3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Oct. 31, 2019

Accounting Policies [Abstract]

Cash and cash equivalents

	As of October 31,
	2019		2018
Cash and bank balances held by financial institutions located in Malaysia	$	198,113	$	503,197

Description of property plant and equipment held

Categories	Location of properties	Expected useful life
Freehold plantation land and orchard	Oil palm and durian plantation in Malaysia	Indefinite, as per land titles
Leasehold land under development	Leasehold land in Puncak Alam, Malaysia	Remaining lease life of 88 years, as per land titles
Freehold land under development	Freehold land in Sungai Long, Cheras, Selangor, Malaysia	Indefinite, as per land titles
Freehold land and land improvement for rental purpose	Land portion of 15 story building in Kuala Lumpur, Malaysia	Indefinite, as per property titles
Building structure and improvements	Building structure of commercial buildings in Kuala Lumpur, Malaysia, including: 12 story building “Megan Avenue” and 15 story building	33 years
Office furniture and equipment		3-10 years
Motor vehicles		5 years
Bearer plants	Oil palm and durian plantation in Malaysia	50 years

Commercial buildings for lease

Name of Commercial building	Number of units (by floor)	Footage area (square feet)	Vacancy percentage
Megan Avenue	12	19,987	33%
Le Apple Boutique Hotel KLCC (fka “Menara CMY”)	15	91,848	0%

Schedule of unamortized rent concession

	As of October 31,
	2019		2018
Rental concession:
Current portion	$	26,350	$	26,304
Non-current portion		608,257		633,484
Total	$	634,607	$	659,788

Schedule of amortization on long-term rent concessions

Period ending October 31:
2020	$	26,350
2021		26,350
2022		26,350
2023		26,350
2024		26,350
Thereafter		502,857
Total	$	634,607

Minimum future rental receivables

Period ending October 31:
2020	$	1,627,979
2021		1,573,123
2022		1,554,677
2023		1,554,677
2024		1,554,677
Thereafter		29,668,424
Total	$	37,533,557

Exchange rates used in translation amounts

	As of and for the year ended October 31,
	2019		2018
Year-end MYR : US$1 exchange rate		4.1745		4.1819
Yearly average MYR : US$1 exchange rate		4.1653		4.0248

Fair value measurement of financial assets

	Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
As of October 31, 2019
Marketable securities at fair value	$	186,835	$	–	$	–
As of October 31, 2018
Marketable securities at fair value	$	172,532	$	–	$	–