UPLOAD Filing
ASIAFIN HOLDINGS CORP.
Date: June 30, 2025 · CIK: 0001828748 · Accession: 0000000000-25-006901
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 000-56421
Letter
Re: AsiaFIN Holdings Corp. Form 10-K for Fiscal Year Ended December 31, 2024 Item 2.02 Form 8-K filed June 3, 2025 File No. 000-56421 Dear Kai Cheong Wong:
June 30, 2025
Kai Cheong Wong Chief Executive Officer AsiaFIN Holdings Corp. Suite 30.02, 30th Floor, Menara KH (Promet) Jalan Sultan Ismail 50250 Kuala Lumpur, Malaysia
We have reviewed your filings and have the following comment(s).
Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for Fiscal Year Ended December 31, 2024 Audited Financial Statements Note 14. Income Taxes, page F-16
1. You state on page F-12 that you have adopted ASU 2023-09 in fiscal year ended December 31, 2024. Please tell us your consideration of providing the disclosure required in ASC 740-10-50-11 through 50-12 and 50-23. Item 2.02 Form 8-K filed June 3, 2025 Exhibit 99.1
2. Your presentation of EBITDA appears to be a non-GAAP measure. Please provide the disclosures required in Item 10(e) of Regulation S-K. June 30, 2025 Page 2
We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
Please contact Suying Li at 202-551-3335 or Rufus Decker at 202-551-3769 if you have any questions.
Sincerely,
Division of
Corporation Finance
Office of Trade &
Services
Show Raw Text
<DOCUMENT> <TYPE>TEXT-EXTRACT <SEQUENCE>2 <FILENAME>filename2.txt <TEXT> June 30, 2025 Kai Cheong Wong Chief Executive Officer AsiaFIN Holdings Corp. Suite 30.02, 30th Floor, Menara KH (Promet) Jalan Sultan Ismail 50250 Kuala Lumpur, Malaysia Re: AsiaFIN Holdings Corp. Form 10-K for Fiscal Year Ended December 31, 2024 Item 2.02 Form 8-K filed June 3, 2025 File No. 000-56421 Dear Kai Cheong Wong: We have reviewed your filings and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for Fiscal Year Ended December 31, 2024 Audited Financial Statements Note 14. Income Taxes, page F-16 1. You state on page F-12 that you have adopted ASU 2023-09 in fiscal year ended December 31, 2024. Please tell us your consideration of providing the disclosure required in ASC 740-10-50-11 through 50-12 and 50-23. Item 2.02 Form 8-K filed June 3, 2025 Exhibit 99.1 2. Your presentation of EBITDA appears to be a non-GAAP measure. Please provide the disclosures required in Item 10(e) of Regulation S-K. June 30, 2025 Page 2 We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Suying Li at 202-551-3335 or Rufus Decker at 202-551-3769 if you have any questions. Sincerely, Division of Corporation Finance Office of Trade & Services </TEXT> </DOCUMENT>