SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2018

Significant Accounting Policies Tables Abstract

Exchange rate used for translation

	Period End		Average
US$ to MYR	Rate		Rate
September 30, 2018		4.1379		3.9885
December 31, 2017		4.0573		4.2982
September 30, 2017		4.2213		4.3453

Estimated useful lives of assets

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation is calculated under the straight-line method to write off the cost of the assets over their estimated useful lives.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></p> <table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; font-size-adjust: none; font-stretch: normal"> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Computer and software</font></td> <td style="width: 1%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td> <td style="vertical-align: top; width: 9%"><font style="font: 10pt Times New Roman, Times, Serif">5 years</font></td> <td style="width: 1%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Furniture and fittings</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">10 years</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Office equipment</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">10 years</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Renovation and improvements</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">10 years</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Building</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">40 years</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td></tr> <tr style="background-color: white"> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Land</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td> <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">95 years</font></td> <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"> </font></td></tr></table>