitalised in lease liabilities:
-expense relating to short-term lease	269,160	57,059	232,081
Total amount recognised in profit or loss	RM 625,736	$ 132,649	RM 687,206

Bank and Other Borrowings (Deta

Bank and Other Borrowings (Details) - MYR (RM)	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Bank and Other Borrowings [Line Items]
Term insurance policy	RM 150,000
Redeemable preference shares, fair value	RM 600,000
Redeemable preference shares (in Shares)	70,547,415	38,027,579	34,412,259
Shares redeemable at fair value	RM 600,000
Loan 1 [Member]
Bank and Other Borrowings [Line Items]
Principal amount	RM 150,000
Borrowings, interest rate	5%
Borrowings, periodic payment	RM 3,318
Borrowings, maturity	June 2023
Loan 2 [Member]
Bank and Other Borrowings [Line Items]
Principal amount	RM 200,000
Borrowings, interest rate	3.50%
Borrowings, periodic payment	RM 3,639
Borrowings, maturity	August 2026
Loan 3 [Member]
Bank and Other Borrowings [Line Items]
Principal amount	RM 300,000
Borrowings, interest rate	3.50%
Borrowings, periodic payment	RM 6,136
Borrowings, maturity	August 2026
Credit Guarantee Corporation [Member]
Bank and Other Borrowings [Line Items]
Borrowings, threshold limit	70%
Redeemable Preference Shares [Member]
Bank and Other Borrowings [Line Items]
Redeemable preference shares (in Shares)	600,000
Price per redeemable preference shares (in Ringgits per share)	RM 1

Bank and Other Borrowings (De_2

Bank and Other Borrowings (Details) - Schedule of Bank and Other Borrowings	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Dec. 31, 2023 USD ($)
Bank borrowings
- Current	RM 107,726	$ 22,837	RM 77,277
- Non-current	170,444	36,132	245,322	$ 53,455
Total bank borrowings	278,170	58,969	322,599
Other borrowings – current	600,000	127,194	600,000
Total borrowings	RM 878,170	$ 186,163	RM 922,599

Warrant Liabilities (Details)

Warrant Liabilities (Details) - $ / shares	Jan. 17, 2024	Mar. 26, 2023
Warrants [member]
Warrant Liabilities (Details) [Line Items]
Share issued	2,518,984
Warrant A [Member]
Warrant Liabilities (Details) [Line Items]
Share issued	2,200,000
Warrant B [Member]
Warrant Liabilities (Details) [Line Items]
Warrants exercisable per share (in Dollars per share)	$ 1.25
Exchange Listing, LLC [Member] | Warrants [member]
Warrant Liabilities (Details) [Line Items]
Share issued		250,000
Warrants exercisable per share (in Dollars per share)		$ 4

Warrant Liabilities (Details) -

Warrant Liabilities (Details) - Schedule of Fair Value of the Warrant Liabilities	6 Months Ended		12 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Cost
At January 1	RM 1,964,335	$ 416,420
Additions	13,043,907	2,765,180	1,964,335
Exercised	(7,448,077)	(1,578,919)
Currency realignment	54,744	11,605
At December 31	RM 7,614,909	$ 1,614,286	RM 1,964,335

Warrant Liabilities (Details)_2

Warrant Liabilities (Details) - Schedule of Black-Scholes Pricing Model to Estimate the Fair Value of the Warrant Liabilities	12 Months Ended
	Jun. 30, 2024 $ / shares shares
Warrant A [Member]
Warrant Liabilities (Details) - Schedule of Black-Scholes Pricing Model to Estimate the Fair Value of the Warrant Liabilities [Line Items]
Share price (in Shares) | shares	1.08
Exercise price / warrant (in Dollars per share) | $ / shares	$ 1.25
Expected volatility	98.07%
Dividend yield
Expected term (years)	5 years
Annual risk-free interest rate	4.106%
Warrant B [Member]
Warrant Liabilities (Details) - Schedule of Black-Scholes Pricing Model to Estimate the Fair Value of the Warrant Liabilities [Line Items]
Share price (in Shares) | shares	1.08
Exercise price / warrant (in Dollars per share) | $ / shares	$ 1.25
Expected volatility	98.07%
Dividend yield
Expected term (years)	1.5 years
Annual risk-free interest rate	4.106%
Warrant to Exchange Listing [Member]
Warrant Liabilities (Details) - Schedule of Black-Scholes Pricing Model to Estimate the Fair Value of the Warrant Liabilities [Line Items]
Share price (in Shares) | shares	2.26
Exercise price / warrant (in Dollars per share) | $ / shares	$ 4
Expected volatility	130.14%
Dividend yield
Expected term (years)	4.24 years
Annual risk-free interest rate	3.918%

