0001500122
2019-04-01
2019-12-31
0001500122
2019-12-31
0001500122
2019-03-31
0001500122
2018-04-01
2018-12-31
0001500122
2018-03-31
0001500122
2018-12-31
0001500122
us-gaap:CommonStockMember
2018-03-31
0001500122
us-gaap:CommonStockMember
2019-03-31
0001500122
us-gaap:AdditionalPaidInCapitalMember
2019-03-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-03-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2019-03-31
0001500122
us-gaap:RetainedEarningsMember
2018-03-31
0001500122
us-gaap:RetainedEarningsMember
2019-03-31
0001500122
us-gaap:NoncontrollingInterestMember
2019-03-31
0001500122
us-gaap:CommonStockMember
2019-12-31
0001500122
us-gaap:AdditionalPaidInCapitalMember
2019-12-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2019-04-01
2019-12-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2019-12-31
0001500122
us-gaap:RetainedEarningsMember
2019-04-01
2019-12-31
0001500122
us-gaap:RetainedEarningsMember
2019-12-31
0001500122
us-gaap:NoncontrollingInterestMember
2019-04-01
2019-12-31
0001500122
us-gaap:NoncontrollingInterestMember
2019-12-31
0001500122
nvgi:Subsidiary1Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary1Member
2019-12-31
0001500122
nvgi:Subsidiary3Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary3Member
2019-12-31
0001500122
nvgi:Subsidiary4Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary4Member
2019-12-31
0001500122
nvgi:Subsidiary7Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary7Member
2019-12-31
0001500122
us-gaap:LeaseholdImprovementsMember
2019-04-01
2019-12-31
0001500122
us-gaap:FurnitureAndFixturesMember
2019-04-01
2019-12-31
0001500122
us-gaap:OfficeEquipmentMember
2019-04-01
2019-12-31
0001500122
us-gaap:VehiclesMember
2019-04-01
2019-12-31
0001500122
nvgi:PeriodEndMember
currency:SGD
2019-12-31
0001500122
nvgi:PeriodEndMember
currency:SGD
2018-12-31
0001500122
nvgi:AnnualAverageMember
currency:SGD
2019-12-31
0001500122
nvgi:AnnualAverageMember
currency:SGD
2018-12-31
0001500122
nvgi:ProductSalesAsPrincpalMember
2019-04-01
2019-12-31
0001500122
nvgi:ProductSalesAsAgentMember
2019-04-01
2019-12-31
0001500122
nvgi:OtherOperatingRevenueMember
2019-04-01
2019-12-31
0001500122
nvgi:ProductSalesAsPrincpalMember
2018-04-01
2018-12-31
0001500122
nvgi:ProductSalesAsAgentMember
2018-04-01
2018-12-31
0001500122
nvgi:OtherOperatingRevenueMember
2018-04-01
2018-12-31
0001500122
country:CN
2019-04-01
2019-12-31
0001500122
country:SG
2019-04-01
2019-12-31
0001500122
srt:AsiaPacificMember
2019-04-01
2019-12-31
0001500122
country:CN
2018-04-01
2018-12-31
0001500122
country:SG
2018-04-01
2018-12-31
0001500122
srt:AsiaPacificMember
2018-04-01
2018-12-31
0001500122
nvgi:NobleViciPteMember
2019-04-01
2019-12-31
0001500122
nvgi:NobleViciPteMember
2019-12-31
0001500122
us-gaap:BuildingMember
2019-04-01
2019-12-31
0001500122
us-gaap:CommonStockMember
2018-04-01
2018-12-31
0001500122
us-gaap:CommonStockMember
2018-12-31
0001500122
us-gaap:AdditionalPaidInCapitalMember
2018-04-01
2018-12-31
0001500122
us-gaap:AdditionalPaidInCapitalMember
2018-12-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-04-01
2018-12-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-12-31
0001500122
us-gaap:RetainedEarningsMember
2018-04-01
2018-12-31
0001500122
us-gaap:RetainedEarningsMember
2018-12-31
0001500122
us-gaap:NoncontrollingInterestMember
2018-04-01
2018-12-31
0001500122
country:MY
2019-04-01
2019-12-31
0001500122
country:MY
2018-04-01
2018-12-31
0001500122
country:PH
2019-04-01
2019-12-31
0001500122
country:PH
2018-04-01
2018-12-31
0001500122
country:TH
2019-04-01
2019-12-31
0001500122
country:TH
2018-04-01
2018-12-31
0001500122
nvgi:Subsidiary8Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary8Member
2019-12-31
0001500122
nvgi:Subsidiary9Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary9Member
2019-12-31
0001500122
nvgi:Subsidiary10Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary10Member
2019-12-31
0001500122
nvgi:Subsidiary11Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary11Member
2019-12-31
0001500122
nvgi:Subsidiary12Member
2019-04-01
2019-12-31
0001500122
nvgi:Subsidiary12Member
2019-12-31
0001500122
nvgi:FinanceLeaseMember
srt:MinimumMember
2019-03-31
0001500122
nvgi:FinanceLeaseMember
srt:MaximumMember
2019-03-31
0001500122
us-gaap:PropertyPlantAndEquipmentMember
2019-12-31
0001500122
us-gaap:NoncontrollingInterestMember
2018-12-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2018-04-01
2018-12-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2019-04-01
2019-12-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2018-03-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2018-12-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2019-03-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2019-12-31
0001500122
2019-10-01
2019-12-31
0001500122
2018-10-01
2018-12-31
0001500122
us-gaap:CommonStockMember
2018-10-01
2018-12-31
0001500122
us-gaap:AdditionalPaidInCapitalMember
2018-10-01
2018-12-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2019-10-01
2019-12-31
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-10-01
2018-12-31
0001500122
us-gaap:RetainedEarningsMember
2019-10-01
2019-12-31
0001500122
us-gaap:RetainedEarningsMember
2018-10-01
2018-12-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2019-10-01
2019-12-31
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2018-10-01
2018-12-31
0001500122
us-gaap:NoncontrollingInterestMember
2019-10-01
2019-12-31
0001500122
us-gaap:NoncontrollingInterestMember
2018-10-01
2018-12-31
0001500122
nvgi:ToroVSystemPrivateLimitedMember
2019-04-01
2019-12-31
0001500122
nvgi:ToroVSystemPrivateLimitedMember
2019-12-31
0001500122
nvgi:VmoreHoldingLimitedMember
2019-04-01
2019-12-31
0001500122
nvgi:VmoreHoldingLimitedMember
2019-12-31
0001500122
nvgi:MissKaoMember
2019-12-31
0001500122
nvgi:RoyaltyAndMarketingExpenseMember
2019-10-01
2019-12-31
0001500122
nvgi:RoyaltyAndMarketingExpenseMember
2018-04-01
2018-12-31
0001500122
nvgi:RoyaltyAndMarketingExpenseMember
2018-10-01
2018-12-31
0001500122
nvgi:RoyaltyAndMarketingExpenseMember
2019-04-01
2019-12-31
0001500122
country:CN
2019-10-01
2019-12-31
0001500122
country:CN
2018-10-01
2018-12-31
0001500122
country:SG
2019-10-01
2019-12-31
0001500122
country:SG
2018-10-01
2018-12-31
0001500122
country:MY
2019-10-01
2019-12-31
0001500122
country:MY
2018-10-01
2018-12-31
0001500122
country:PH
2019-10-01
2019-12-31
0001500122
country:PH
2018-10-01
2018-12-31
0001500122
country:TH
2019-10-01
2019-12-31
0001500122
country:TH
2018-10-01
2018-12-31
0001500122
country:ID
2019-04-01
2019-12-31
0001500122
country:ID
2019-10-01
2019-12-31
0001500122
country:ID
2018-10-01
2018-12-31
0001500122
country:ID
2018-04-01
2018-12-31
0001500122
srt:AsiaPacificMember
2019-10-01
2019-12-31
0001500122
srt:AsiaPacificMember
2018-10-01
2018-12-31
0001500122
nvgi:CostsOfGoodsSoldMember
nvgi:VendorAMember
2019-04-01
2019-12-31
0001500122
nvgi:CostsOfGoodsSoldMember
nvgi:VendorAMember
2019-10-01
2019-12-31
0001500122
nvgi:CostsOfGoodsSoldMember
nvgi:VendorAMember
2019-12-31
0001500122
2020-02-07
0001500122
us-gaap:CommonStockMember
2019-04-01
2019-12-31
0001500122
us-gaap:AdditionalPaidInCapitalMember
2019-04-01
2019-12-31
0001500122
us-gaap:CommonStockMember
2019-10-01
2019-12-31
0001500122
us-gaap:CommonStockMember
2019-09-30
0001500122
us-gaap:CommonStockMember
2018-09-30
0001500122
us-gaap:AdditionalPaidInCapitalMember
2019-10-01
2019-12-31
0001500122
us-gaap:AdditionalPaidInCapitalMember
2019-09-30
0001500122
us-gaap:AdditionalPaidInCapitalMember
2018-09-30
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2019-09-30
0001500122
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-09-30
0001500122
us-gaap:RetainedEarningsMember
2019-09-30
0001500122
us-gaap:RetainedEarningsMember
2018-09-30
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2019-09-30
0001500122
nvgi:TotalStockholdersEquityDeficitMember
2018-09-30
0001500122
us-gaap:NoncontrollingInterestMember
2019-09-30
0001500122
us-gaap:NoncontrollingInterestMember
2018-09-30
0001500122
2019-09-30
0001500122
2018-09-30
0001500122
nvgi:SalesProgrammingMember
2019-04-01
2019-12-31
0001500122
nvgi:SalesProgrammingMember
2018-04-01
2018-12-31
0001500122
us-gaap:PropertyPlantAndEquipmentMember
2019-03-31
