v3.26.1
DUE TO RELATED PARTIES
9 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
DUE TO RELATED PARTIES

 

6. DUE TO RELATED PARTIES

 

As of March 31, 2026, due to related parties balance of $486,239 (June 30, 2025: $452,659) represents the combination of the following:

 

a)$458,239 (June 30, 2025: $424,659) was payable to a principal shareholder’s company, for the operating expenses paid by the related party on behalf of the Company. The loan amount is unsecured, non-interest bearing and due on demand;

 

b)$28,000 (June 30, 2025: $28,000) owed to a director of the Company, for the amount of office, travel and telephone expenses paid by the related party on behalf of the Company. The amount is unsecured, non-interest bearing and due on demand.