Share Capital (Details)

Share Capital (Details) - $ / shares

Apr. 10, 2024

Jan. 17, 2024

Apr. 12, 2023

Dec. 31, 2021

Jun. 30, 2024

Jun. 07, 2024

May 22, 2024

Apr. 13, 2024

Mar. 18, 2024

Jan. 31, 2024

Dec. 31, 2023

Oct. 01, 2023

Aug. 01, 2023

May 31, 2023

Dec. 31, 2022

Share Capital (Details) [Line Items]

Ordinary share price (in Dollars per share)

$ 4

$ 1

Number of vote

one

Shares issued

70,547,415

38,027,579

34,412,259

Bottom of Range [Member]

Share Capital (Details) [Line Items]

Par value per share (in Dollars per share)

$ 0.59

Top of Range [Member]

Share Capital (Details) [Line Items]

Par value per share (in Dollars per share)

$ 0.81

Exchange Listing, LLC [Member]

Share Capital (Details) [Line Items]

Shares issued

229,453

Boustead Securities, LLC [Member]

Share Capital (Details) [Line Items]

Shares issued

74,793

Globexus Holding Corp [Member]

Share Capital (Details) [Line Items]

Shares issued

600,000

ZCity Sdn. Bhd [Member]

Share Capital (Details) [Line Items]

Shares issued

286,533

Outside The Box Capital Inc [Member]

Share Capital (Details) [Line Items]

Shares issued

350,000

28,372

Legacy Credit Sdn Bhd [Member]

Share Capital (Details) [Line Items]

Ordinary share price (in Dollars per share)

$ 1

Shares issued

2,500,000

Units issued

1,000,000

Treasure Gold Inc [Member]

Share Capital (Details) [Line Items]

Shares issued

8,000,000

Nexgen Advisory Sdn Bhd [Member]

Share Capital (Details) [Line Items]

Shares issued

14,197,447

At-The-Market offering [Member]

Share Capital (Details) [Line Items]

Shares issued

1,582,542

Ordinary Shares [Member]

Share Capital (Details) [Line Items]

Number of shares authorised

50,000

Ordinary share price (in Dollars per share)

$ 1.25

Shares issued

2,200,000

1,280,000

2,518,984

1,021,047

149,816

Ordinary Shares [Member] | Exchange Listing, LLC [Member]

Share Capital (Details) [Line Items]

Shares issued

736,169

Ordinary Shares [Member] | Globexus Holding Corp [Member]

Share Capital (Details) [Line Items]

Shares issued

500

Ordinary Shares [Member] | Executive Officers and Employees [Member]

Share Capital (Details) [Line Items]

Shares issued

380,000

Ordinary Shares [Member] | Legacy Credit Sdn Bhd [Member]

Share Capital (Details) [Line Items]

Ordinary share price (in Dollars per share)