0001500122
nvgi:LegalCounselMember
2019-04-01
2019-10-31
0001500122
nvgi:DeferredCompensationMember
2019-04-01
2019-12-31
0001500122
nvgi:DeferredCompensationMember
2019-03-31
0001500122
nvgi:DeferredCompensationMember
2019-12-31
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
xbrli:pure
Noble Vici Group, Inc.
Noble Infotech Applications Pte Ltd
Venvici Pte Ltd
Venvici Ltd
UB45 Pte Limited
Noble Vici Pte Ltd
Noble Digital Apps Sendirian Berhad
The Digital Agency Pte. Ltd.
Ventrepreneur (SG) Pte Ltd
VMore Merchants Pte Ltd
AIM System Pte Ltd
ToroV System Private Limited
VMore Holding Limited
0001500122
10-Q
2019-12-31
false
--03-31
Yes
false
Non-accelerated Filer
true
2020
0.0001
0.0001
3000000000
3000000000
210804160
210704160
14674821
2170648
11266471
0
2461179
44735
1721612
404301
225641
7399810
518526
1801612
269685
99351
3669216
0
1646733
0
802893
0
2063937
1207151
9011
1100799
1928059
8784
22171
0
131
0
5039
0
412002
14986
0
0
84540
97568
947171
0
Development of software for interactive digital media and software consultancy
Business and management consultancy services on e-commerce service
Business and management consultancy services on e-commerce service
Investment holding
Holding Company
Digital apps and big data business
Business and management consultancy services
Online retailing
Merchants onboarding
Affiliate System Provider
IoT Retailing
New Zealand holding company
S$ 1
S$100,000
US$50,000
S$10,000
S$200,001
MYR1,000
$1
S$10,000
S$1,000
S$1,000
S$10,000
NZ$10,000
1.00
1.00
1.00
1.00
1.00
0.51
0.51
1.00
1.00
1.00
.51
1.0
3-10 years or lesser than term of lease
3 years
1-3 years
2 years
38 years or lesser than term of lease
1.3552
1.3632
1.3668
1.3588
0
0
0
880296
671992
358214
566262
0
0
909352
2039-12-31
190964
83651
442651
200505
421972
37473
210804160
Yes
000-54761
DE
1208689
6145460
4834731
2600732
223137
361884
16640
16636
7235282
10037370
358214
566262
3658279
3754685
4016493
4320947
11251775
14358317
1806747
964001
1210431
1617855
2928582
8979352
17784
91483
280317
280317
280317
0
84672
252490
246957
6872280
12264637
1840727
2008708
8713007
14273345
21080
21070
136427910
136227920
0
10936760
-136423
20089
-133609887
-125141278
2702680
191041
-163912
-106069
2538768
84972
-1163654
-1486834
14000
21070
136227920
-46440
20089
-1131214
-125141278
-106069
21080
136427910
-136423
-133609887
-163912
16422
43272568
72340
-44797552
-50612
-1163654
-1436222
191041
2702680
21070
14368
136227920
2192624
-141380
13446
-132182904
-2252208
3924706
-31770
-37892
10872
3886814
-20898
-10936760
0
11251775
14358317
210804160
210704160
-8468609
-43347104
-8468609
-61412
2620467
-43172994
-43347104
-43347104
-8468609
-1426983
-42545344
-1426983
-42545344
-1426983
-42545344
-126020
140000000
210704160
210804160
164224160
210704160
143683161
80661
252490
252490
238977
238977
2093217
235782
874501
.0375
0.2280
149807
56482
3527314
3422556
Republic of Singapore
Republic of Signapore
Republic of Seychelles
Republic of Singapore
Republic of Singapore
Federation of Malaysia
Republic of Signapore
Republic of Singapore
Republic of Singapore
Republic of Singapore
Republic of Singapore
New Zealand
Q3
375929
0
355913
-18555
174110
-18555
174110
-29779
174110
206390
44279
69007
18353
147031
183289
49011
120356
P3Y
0.05
2019-12-31
772222
834082
2865439
3089747
0.17
0.17
445479
-7339409
-464034
7513519
0.19
0.24
1580300
544751
682382
691331
1536980
217286
48330
0
8311170
1813928
2250717
1396126
6363651
356720
-186780
-188975
421972
442651
83651
200505
3372306
2033487
1116808
916444
11136760
41081998
200000
41081998
14931038
43558136
1400459
42198947
-8567387
-43201416
-1587239
-42387922
67110
24775
22545
23076
14632
1047
14632
0
43897
34957
11024
34957
27392
17193
1346
4807
18811
28422
4457
16688
-8548576
-43172994
-1582782
-42371234
-8530021
-43347104
-1553003
-42545344
-61412
0
-126020
0
-156512
118780
4957
58894
-8686533
-43228324
-1548046
-42486450
-0.04
-0.30
-0.01
-0.30
210727433
146217422
210773725
142818378
2663135
-318968
266
-319234
-318968
26
152726
152726
152726
1020000
2040000
102
2039898
2040000
20540999
20540999
41081998
2054
41079944
41081998
41081998
2054
41079944
41081998
3569
50612
3569
50612
61484
61484
-156512
118780
-156512
118780
118780
-156512
4957
58894
4957
58894
4957
58894
100000
100000
100000
200000
200000
200000
200000
10
199990
10
199990
200000
10936760
10936760
10936760
3604
0
-4895929
0
-137637
3385254
0
316409
372722
-382356
835358
856593
404283
-1489999
-6001010
4038460
2214407
0
-131886
-254100
446616
9395
52676
0
99741
3487021
0
183986
0
37576
-47065
-3633431
0
160362
-73089
21292
0
2349421
161528
130912
-234617
2400163
-173883
-95821
-8949
-1319694
126312
0
67110
33665
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -1in"><b>NOTE —1          BASIS
OF PRESENTATION</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying unaudited condensed consolidated
financial statements have been prepared by management in accordance with both accounting principles generally accepted in the United
States (“GAAP”), and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and note disclosures
normally included in audited financial statements prepared in accordance with generally accepted accounting principles have been
condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate
to make the information not misleading.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the opinion of management, the consolidated
balance sheet as of March 31, 2019 which has been derived from audited financial statements and these unaudited condensed consolidated
financial statements reflect all normal and recurring adjustments considered necessary to state fairly the results for the periods
presented. The results for the period ended December 31, 2019 are not necessarily indicative of the results to be expected for
the entire fiscal year ending March 31, 2020 or for any future period.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These unaudited condensed consolidated
financial statements and notes thereto should be read in conjunction with the Management’s Discussion and the audited financial
statements and notes thereto included in the Annual Report on Form 10-K for the year ended March 31, 2019.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—2          DESCRIPTION
OF BUSINESS AND ORGANIZATION</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Noble Vici Group, Inc. (the “Company”),
formerly known as Gold Union Inc., was incorporated under the laws of the State of Delaware on July 6, 2010 under the name of Advanced
Ventures Corp. Effective January 6, 2014, the Company changes its name to “Gold Union Inc.” Effective March 26, 2019,
the Company changes its current name to Noble Vici Group, Inc (“NVGI”).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is currently engaged in the
IoT, Big Data, Blockchain and E-commerce business.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><u>Description of subsidiaries</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1pt solid; width: 16%"><font style="font: 10pt Times New Roman, Times, Serif">Name</font></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 30%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Place of incorporation</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">and kind of</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">legal entity</p></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 19%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Principal activities</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">and place of operation</p></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 16%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Particulars of issued/</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">registered share</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">capital</p></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 15%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Effective interest</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">held</p></td></tr>
<tr style="vertical-align: top">
