June 30, 2024

June 30, 2023

June 30, 2022

$

Loss before tax

(11,254,626

)

(16,791,770

)

(1,076,823

)

Singapore statutory income tax rate

17

%

17

%

17

%

Income tax expense computed at statutory rate

(1,913,286

)

(2,854,601

)

(183,060

)

Reconciling items:

Income not subject to tax in Singapore

—

—

(11,680

)

Non-deductible expenses

1,875,179

2,236,523

—

Change in valuation allowance

—

618,078

194,740

Others

38,107

—

—

Income tax expenses

—

—

—