$ 0.80

Units issued

1,500,000

Share Capital (Details) - Sched

Share Capital (Details) - Schedule of Share Capital	6 Months Ended				12 Months Ended
	Jun. 30, 2024 MYR (RM) shares		Jun. 30, 2024 USD ($) shares		Dec. 31, 2023 MYR (RM) shares
Paid up capital:
At beginning of year	38,027,579		38,027,579		34,412,259
At beginning of year	RM 44,009,131		$ 9,329,503		RM 13,127,427
Issuance of shares	RM 13,043,907		$ 2,765,180		RM 1,964,335
At of end of year	70,547,415		70,547,415		38,027,579
At of end of year	RM 171,586,028		$ 36,374,551		RM 44,009,131
Issuance of shares Two [Member]
Paid up capital:
Issuance of shares		[1]		[1]	1,280,000	[1]
Issuance of shares		[1]		[1]	RM 3,349,620	[1]
Issuance of shares Three [Member]
Paid up capital:
Issuance of shares		[2]		[2]	736,169	[2]
Issuance of shares		[2]		[2]	RM 7,341,927	[2]
Issuance of shares Four [Member]
Paid up capital:
Issuance of shares		[3]		[3]	304,246	[3]
Issuance of shares		[3]		[3]	RM 4,068,333	[3]
Issuance of shares Five [Member]
Paid up capital:
Issuance of shares		[4]		[4]	600,000	[4]
Issuance of shares		[4]		[4]	RM 6,921,300	[4]
Issuance of shares Six [Member]
Paid up capital:
Issuance of shares		[5]		[5]	380,000	[5]
Issuance of shares		[5]		[5]	RM 4,451,733	[5]
Issuance of shares Seven [Member]
Paid up capital:
Issuance of shares		[6]		[6]	286,533	[6]
Issuance of shares		[6]		[6]	RM 4,518,500	[6]
Issuance of shares Eight [Member]
Paid up capital:
Issuance of shares		[7]		[7]	28,372	[7]
Issuance of shares		[7]		[7]	RM 230,291	[7]
Issuance of shares Nine [Member]
Paid up capital:
Issuance of shares	2,200,000	[8]	2,200,000	[8]		[8]
Issuance of shares	RM 5,320,120	[8]	$ 1,127,813	[8]		[8]
Issuance of shares Ten [Member]
Paid up capital:
Issuance of shares	149,816	[9]	149,816	[9]		[9]
Issuance of shares	RM 797,844	[9]	$ 169,135	[9]		[9]
Issuance of shares eleven [Member]
Paid up capital:
Issuance of shares	2,518,984	[10]	2,518,984	[10]		[10]
Issuance of shares	RM 14,995,875	[10]	$ 3,178,978	[10]		[10]
Issuance of shares Twelve [Member]
Paid up capital:
Issuance of shares	350,000	[11]	350,000	[11]		[11]
Issuance of shares	RM 6,598,200	[11]	$ 1,398,753	[11]		[11]
Issuance of shares Thirteen [Member]
Paid up capital:
Issuance of shares	2,500,000	[12]	2,500,000	[12]		[12]
Issuance of shares	RM 10,445,600	[12]	$ 2,214,366	[12]		[12]
Issuance of shares Fourteen [Member]
Paid up capital:
Issuance of shares	1,021,047	[13]	1,021,047	[13]		[13]
Issuance of shares	RM 5,171,195	[13]	$ 1,096,242	[13]		[13]
Issuance of shares Fifteen [Member]
Paid up capital:
Issuance of shares	8,000,000	[14]	8,000,000	[14]		[14]
Issuance of shares	RM 32,285,776	[14]	$ 6,844,267	[14]		[14]
Issuance of shares Sixteen [Member]
Paid up capital:
Issuance of shares	14,197,447	[15]	14,197,447	[15]		[15]
Issuance of shares	RM 46,952,428	[15]	$ 9,953,453	[15]		[15]
Issuance of shares Seventeen [Member]
Paid up capital:
Issuance of shares	1,582,542	[16]	1,582,542	[16]		[16]
Issuance of shares	RM 5,009,859	[16]	$ 1,062,041	[16]		[16]
[1]On April 12, 2023, 1,280,000 ordinary shares were issued in our initial offering at USD4.00 .25 .00 .80 59 USD0.

Revenue (Details) - Schedule of

Revenue (Details) - Schedule of Revenue	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)
Schedule of Revenue [Line Items]
Total Revenue	RM 64,751,592	$ 13,726,701	RM 44,463,195
Business strategy consultancy [Member]
Schedule of Revenue [Line Items]
Total Revenue	52,647,479	11,160,748	20,789,179
Technology development, solutions and consultancy [Member]
Schedule of Revenue [Line Items]
Total Revenue	8,250,188	1,748,959	19,733,018
Interest income [Member]
Schedule of Revenue [Line Items]
Total Revenue	3,193,950	677,086	1,118,641
Others [Member]
Schedule of Revenue [Line Items]
Total Revenue	RM 659,975	$ 139,908	RM 2,822,357

Other Income (Details) - Schedu

Other Income (Details) - Schedule of Other Income	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)	Jun. 30, 2023 USD ($)
Schedule of Other Income [Abstract]
Interest income	RM 3,771	$ 799	RM 942	$ 202
Gain on disposal of financial asset, FVTOCI			780,319
Gain on forex	352,100	74,642	158,801
Reimbursement income for expenses incurred	44,377	9,408	104,839
Reversal of impairment allowance on trade receivables	64,384	13,649
Others	26,769	5,674	10,005
Total	RM 491,401	$ 104,172	RM 1,054,906	$ 225,992

Cost of Services (Details) - Sc

Cost of Services (Details) - Schedule of Cost of Services	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)
Schedule of Cost of Services [Line Items]
Consultant fee	RM 3,465,205	$ 734,589	RM 5,676,167
Subscription fee	42,003	8,904	180,669
Training costs	47,635	10,098	192,398
Others	426,720	90,461
Total	RM 3,981,563	$ 844,052	RM 6,049,234