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">Noble Vici Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.6pt; text-indent: -5.5pt"><font style="font: 10pt Times New Roman, Times, Serif">Holding company</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$200,001</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.6pt; text-indent: -5.5pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">Noble Infotech Applications Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.6pt; text-indent: -5.5pt"><font style="font: 10pt Times New Roman, Times, Serif">Development of software for interactive digital media and software consultancy</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$ 1</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td><font style="font: 10pt Times New Roman, Times, Serif">Noble Digital Apps Sendirian Berhad</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Federation of Malaysia</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Digital apps and big data business</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">MYR1,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">51%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td><font style="font: 10pt Times New Roman, Times, Serif">The Digital Agency Pte. Ltd.</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Business and management consultancy services</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">$1</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">51%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 5.7pt; text-indent: -5.7pt">Venvici Pte Ltd</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0"> </p></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Business and management consultancy services on e-commerce service</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$100,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 5.7pt; text-indent: -5.7pt">Venvici Ltd</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 5.7pt; text-indent: -5.7pt"> </p></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Seychelles</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Business and management consultancy services on e-commerce service</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">US$50,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">Ventrepreneur (SG) Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Online retailing</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">UB45 Pte Limited</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment holding</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">ToroV System Private Limited</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">IoT Retailing</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">51%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">VMore Holding Limited</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">New Zealand</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">New Zealand holding company</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">NZ$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">VMore Merchants Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Merchants onboarding</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$1,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">AIM System Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Affiliate System Provider</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$1,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company and its subsidiaries are hereinafter
referred to as (the “Company”).</p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1pt solid; width: 16%"><font style="font: 10pt Times New Roman, Times, Serif">Name</font></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 30%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Place of incorporation</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">and kind of</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">legal entity</p></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 19%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Principal activities</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">and place of operation</p></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 16%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Particulars of issued/</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">registered share</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">capital</p></td>
<td style="width: 1%"> </td>
<td style="border-bottom: black 1pt solid; width: 15%">
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">Effective interest</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0">held</p></td></tr>
<tr style="vertical-align: top">
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">Noble Vici Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.6pt; text-indent: -5.5pt"><font style="font: 10pt Times New Roman, Times, Serif">Holding company</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$200,001</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.6pt; text-indent: -5.5pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">Noble Infotech Applications Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.6pt; text-indent: -5.5pt"><font style="font: 10pt Times New Roman, Times, Serif">Development of software for interactive digital media and software consultancy</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$ 1</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td><font style="font: 10pt Times New Roman, Times, Serif">Noble Digital Apps Sendirian Berhad</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Federation of Malaysia</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Digital apps and big data business</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">MYR1,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">51%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td><font style="font: 10pt Times New Roman, Times, Serif">The Digital Agency Pte. Ltd.</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Business and management consultancy services</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">$1</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">51%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 5.7pt; text-indent: -5.7pt">Venvici Pte Ltd</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 0"> </p></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Business and management consultancy services on e-commerce service</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$100,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 5.7pt; text-indent: -5.7pt">Venvici Ltd</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.8pt 0pt 5.7pt; text-indent: -5.7pt"> </p></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Seychelles</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Business and management consultancy services on e-commerce service</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">US$50,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">Ventrepreneur (SG) Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Online retailing</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">UB45 Pte Limited</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment holding</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">ToroV System Private Limited</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">IoT Retailing</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">51%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">VMore Holding Limited</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">New Zealand</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">New Zealand holding company</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">NZ$10,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">VMore Merchants Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Merchants onboarding</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$1,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="padding-left: 5.7pt; text-indent: -5.7pt"><font style="font: 10pt Times New Roman, Times, Serif">AIM System Pte Ltd</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Republic of Singapore</font></td>
<td> </td>
<td style="padding-left: 5.65pt; text-indent: -5.65pt"><font style="font: 10pt Times New Roman, Times, Serif">Affiliate System Provider</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">S$1,000</font></td>
<td> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">100%</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—3          SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying condensed consolidated
financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere
in the accompanying condensed consolidated financial statements and notes.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Basis of presentation</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 29.4pt; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These accompanying condensed consolidated
financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America
(“US GAAP”).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Basis of consolidation</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The condensed consolidated financial statements
include the accounts of the Company and its subsidiaries. All significant inter-company balances and transactions within the Company
have been eliminated upon consolidation.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Use of estimates and assumptions</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing these condensed consolidated
financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in
the balance sheet and revenues and expenses during the periods reported. Actual results may differ from these estimates. Significant
estimates in the nine months ended December 31, 2019 and 2018 include the useful life of property and equipment and intangible
assets, assumptions used in assessing impairment of goodwill and the value of stock-based compensation.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Cash and cash equivalents are carried at
cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments
with an original maturity of three months or less as of the purchase date of such investments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Accounts receivable</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Accounts receivable consist of amounts
due from customers in connection with our normal business activities and are carried at sales value less allowance for doubtful
accounts. The allowance for doubtful accounts is established to reflect the expected losses of accounts receivable based on past
collection history, age, account payment status compared to invoice payment terms and specific individual risks identified. The
delinquency of a receivable account is determined based on these factors. The Company does not accrue interest on aged accounts
receivable. As of December 31, 2019, there were no allowances for doubtful accounts.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Intangible assets</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Intangible assets represented the acquired
game right from a related party, which are stated at acquisition cost, less accumulated amortization. The Company amortizes its
intangible assets with definite lives over their estimated useful lives and reviews these assets for impairment when an indicator
for potential impairment exists. The Company is currently amortizing its intangible assets with definite lives over periods of
3 years.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Property, plant and equipment</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Property, plant and equipment are stated
at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line
basis over the following expected useful lives from the date on which they become fully operational and after taking into account
their estimated residual values:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" align="center" style="font: 10pt Times New Roman, Times, Serif; width: 83%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 45%; text-align: justify"> </td>
<td style="width: 2%; text-align: justify"> </td>
<td style="border-bottom: black 1pt solid; width: 34%"><font style="font: 10pt Times New Roman, Times, Serif">Expected useful lives</font></td>
<td style="width: 2%; text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Building</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">38 years or lesser than term of lease</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Leasehold improvements</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">3-10 years or lesser than term of lease</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Furniture and fittings</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">3 years</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Office equipment and computers</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">1- 3 years</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Motor vehicle</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">2 years</font></td>
<td style="text-align: justify"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Expenditures for repairs and maintenance
are expensed as incurred. When assets have been retired or sold, the cost and related accumulated depreciation are removed from
the accounts and any resulting gain or loss is recognized in the results of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Depreciation expense for the three months
ended December 31, 2019 and 2018 were $49,011 and $120,356, as part of operating expenses, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Depreciation expense for the nine months
ended December 31, 2019 and 2018 were $147,031 and $183,289, as part of operating expenses, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Impairment of long-lived assets</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with Accounting Standards
Codification ("ASC") Topic 360-10-5, “ <i>Impairment or Disposal of Long-Lived Assets</i> ”, the Company
reviews its long-lived assets, including property, plant and equipment, as well as intangible assets for impairment whenever events
or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable or that useful lives are
no longer appropriate. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the
asset, a loss is recognized for the difference between the fair value and carrying amount of the asset. There has been no impairment
charge as of December 31, 2019.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Revenue recognition</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenue is recognized when it is realized
or realizable and earned, in accordance with ASC 605 <i>Revenue Recognition</i> (“ASC 605”). Revenue from the sale
of products is recognised when all of the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) delivery
has occurred or services have been performed; (3) the seller’s price to the buyer is fixed or determinable; and (4) collectability
is reasonably assured. Product sales are recorded net of good and service taxes and product returns.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company records revenues from the sales
of third-party products on a “gross” basis pursuant to ASC 605-45 <i>Revenue Recognition - Principal Agent Considerations</i>,
when we are the primary obligor in the arrangement with the end customer and have the risks and rewards as principal in the transaction,
such as responsibility for fulfillment, retaining the risk for collection, and establishing the price of the products. If these
indicators have not been met, or if indicators of net revenue reporting specified in ASC 605-45 are present in the arrangement,
revenue is recognized net of related direct costs.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Commission credits</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company maintains a membership program,
whereby certain members earn commission credits, based on the sales volume of certain other members who are sponsored directly
or indirectly by the member. Commission credits are redeemable on future spending of the products purchased or playing online games.
Commission credits are recorded and classified as operating expense when the products are delivered and revenue is recognized.
The estimated liability for unredeemed commission credit is included in commission liability on the accompanying balance sheets.