Employees Benefit Expenses (Det

Employees Benefit Expenses (Details) - Schedule of Employees Benefit Expenses	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)	Jun. 30, 2023 USD ($)
Schedule of Employees Benefit Expenses [Line Items]
Wages and salaries	RM 7,064,194	$ 1,497,540	RM 6,860,747
Defined contribution plan	593,912	125,904	514,817
Other short-term benefits	47,320	10,031	394,661
Total	7,705,426	1,633,475	7,770,225	$ 1,664,608
Director [Member]
Schedule of Employees Benefit Expenses [Line Items]
Wages and salaries	1,808,696	383,426	1,758,118
Defined contribution plan	84,000	17,807	118,080
Other short-term benefits	1,147	243	1,159
Total	RM 1,893,843	$ 401,476	RM 1,877,357

Finance Cost (Details) - Schedu

Finance Cost (Details) - Schedule of Finance Cost	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)
Interest expenses on:
Bank borrowings	RM 4,446	$ 942	RM 1,246
Operating lease obligation	24,327	5,157	14,629
Other borrowings	13	3
Total	RM 28,786	$ 6,102	RM 15,875

Other Operating Expenses (Detai

Other Operating Expenses (Details) - Schedule of Other Operating Expenses - Other Operating Expense [Member]	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)
Other Operating Expenses (Details) - Schedule of Other Operating Expenses [Line Items]
Regulatory compliance and statutory cost	RM 77,577	$ 16,446	RM 103,237
Regulatory consultancy fee	776,000	164,504
Cost incurred to obtain licence	19,597	4,154	12,113
Bad debt written off	889	189
Bank charges	54,394	11,531	24,764
Entertainment	413,987	87,761	450,727
Event fees	539,691	114,409	120,448
Foreign exchange adjustment	1,852,970	392,811	841,902
Marketing expenses	4,162,840	882,481	419,013
Software and website usage fee	29,165	6,183	29,628
Staff welfare	1,065,069	225,784	319,518
Office expenses	1,406,833	298,235	561,345
Preliminary expenses written off			280
Referral fees	30,000	6,360
Recruitment fees	78,935	16,733	93,101
Travelling expenses	1,164,755	246,917	512,997
Upkeep of office equipment	257,695	54,629	100,866
Loss on disposal of subsidiary	4,794	1,016
Net investment loss			78,618
Total	RM 11,935,191	$ 2,530,143	RM 3,668,557

Profit Before Income Tax (Detai

Profit Before Income Tax (Details) - Schedule of Financial Statements, Profit Before Income Tax	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)	Jun. 30, 2023 USD ($)
Schedule of Financial Statements, Profit Before Income Tax [Abstract]
Legal and professional fees	RM 3,531,157	$ 748,571	RM 1,473,823	$ 315,736
Director’s fees	RM 10,672,584	$ 2,262,483	RM 5,435,664	$ 1,164,477

Income Tax Expenses (Details) -

Income Tax Expenses (Details) - Schedule of Income Tax Expenses	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)	Jun. 30, 2023 USD ($)
Schedule of Income Tax Expenses [Abstract]
Current income tax expense	RM 826,402	$ 175,189	RM 800,000
Overprovision for tax expense			(173,857)
Income tax expense	RM 826,402	$ 175,189	RM 626,143	$ 134,138

Income Tax Expenses (Details)_2

Income Tax Expenses (Details) - Schedule of Profit Before Income Tax Differs from Using Standard Rate of Income Tax	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)	Jun. 30, 2023 USD ($)
Schedule of Profit Before Income Tax Differs from Using Standard Rate of Income Tax [Abstract]
Profit before income tax	RM 26,240,099	$ 5,562,643	RM 20,680,347	$ 4,430,332
Tax calculated at tax rate of 24%	6,297,624	1,335,034	4,963,283
- Non-taxable income	(5,794,261)	(1,228,326)	(4,163,283)
- Unutilised tax losses forfeited
- Expenses not deductible for tax purposes	323,039	68,481
Total Effects of income	826,402	175,189	800,000
Overprovision in prior year			(173,857)
Income tax expense	RM 826,402	$ 175,189	RM 626,143	$ 134,138

Income Tax Expenses (Details)_3

Income Tax Expenses (Details) - Schedule of Profit Before Income Tax Differs from Using Standard Rate of Income Tax (Parentheticals)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Profit Before Income Tax Differs from Using Standard Rate of Income Tax [Abstract]
Calculated tax rate	24%	24%