Management reviews the adequacy for the accrual for unredeemed commission credits by periodically evaluating the historical redemption
and projected trends.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Income taxes</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company adopted the ASC 740 <i>Income
tax</i> provisions of paragraph 740-10-25-13, which addresses the determination of whether tax benefits claimed or expected to
be claimed on a tax return should be recorded in the consolidated financial statements. Under paragraph 740-10-25-13, the Company
may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained
on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated
financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent
(50%) likelihood of being realized upon ultimate settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition, classification,
interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material
adjustments to its liabilities for unrecognized income tax benefits according to the provisions of paragraph 740-10-25-13.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The estimated future tax effects of temporary
differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit
carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance
sheets and provides valuation allowances as management deems necessary.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Uncertain tax positions</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company did not take any uncertain
tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC 740 provisions of Section 740-10-25
for the three and nine months ended December 31, 2019 and 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Finance leases</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Leases that transfer substantially all
the rewards and risks of ownership to the lessee, other than legal title, are accounted for as finance leases. Substantially all
of the risks or benefits of ownership are deemed to have been transferred if any one of the four criteria is met: (i) transfer
of ownership to the lessee at the end of the lease term, (ii) the lease containing a bargain purchase option, (iii) the lease term
exceeding 75% of the estimated economic life of the leased asset, (iv) the present value of the minimum lease payments exceeding
90% of the fair value. At the inception of a finance lease, the Company as the lessee records an asset and an obligation at an
amount equal to the present value of the minimum lease payments. The leased asset is amortized over the shorter of the lease term
or its estimated useful life if title does not transfer to the Company, while the leased asset is depreciated in accordance with
the Company’s depreciation policy if the title is to eventually transfer to the Company. The periodic rent payments made
during the lease term are allocated between a reduction in the obligation and interest element using the effective interest method
in accordance with the provisions of ASC Topic 835-30, <i>“Imputation of Interest”</i>.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Foreign currencies translation</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Transactions denominated in currencies
other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of
the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into
the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are
recorded in the consolidated statement of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The reporting currency of the Company is
United States Dollar ("US$") and the accompanying consolidated financial statements have been expressed in US$. In addition,
the Company’s operating subsidiaries in Singapore and Seychelles maintain their books and record in its local currency, Singapore
Dollars (“S$”), which is a functional currency as being the primary currency of the economic environment in which their
operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency
is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ <i>Translation of Financial Statement</i>”,
using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the
year. The gains and losses resulting from translation of financial statements of foreign subsidiaries are recorded as a separate
component of accumulated other comprehensive income within the statements of changes in stockholder’s equity.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Translation of amounts from S$ into US$1
has been made at the following exchange rates for the period ended December 31, 2019 and 2018:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Period-end S$:US$1 exchange rate</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">1.3552</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">1.3632</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 2.5pt">Period average S$:US$1 exchange rate</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1.3668</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1.3588</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-align: justify">  </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Comprehensive income</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC Topic 220, “<i>Comprehensive
Income</i>”, establishes standards for reporting and display of comprehensive income, its components and accumulated balances.
Comprehensive income as defined includes all changes in equity during a period from non-owner sources. Accumulated other comprehensive
income, as presented in the accompanying consolidated statements of changes in stockholders’ equity, consists of changes
in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation of
income tax expense or benefit.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Segment reporting</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC Topic 280, “<i>Segment Reporting</i>”
establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal
organization structure as well as information about geographical areas, business segments and major customers in consolidated financial
statements. For the three and nine months ended December 31, 2019 and 2018, the Company operates in one reportable operating segment
in Singapore and Asian Region.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Related parties</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 850-10, <i>Related
Party</i> for the identification of related parties and disclosure of related party transactions.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to section 850-10-20 the related
parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required,
absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted
for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing
trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the
Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management
or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its
own separate interests; and g) other parties that can significantly influence the management or operating policies of the
transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other
to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements shall
include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other
similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of
consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature
of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts
were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to
an understanding of the effects of the transactions on the consolidated financial statements; c) the dollar amounts of transactions
for each of the periods for which income statements are presented and the effects of any change in the method of establishing the
terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance
sheet presented and, if not otherwise apparent, the terms and manner of settlement.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font> </td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Commitments and contingencies</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 450-20, <i>Commitments</i>
to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which
may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The
Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss
contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings,
the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the
amount of relief sought or expected to be sought therein. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the assessment of a contingency indicates
that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated
liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material
loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent
liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Loss contingencies considered remote are
generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe,
based upon information available at this time that these matters will have a material adverse effect on the Company’s financial
position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely
affect the Company’s business, financial position, and results of operations or cash flows.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Fair value of financial instruments</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows paragraph 825-10-50-10
of the FASB ASC for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB
ASC (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the
FASB ASC establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures
about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph
820-10-35-37 of the FASB ASC establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure
fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active
markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value
hierarchy defined by paragraph 820-10-35-37 of the FASB ASC are described below:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif">Level 1</font></td>
<td style="width: 2%; padding-left: 5.4pt"> </td>
<td style="width: 89%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.</font></td></tr>
<tr style="vertical-align: top">
<td> </td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt"> </td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 2</font></td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.</font></td></tr>
<tr style="vertical-align: top">
<td> </td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt"> </td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 3</font></td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Pricing inputs that are generally observable inputs and not corroborated by market data.</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial assets are considered Level 3
when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least
one significant model assumption or input is unobservable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The fair value hierarchy gives the highest
priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable
inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the
categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The carrying amounts of the Company’s
financial assets and liabilities, such as cash and cash equivalents, approximate their fair values because of the short maturity
of these instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">  </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Recent accounting pronouncements</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In February 2016, the FASB issued ASU 2016-02,
“Leases (Topic 842)”. Under ASU 2016-02, lessees will be required to recognize all leases (with the exception of short-term
leases) at the commencement date including a lease liability, which is a lessee’s obligation to make lease payments arising
from a lease, measured on a discounted basis; and a right-of-use (ROU) asset, which is an asset that represents the lessee’s
right to use, or control the use of, a specified asset for the lease term. Leases with a term of twelve months or less will be
accounted for similar to existing guidance for operating leases. In December 2017, January 2018, July 2018, December 2018 and March
2019, the FASB issued ASU 2017-13, ASU 2018-01, ASU 2018-10 & 11, ASU 2018-20 and ASU 2019-01, respectively, which contain
modifications and improvements to ASU 2016-02. The amendments provide entities with an additional (and optional) transition method
to adopt the new leases standard. Under the Optional Transition Method, an entity initially applies the new leases standard at
the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption.
On January 1, 2019, the Company adopted ASC Topic 842 using the modified retrospective approach and elected to utilize the Optional
Transition Method. In addition, the Company elected the land easement transition practical expedient and did not reassess whether
an existing or expired land easement is a lease or contains a lease if it has not historically been accounted for as a lease. The
adoption did not impact the Company’s previously reported consolidated financial statements nor did it result in a cumulative
effect adjustment to retained earnings as of January 1, 2019. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In June 2018, the FASB issued ASU 2018-07,
Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment. ASU 2018-07 aligns the accounting
for share based payments granted to non-employees with that of share based payments granted to employees. The Company early adopted
ASU No. 2018-07 in the fourth quarter of 2018 and there was no cumulative effect of adoption. The adoption of this ASU did not
have a material impact on our financial position, results of operations, cash flows, or presentation thereof.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Basis of presentation</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 29.4pt; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These accompanying condensed consolidated
financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America
(“US GAAP”).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Basis of consolidation</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The condensed consolidated financial statements
include the accounts of the Company and its subsidiaries. All significant inter-company balances and transactions within the Company
have been eliminated upon consolidation.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Use of estimates and assumptions</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing these condensed consolidated
financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in
the balance sheet and revenues and expenses during the periods reported. Actual results may differ from these estimates. Significant
estimates in the nine months ended December 31, 2019 and 2018 include the useful life of property and equipment and intangible
assets, assumptions used in assessing impairment of goodwill and the value of stock-based compensation.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Cash and cash equivalents are carried at
cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments
with an original maturity of three months or less as of the purchase date of such investments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Accounts receivable</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Accounts receivable consist of amounts
due from customers in connection with our normal business activities and are carried at sales value less allowance for doubtful
accounts. The allowance for doubtful accounts is established to reflect the expected losses of accounts receivable based on past
collection history, age, account payment status compared to invoice payment terms and specific individual risks identified. The
delinquency of a receivable account is determined based on these factors. The Company does not accrue interest on aged accounts
receivable. As of December 31, 2019, there were no allowances for doubtful accounts.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Intangible assets</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Intangible assets represented the acquired
game right from a related party, which are stated at acquisition cost, less accumulated amortization. The Company amortizes its
intangible assets with definite lives over their estimated useful lives and reviews these assets for impairment when an indicator
for potential impairment exists. The Company is currently amortizing its intangible assets with definite lives over periods of
3 years.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Property, plant and equipment</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Property, plant and equipment are stated
at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line
basis over the following expected useful lives from the date on which they become fully operational and after taking into account
their estimated residual values:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" align="center" style="font: 10pt Times New Roman, Times, Serif; width: 83%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 45%; text-align: justify"> </td>
<td style="width: 2%; text-align: justify"> </td>
<td style="border-bottom: black 1pt solid; width: 34%"><font style="font: 10pt Times New Roman, Times, Serif">Expected useful lives</font></td>
<td style="width: 2%; text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Building</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">38 years or lesser than term of lease</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Leasehold improvements</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">3-10 years or lesser than term of lease</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Furniture and fittings</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">3 years</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Office equipment and computers</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">1- 3 years</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Motor vehicle</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">2 years</font></td>
<td style="text-align: justify"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Expenditures for repairs and maintenance
are expensed as incurred. When assets have been retired or sold, the cost and related accumulated depreciation are removed from
the accounts and any resulting gain or loss is recognized in the results of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Depreciation expense for the three months
ended December 31, 2019 and 2018 were $49,011 and $120,356, as part of operating expenses, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Depreciation expense for the nine months
ended December 31, 2019 and 2018 were $147,031 and $183,289, as part of operating expenses, respectively.</p>
<table cellspacing="0" cellpadding="0" align="center" style="font: 10pt Times New Roman, Times, Serif; width: 83%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 45%; text-align: justify"> </td>
<td style="width: 2%; text-align: justify"> </td>
<td style="border-bottom: black 1pt solid; width: 34%"><font style="font: 10pt Times New Roman, Times, Serif">Expected useful lives</font></td>
<td style="width: 2%; text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Building</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">38 years or lesser than term of lease</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Leasehold improvements</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">3-10 years or lesser than term of lease</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Furniture and fittings</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">3 years</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: White">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Office equipment and computers</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">1- 3 years</font></td>
<td style="text-align: justify"> </td></tr>
<tr style="vertical-align: top; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Motor vehicle</font></td>
<td style="text-align: justify"> </td>
<td><font style="font: 10pt Times New Roman, Times, Serif">2 years</font></td>
<td style="text-align: justify"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Impairment of long-lived assets</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with Accounting Standards
Codification ("ASC") Topic 360-10-5, “ <i>Impairment or Disposal of Long-Lived Assets</i> ”, the Company
reviews its long-lived assets, including property, plant and equipment, as well as intangible assets for impairment whenever events
or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable or that useful lives are
no longer appropriate. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the
asset, a loss is recognized for the difference between the fair value and carrying amount of the asset. There has been no impairment
charge as of December 31, 2019.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Revenue recognition</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Revenue is recognized when it is realized
or realizable and earned, in accordance with ASC 605 <i>Revenue Recognition</i> (“ASC 605”). Revenue from the sale
of products is recognised when all of the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) delivery
has occurred or services have been performed; (3) the seller’s price to the buyer is fixed or determinable; and (4) collectability
is reasonably assured. Product sales are recorded net of good and service taxes and product returns.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company records revenues from the sales
of third-party products on a “gross” basis pursuant to ASC 605-45 <i>Revenue Recognition - Principal Agent Considerations</i>,
when we are the primary obligor in the arrangement with the end customer and have the risks and rewards as principal in the transaction,
such as responsibility for fulfillment, retaining the risk for collection, and establishing the price of the products. If these
indicators have not been met, or if indicators of net revenue reporting specified in ASC 605-45 are present in the arrangement,
revenue is recognized net of related direct costs.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Commission credits</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company maintains a membership program,
whereby certain members earn commission credits, based on the sales volume of certain other members who are sponsored directly
or indirectly by the member. Commission credits are redeemable on future spending of the products purchased or playing online games.
Commission credits are recorded and classified as operating expense when the products are delivered and revenue is recognized.
The estimated liability for unredeemed commission credit is included in commission liability on the accompanying balance sheets.