Operating Lease (Details) - Sch

Operating Lease (Details) - Schedule of Operating Lease	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)
Schedule of Operating Lease [Abstract]
Short-term leases	RM 269,160	$ 57,059	RM 149,951

Significant Related Party Tra_3

Significant Related Party Transactions (Details) - Schedule of Balance with Related Parties (Common Shareholders)	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Related Party [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	RM 25,644,717	$ 5,436,428	RM 5,318,769
Trade receivables [member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	5,531,955	1,172,720	2,499,319
Trade receivables [member] | Hoo Voon Him [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	1,015,731	215,325	988,191
Trade receivables [member] | Reveillon Group Sdn Bhd [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	3,117,164	660,808	150,001
Trade receivables [member] | V Invesco Sdn Bhd [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	1,399,060	296,587	1,361,127
Loans, Advances and Financing [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	20,112,762	4,263,708	2,819,450
Loans, Advances and Financing [Member] | Reveillon Group Sdn Bhd [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	17,449,362	3,699,094	1,338,583
Loans, Advances and Financing [Member] | XVI Troika Sdn Bhd [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	2,615,383	554,435	1,480,867
Loans, Advances and Financing [Member] | Reveillon Group Limited [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Total amount due from related parties	48,017	10,179
Non-trade payables [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Amount due to related parties			1,300,359
Non-trade payables [Member] | Hoo Voon Him [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Amount due to related parties			204,469
Non-trade payables [Member] | Noraini [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Amount due to related parties			930,890
Non-trade payables [Member] | V Capital Sdn Bhd [Member]
Schedule of Balance with Related Parties (Common Shareholders) [Line Items]
Amount due to related parties			RM 165,000

Significant Related Party Tra_4

Significant Related Party Transactions (Details) - Schedule of Significant Related Party Transactions	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)
V Capital Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Trade nature
Description	Purchase of services
Significant related party transactions			RM 62,257
V Invesco Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Trade nature
Description	Purchase of services
Significant related party transactions			55,500
V Capital Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Non-trade nature
Description	Advances paid by V Capital Sdn Bhd
Significant related party transactions			(327,307)
V Capital Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Non-trade nature
Description	Advances paid to V Capital Sdn Bhd
Significant related party transactions	RM 165,000	34,978
V Invesco Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Non-trade nature
Description	Advances paid by V Invesco Sdn Bhd
Significant related party transactions			(10,000)
V Invesco Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Trade nature
Description	Sale of services
Significant related party transactions
V Invesco Fund (L) Limited [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Non-trade nature
Description	Advances paid by V Invesco Fund (L) Limited
Significant related party transactions			(5,093)
V Consortium Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common shareholder
Nature	Non-trade nature
Description	Advances paid by V Consortium Sdn Bhd
Significant related party transactions			(56,058)
Hoo Voon Him [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Director
Nature	Non-trade nature
Description	Advance paid to Director
Significant related party transactions	RM 204,469	43,345
Noraini Binti Aripin [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Director
Nature	Non-trade nature
Description	Advance receipt from Director
Significant related party transactions			(1,152,464)
Vincent Hong [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Director
Nature	Non-trade nature
Description	Advance receipt from Director
Significant related party transactions			(466,783)
Noraini Binti Aripin [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Director
Nature	Non-trade nature
Description	Advance paid to Director
Significant related party transactions	RM 930,890	197,340
Reveillon Group Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common Director
Nature	Trade nature
Description	Sale of financing services
Significant related party transactions	RM (147,489)	(31,266)
Reveillon Group Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common Director
Nature	Trade nature
Description	Sale of consultancy services
Significant related party transactions	RM (2,962,982)	(628,123)
XVI Troika Sdn Bhd [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common Director
Nature	Trade nature
Description	Sale of financing services
Significant related party transactions	RM (154,135)	(32,675)
Reveillon Group Limited [Member]
Schedule of Significant Related Party Transactions [Line Items]
Relationship	Common Director
Nature	Trade nature
Description	Sale of financing services
Significant related party transactions	RM (3,656)	$ (775)

Operating Segments (Details)

Operating Segments (Details)	6 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)
Related Party [Member]
Operating Segments (Details) [Line Items]
Revenue generated amount	RM 3,268,262	$ (692,839)

Operating Segments (Details) -

Operating Segments (Details) - Schedule of Segment Revenues and Results - Operating segments [member]	12 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 MYR (RM)
Schedule of Segment Revenues and Results [Line Items]
Revenue	RM 64,751,592	$ 13,726,701	RM 44,463,195
Net profit	27,525,936	5,835,228	20,555,325
Other gains and losses	(1,260,822)	(267,282)	125,326
Interest income	3,771	799	942
Finance cost	(28,786)	(6,102)	(1,246)
Profit before income tax	26,240,099	5,562,643	20,680,347
Income tax expense	(826,402)	(175,189)	(626,143)
Profit for the year	25,413,697	5,387,454	20,054,204
Business strategy consultancy [Member]
Schedule of Segment Revenues and Results [Line Items]
Revenue	52,647,479	11,160,748	20,789,179
Net profit	22,909,476	4,856,584	6,498,804
Technology development, solutions and consultancy [Member]
Schedule of Segment Revenues and Results [Line Items]
Revenue	8,250,188	1,748,959	19,733,018
Net profit	3,760,825	797,258	11,772,361
Interest Income [Member]
Schedule of Segment Revenues and Results [Line Items]
Revenue	3,193,950	677,086	1,118,641
Net profit	1,056,683	224,006	667,227
Others [Member]
Schedule of Segment Revenues and Results [Line Items]
Revenue	659,975	139,908	2,822,357
Net profit	RM (201,048)	$ (42,620)	RM 1,616,933

Operating Segments (Details) _2

Operating Segments (Details) - Schedule of Segment Assets	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)	Dec. 31, 2023 USD ($)
Schedule of Segment Assets [Line Items]
Assets	RM 267,931,412	$ 56,798,822	RM 118,047,637	$ 25,722,362
Operating Segments [Member]
Schedule of Segment Assets [Line Items]
Assets	267,931,412	56,798,822	118,047,637
Operating Segments [Member] | Business strategy consultancy [Member]
Schedule of Segment Assets [Line Items]
Assets	217,846,586	46,181,332	56,519,511
Operating Segments [Member] | Technology development, solutions and consultancy [Member]
Schedule of Segment Assets [Line Items]
Assets	34,137,918	7,236,903	15,496,175
Operating Segments [Member] | Interest income [Member]
Schedule of Segment Assets [Line Items]
Assets	13,216,039	2,801,670	38,007,733
Operating Segments [Member] | Investments and others [Member]
Schedule of Segment Assets [Line Items]
Assets	2,730,869	578,917	8,024,218
Unallocated assets [Member]
Schedule of Segment Assets [Line Items]
Assets

Financial Instruments, Financ_3

Financial Instruments, Financial Risks and Capital Risks Management (Details) - MYR (RM)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2021
Financial Instruments, Financial Risks and Capital Risks Management (Details) [Line Items]
Change in foreign currency rates	5%
Sensitivity rate of foreign currency	5%
Decrease increase profit for the year	RM 1,613	RM 3,347	RM 5,983
Currency Risk [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) [Line Items]
Change in foreign currency rates	5%

Financial Instruments, Financ_4

Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Financial Instruments at the End of the Reporting Period - Financial Instruments [Member]	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Financial assets
Loan and receivables (including cash and bank balances)	RM 125,673,972	$ 26,641,646	RM 69,696,778
Finance assets measured at fair value through other comprehensive income	44,375,928	9,407,260	38,368,829
Finance assets measured at fair value through profit or loss	74,599	15,814	72,793
Financial liabilities
Financial liabilities, at amortised cost	22,809,055	4,835,296	22,862,227
Financial liabilities, at fair value through profit or loss	RM 7,614,909	$ 1,614,286	RM 1,964,335

Financial Instruments, Financ_5

Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Currency Exposure of Financial Assets and Financial Liabilities - MYR (RM)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Singapore Dollar [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Currency Exposure of Financial Assets and Financial Liabilities [Line Items]
Financial assets	RM 21,020	RM 15,101
Financial liabilities	6,000
Outstanding foreign currency	751	755
United States Dollar [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Currency Exposure of Financial Assets and Financial Liabilities [Line Items]
Financial assets	23,613,396	7,123,179
Financial liabilities	350,167	1,416,836
Outstanding foreign currency	RM 1,163,161	RM 285,317