Management reviews the adequacy for the accrual for unredeemed commission credits by periodically evaluating the historical redemption
and projected trends.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Income taxes</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company adopted the ASC 740 <i>Income
tax</i> provisions of paragraph 740-10-25-13, which addresses the determination of whether tax benefits claimed or expected to
be claimed on a tax return should be recorded in the consolidated financial statements. Under paragraph 740-10-25-13, the Company
may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained
on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated
financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent
(50%) likelihood of being realized upon ultimate settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition, classification,
interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material
adjustments to its liabilities for unrecognized income tax benefits according to the provisions of paragraph 740-10-25-13.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The estimated future tax effects of temporary
differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit
carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance
sheets and provides valuation allowances as management deems necessary.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Uncertain tax positions</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company did not take any uncertain
tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC 740 provisions of Section 740-10-25
for the three and nine months ended December 31, 2019 and 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Finance leases</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Leases that transfer substantially all
the rewards and risks of ownership to the lessee, other than legal title, are accounted for as finance leases. Substantially all
of the risks or benefits of ownership are deemed to have been transferred if any one of the four criteria is met: (i) transfer
of ownership to the lessee at the end of the lease term, (ii) the lease containing a bargain purchase option, (iii) the lease term
exceeding 75% of the estimated economic life of the leased asset, (iv) the present value of the minimum lease payments exceeding
90% of the fair value. At the inception of a finance lease, the Company as the lessee records an asset and an obligation at an
amount equal to the present value of the minimum lease payments. The leased asset is amortized over the shorter of the lease term
or its estimated useful life if title does not transfer to the Company, while the leased asset is depreciated in accordance with
the Company’s depreciation policy if the title is to eventually transfer to the Company. The periodic rent payments made
during the lease term are allocated between a reduction in the obligation and interest element using the effective interest method
in accordance with the provisions of ASC Topic 835-30, <i>“Imputation of Interest”</i>.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Foreign currencies translation</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Transactions denominated in currencies
other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of
the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into
the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are
recorded in the consolidated statement of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The reporting currency of the Company is
United States Dollar ("US$") and the accompanying consolidated financial statements have been expressed in US$. In addition,
the Company’s operating subsidiaries in Singapore and Seychelles maintain their books and record in its local currency, Singapore
Dollars (“S$”), which is a functional currency as being the primary currency of the economic environment in which their
operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency
is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ <i>Translation of Financial Statement</i>”,
using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the
year. The gains and losses resulting from translation of financial statements of foreign subsidiaries are recorded as a separate
component of accumulated other comprehensive income within the statements of changes in stockholder’s equity.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Translation of amounts from S$ into US$1
has been made at the following exchange rates for the period ended December 31, 2019 and 2018:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Period-end S$:US$1 exchange rate</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">1.3552</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">1.3632</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 2.5pt">Period average S$:US$1 exchange rate</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1.3668</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1.3588</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-align: justify"></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Period-end S$:US$1 exchange rate</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">1.3552</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">1.3632</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 2.5pt">Period average S$:US$1 exchange rate</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1.3668</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">1.3588</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Comprehensive income</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC Topic 220, “<i>Comprehensive
Income</i>”, establishes standards for reporting and display of comprehensive income, its components and accumulated balances.
Comprehensive income as defined includes all changes in equity during a period from non-owner sources. Accumulated other comprehensive
income, as presented in the accompanying consolidated statements of changes in stockholders’ equity, consists of changes
in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation of
income tax expense or benefit.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Segment reporting</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC Topic 280, “<i>Segment Reporting</i>”
establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal
organization structure as well as information about geographical areas, business segments and major customers in consolidated financial
statements. For the three and nine months ended December 31, 2019 and 2018, the Company operates in one reportable operating segment
in Singapore and Asian Region.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Related parties</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 850-10, <i>Related
Party</i> for the identification of related parties and disclosure of related party transactions.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to section 850-10-20 the related
parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required,
absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted
for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing
trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the
Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management
or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its
own separate interests; and g) other parties that can significantly influence the management or operating policies of the
transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other
to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements shall
include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other
similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of
consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature
of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts
were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to
an understanding of the effects of the transactions on the consolidated financial statements; c) the dollar amounts of transactions
for each of the periods for which income statements are presented and the effects of any change in the method of establishing the
terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance
sheet presented and, if not otherwise apparent, the terms and manner of settlement.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font> </td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Commitments and contingencies</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the ASC 450-20, <i>Commitments</i>
to report accounting for contingencies. Certain conditions may exist as of the date the financial statements are issued, which
may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The
Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss
contingencies related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings,
the Company evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the
amount of relief sought or expected to be sought therein. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the assessment of a contingency indicates
that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated
liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material
loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent
liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Loss contingencies considered remote are
generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe,
based upon information available at this time that these matters will have a material adverse effect on the Company’s financial
position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely
affect the Company’s business, financial position, and results of operations or cash flows.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Fair value of financial instruments</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows paragraph 825-10-50-10
of the FASB ASC for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB
ASC (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the
FASB ASC establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures
about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph
820-10-35-37 of the FASB ASC establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure
fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active
markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value
hierarchy defined by paragraph 820-10-35-37 of the FASB ASC are described below:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif">Level 1</font></td>
<td style="width: 2%; padding-left: 5.4pt"> </td>
<td style="width: 89%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.</font></td></tr>
<tr style="vertical-align: top">
<td> </td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt"> </td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 2</font></td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.</font></td></tr>
<tr style="vertical-align: top">
<td> </td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt"> </td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 3</font></td>
<td style="padding-left: 5.4pt"> </td>
<td style="padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Pricing inputs that are generally observable inputs and not corroborated by market data.</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial assets are considered Level 3
when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least
one significant model assumption or input is unobservable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The fair value hierarchy gives the highest
priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable
inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the
categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The carrying amounts of the Company’s
financial assets and liabilities, such as cash and cash equivalents, approximate their fair values because of the short maturity
of these instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 5%"><font style="font: 10pt Times New Roman, Times, Serif">☐</font></td>
<td style="width: 95%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Recent accounting pronouncements</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In February 2016, the FASB issued ASU 2016-02,
“Leases (Topic 842)”. Under ASU 2016-02, lessees will be required to recognize all leases (with the exception of short-term
leases) at the commencement date including a lease liability, which is a lessee’s obligation to make lease payments arising
from a lease, measured on a discounted basis; and a right-of-use (ROU) asset, which is an asset that represents the lessee’s
right to use, or control the use of, a specified asset for the lease term. Leases with a term of twelve months or less will be
accounted for similar to existing guidance for operating leases. In December 2017, January 2018, July 2018, December 2018 and March
2019, the FASB issued ASU 2017-13, ASU 2018-01, ASU 2018-10 & 11, ASU 2018-20 and ASU 2019-01, respectively, which contain
modifications and improvements to ASU 2016-02. The amendments provide entities with an additional (and optional) transition method
to adopt the new leases standard. Under the Optional Transition Method, an entity initially applies the new leases standard at
the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption.