Financial Instruments, Financ_6

Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Current Credit Risk Grading Framework	6 Months Ended
	Jun. 30, 2024
Performing [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Current Credit Risk Grading Framework [Line Items]
Description of credit risk	The counterparty has a low risk of default and does not have any past-due amounts
Basis for recognizing ECL	12-month ECL
Doubtful [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Current Credit Risk Grading Framework [Line Items]
Description of credit risk	There has been a significant increase in credit risk since initial recognition
Basis for recognizing ECL	Lifetime ECL- not credit-impaired
In default [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Current Credit Risk Grading Framework [Line Items]
Description of credit risk	There is evidence indicating the asset is credit impaired
Basis for recognizing ECL	Lifetime ECL - credit impaired
Write-off [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Current Credit Risk Grading Framework [Line Items]
Description of credit risk	There is evidence indicating that the debtor is in severe financial difficulty and the Company has no realistic prospect of recovery
Basis for recognizing ECL	Amount is written off

Financial Instruments, Financ_7

Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Non-derivative Financial Liabilities - MYR (RM)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	RM 22,809,055	RM 22,368,378
On demand or within 1 year [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	22,373,269	21,408,872
Within 2 to 5 Years [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	RM 435,786	RM 959,506
Non-interest Bearing [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Weighted average effective interest rate
Non-derivative financial liabilities	RM 21,026,860	RM 20,684,288
Non-interest Bearing [Member] | On demand or within 1 year [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	21,026,860	20,684,288
Non-interest Bearing [Member] | Within 2 to 5 Years [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities
Fixed Interest Rate [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	RM 904,025	RM 1,559,140
Fixed Interest Rate [Member] | Bottom of range [member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Weighted average effective interest rate	3.50%	3.50%
Fixed Interest Rate [Member] | Top of range [member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Weighted average effective interest rate	5%	5%
Fixed Interest Rate [Member] | On demand or within 1 year [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	RM 638,683	RM 680,916
Fixed Interest Rate [Member] | Within 2 to 5 Years [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	RM 265,342	RM 878,224
Variable Interest Rate [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Weighted average effective interest rate, Variable interest rate	BLR+	BLR+
Weighted average effective interest rate	2.60%	2.60%
Non-derivative financial liabilities	RM 878,170	RM 124,950
Variable Interest Rate [Member] | On demand or within 1 year [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	707,726	43,668
Variable Interest Rate [Member] | Within 2 to 5 Years [Member]
Schedule of Non-derivative Financial Liabilities [Line Items]
Non-derivative financial liabilities	RM 170,444	RM 81,282

Financial Instruments, Financ_8

Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Debt-to-Equity Ratio	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Schedule of Debt-to-Equity Ratio [Abstract]
Total debts	RM 22,809,055	$ 4,835,296	RM 22,862,227
Total equity	RM 236,801,277	$ 50,199,539	RM 92,969,863
Debt-to-equity %	9.63%	9.63%	24.59%

Financial Instruments, Financ_9

Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Total Revenue		6 Months Ended
		Jun. 30, 2024 MYR (RM)		Jun. 30, 2024 USD ($)		Jun. 30, 2023 MYR (RM)
Customer A [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Total Revenue [Line Items]
Amount of the Group’s revenue		RM 928,221		$ 196,774		RM 19,712,300
Customer B [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Total Revenue [Line Items]
Amount of the Group’s revenue	[1]
Customer C [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Total Revenue [Line Items]
Amount of the Group’s revenue			[1]		[1]	8,263,840
Customer D [Member]
Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Total Revenue [Line Items]
Amount of the Group’s revenue	[1]
[1] Revenue from relevant customer was less than 10% of the Group’s total revenue for the respective year.

Financial Instruments, Finan_10

Financial Instruments, Financial Risks and Capital Risks Management (Details) - Schedule of Total Accounts Receivable	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Customer A [Member]
Schedule of Total Accounts Receivable [Line Items]
Total accounts receivable	RM 11,668,144	$ 2,473,532	RM 2,326,144

Fair Value and Fair Value Hie_3

Fair Value and Fair Value Hierarchy of Financial Instruments (Details) - 6 months ended Jun. 30, 2024	MYR (RM)	USD ($)
Fair Value and Fair Value Hierarchy of Financial Instruments [Abstract]
Investment amount of shares	RM 499,441	$ 519,257

Fair Value and Fair Value Hie_4

Fair Value and Fair Value Hierarchy of Financial Instruments (Details) - Schedule of Carrying Amounts and Fair Values of the Financial Instruments	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Carrying amount [Member]
Financial assets
Financial assets, at fair value through profit or loss	RM 74,599	$ 15,814	RM 72,793
Financial assets, at fair value through other comprehensive income	44,375,928	9,407,260	38,368,829
Liabilities
Warrant liabilities	7,614,909	1,614,286	1,964,335
Fair value [Member]
Financial assets
Financial assets, at fair value through profit or loss	74,599	15,814	72,793
Financial assets, at fair value through other comprehensive income	44,375,928	9,407,260	38,368,829
Liabilities
Warrant liabilities	RM 7,614,909	$ 1,614,286	RM 1,964,335

Fair Value and Fair Value Hie_5

Fair Value and Fair Value Hierarchy of Financial Instruments (Details) - Schedule of Fair Value Measurement Hierarchy - MYR (RM)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Fair Value Measurement Hierarchy [Line Items]
Financial assets at fair value through profit or loss	RM 74,599	RM 72,793
Financial assets at fair value through other comprehensive income	44,375,928	38,368,829
Financial liabilities, at fair value through profit or loss	7,614,909	1,964,335
Quoted prices in active markets (Level 1) [Member]
Schedule of Fair Value Measurement Hierarchy [Line Items]
Financial assets at fair value through profit or loss
Financial assets at fair value through other comprehensive income	2,449,454	36
Financial liabilities, at fair value through profit or loss
Significant observable inputs (Level 2) [Member]
Schedule of Fair Value Measurement Hierarchy [Line Items]
Financial assets at fair value through profit or loss
Financial assets at fair value through other comprehensive income
Financial liabilities, at fair value through profit or loss	7,614,909	1,964,335
Significant unobservable inputs (Level 3) [Member]
Schedule of Fair Value Measurement Hierarchy [Line Items]
Financial assets at fair value through profit or loss	74,599	72,793
Financial assets at fair value through other comprehensive income	41,926,474	38,368,793
Financial liabilities, at fair value through profit or loss

Fair Value and Fair Value Hie_6

Fair Value and Fair Value Hierarchy of Financial Instruments (Details) - Schedule of Movements in Fair Value Measurements - Level 1 of fair value hierarchy [Member] - Quoted/Unquoted Equity Shares at Fair Value through Other Comprehensive Income [Member]	6 Months Ended		12 Months Ended
	Jun. 30, 2024 MYR (RM)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 MYR (RM)
Fair Value and Fair Value Hierarchy of Financial Instruments (Details) - Schedule of Movements in Fair Value Measurements [Line Items]
At beginning of year	RM 36	$ 8	RM 12,819,747
Addition	23,738,105	5,032,244	369,967
Disposal	(14,548,082)	(3,084,050)	(13,891,379)
Currency realignment	66,390	14,074
Total unrealized gain recognized in other comprehensive income/(loss)	(6,806,995)	(1,443,016)	701,701
At end of year	RM 2,449,454	$ 519,260	RM 36

Reconciliations of Liabilitie_3

Reconciliations of Liabilities Arising from Financing Activities (Details) - Schedule of Reconciliations of Liabilities Arising from Financing Activities - MYR (RM)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Reconciliations of Liabilities Arising from Financing Activities (Details) - Schedule of Reconciliations of Liabilities Arising from Financing Activities [Line Items]
At beginning of year	RM 2,177,939	RM 1,837,832
Proceeds from borrowings		886,093
Principal	(395,744)	(545,986)
Interest charges	28,773	90,804
Subsidiary acquired
Interest paid	(28,773)	(90,804)
At end of year	1,782,195	2,177,939
Bank borrowings [Member]
Reconciliations of Liabilities Arising from Financing Activities (Details) - Schedule of Reconciliations of Liabilities Arising from Financing Activities [Line Items]
At beginning of year	322,599	443,174
Proceeds from borrowings
Principal	(44,429)	(120,575)
Interest charges	4,446	13,954
Subsidiary acquired
Interest paid	(4,446)	(13,954)
At end of year	278,170	322,599
Lease liabilities [member]
Reconciliations of Liabilities Arising from Financing Activities (Details) - Schedule of Reconciliations of Liabilities Arising from Financing Activities [Line Items]
At beginning of year	1,255,340	744,959
Proceeds from borrowings		886,093
Principal	(351,315)	(375,712)
Interest charges	24,327	30,288
Subsidiary acquired
Interest paid	(24,327)	(30,288)
At end of year	904,025	1,255,340
Other borrowings [Member]
Reconciliations of Liabilities Arising from Financing Activities (Details) - Schedule of Reconciliations of Liabilities Arising from Financing Activities [Line Items]
At beginning of year	600,000	649,699
Proceeds from borrowings
Principal		(49,699)
Interest charges		46,562
Subsidiary acquired
Interest paid		(46,562)
At end of year	RM 600,000	RM 600,000