On January 1, 2019, the Company adopted ASC Topic 842 using the modified retrospective approach and elected to utilize the Optional
Transition Method. In addition, the Company elected the land easement transition practical expedient and did not reassess whether
an existing or expired land easement is a lease or contains a lease if it has not historically been accounted for as a lease. The
adoption did not impact the Company’s previously reported consolidated financial statements nor did it result in a cumulative
effect adjustment to retained earnings as of January 1, 2019. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In June 2018, the FASB issued ASU 2018-07,
Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment. ASU 2018-07 aligns the accounting
for share based payments granted to non-employees with that of share based payments granted to employees. The Company early adopted
ASU No. 2018-07 in the fourth quarter of 2018 and there was no cumulative effect of adoption. The adoption of this ASU did not
have a material impact on our financial position, results of operations, cash flows, or presentation thereof.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—4          REVENUE</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Nine months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Products sales, as principal</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">11,266,471</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">44,735</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Products sales, as agent (net basis)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">1,721,612</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Sales programming</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">947,171</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Other operating revenue</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,461,179</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">404,301</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,674,821</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,170,648</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Nine months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Products sales, as principal</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">11,266,471</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">44,735</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Products sales, as agent (net basis)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">1,721,612</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Sales programming</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">947,171</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Other operating revenue</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,461,179</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">404,301</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,674,821</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,170,648</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—5          INTANGIBLE
ASSETS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2019</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">(Audited)</font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Gaming right and software</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 70%; text-indent: -5.65pt; padding-left: 5.65pt">Gross carrying value</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,238,510</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,238,254</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Less: accumulated amortization</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(880,296</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(671,992</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-indent: -5.65pt; padding-left: 5.65pt">Net carrying value</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">358,214</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">566,262</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Non-amortising portion</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Intangible assets, net</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">358,214</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">566,262</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Amortization expense for the three months
ended December 31, 2019 and 2018 were $69,007 and $18,353, as part of operating expenses, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Amortization expense for the nine months
ended December 31, 2019 and 2018 were $206,390 and $44,279, as part of operating expenses, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table outlines the annual
amortization expense for the next two years:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td>Years ending December 31:</td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 85%; text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2020</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">277,553</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -0.05pt; padding-left: 5.65pt">2021</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">80,661</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Total</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">358,214</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2019</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">(Audited)</font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Gaming right and software</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 70%; text-indent: -5.65pt; padding-left: 5.65pt">Gross carrying value</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,238,510</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,238,254</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Less: accumulated amortization</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(880,296</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(671,992</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-indent: -5.65pt; padding-left: 5.65pt">Net carrying value</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">358,214</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">566,262</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Non-amortising portion</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Intangible assets, net</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">358,214</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">566,262</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td>Years ending December 31:</td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 85%; text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2020</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">277,553</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; text-indent: -0.05pt; padding-left: 5.65pt">2021</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">80,661</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Total</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">358,214</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—6          AMOUNT
DUE FROM A THIRD PARTY</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2019, the Company
made temporary advance of $221,373 to a third party, which is secured by the stocks held and becomes mature on or before
February 17, 2020. Interest is charged at the rate of 5% per annum.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—7          AMOUNT
DUE TO A DIRECTOR</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2019, amount due to
a director of the Company, Mr. TANG Wai Chong Eldee, which was unsecured, interest-free and had no fixed terms of repayment. Imputed
interest from related party loan is not significant.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—8          AMOUNT
DUE TO A RELATED PARTY</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2019, the Company owed
the amount of $280,317 due to the former shareholder of the Company, Miss Kao. The balance is unsecured, interest-free and has
no fixed terms of repayment. Imputed interest from related party loan is not significant.</p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td>Years ending December 31:</td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 85%; text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2020</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">252,490</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2021</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">252,490</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2022</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">238,977</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2023</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">238,977</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2024</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">235,782</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt; text-indent: -0.05pt; padding-left: 5.65pt">Thereafter</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">874,501</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Total</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,093,217</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—10          INCOME
TAX</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company generated an operating loss
for the nine months ended December 31, 2019 and 2018, recorded tax credit of $18,555 for the nine months ended December 31, 2019.
The Company has operations in various countries and is subject to tax in the jurisdictions in which they operate, as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>United States of America</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">NVGI is registered in the State of Delaware
and is subject to United States of America tax law. No provision for income taxes have been made as NVGI has generated no taxable
income for the periods presented. The Company’s policy is to recognize accrued interest and penalties related to unrecognized
tax benefits in its income tax provision. The Company has not accrued or paid interest or penalties which were not material to
its results of operations for the period presented.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2019, the Company incurred
$909,352 of cumulative net operating losses which can be carried forward to offset future taxable income. The net operating loss
carryforwards begin to expire in 2039, if unutilized. The Company has provided for a full valuation allowance against the deferred
tax assets of $190,964 on the expected future tax benefits from the net operating loss carryforwards as the management believes
it is more likely than not that these assets will not be realized in the future.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Republic of Singapore</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s operating subsidiaries
are registered in Republic of Singapore and are subject to the Singapore corporate income tax at a standard income tax rate of
17% on the assessable income arising in Singapore during its tax year.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s subsidiary in Republic
of Seychelles is also subject to the Singapore corporate income tax regime.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The reconciliation of income tax rate to
the effective income tax rate based on income (loss) before income taxes for the nine months ended December 31, 2019 and 2018 are
as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Nine months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: justify">Income (loss) before income taxes</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">2,620,467</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">(43,172,994</td><td style="width: 1%; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: justify; padding-bottom: 1pt">Statutory income tax rate</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">17%</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">17%</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left">Income tax expense at statutory rate</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">445,479</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(7,339,409</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Tax effect of (non-taxable income) non-deductible expenses</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(464,034</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">7,513,519</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 2.5pt">Income tax (credit) expense</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(18,555</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">174,110</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Nine months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: justify">Income (loss) before income taxes</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">2,620,467</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">(43,172,994</td><td style="width: 1%; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: justify; padding-bottom: 1pt">Statutory income tax rate</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">17%</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">17%</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left">Income tax expense at statutory rate</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">445,479</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(7,339,409</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Tax effect of (non-taxable income) non-deductible expenses</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(464,034</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">7,513,519</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 2.5pt">Income tax (credit) expense</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(18,555</td><td style="padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">174,110</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE - 11           STOCKHOLDERS’
EQUITY</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In October 2019, the Company issued 100,000
shares of its common stock to its legal counsel for legal services provided to the Company at the fair value of $200,000, equal
to $2 per share.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">As of December
31, 2019 and March 31, 2019, the Company had a total of 210,804,160 and 210,704,160 shares of its common stock issued and outstanding,
respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—12          RELATED
PARTY TRANSACTIONS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From time to time, the stockholder and
director of the Company advanced funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing
and due on demand. The imputed interest on the loan from a related party was not significant.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Royalty charges and marketing expenses
paid to a related company totaled $83,651 and $200,505 for the three months ended December 31, 2019 and 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><br />
Royalty charges and marketing expenses paid to a related company totaled $421,972 and $442,651 for the nine months ended December
31, 2019 and 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Apart from the transactions and balances
detailed elsewhere in these accompanying consolidated financial statements, the Company has no other significant or material related
party transactions during the periods presented.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—13          CONCENTRATIONS
OF RISK</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Company is exposed to the following concentrations of risk:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(a)       Major
customers</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three and nine months ended December
31, 2019 and 2018, there is no single customer representing more than 10% of the Company’s revenue.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(b)       Major
vendors</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended December 31,
2019, this is one single vendor representing more than 10% of the Company’s purchase. This vendor (Vendor A) accounted for
24% of the Company’s purchase amounting to $544,751 with $355,913 of accounts payable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Eldee Tang, our Chief Executive Officer
and Director, owns 31% of Vendor A.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the three months ended December 31,
2018, there were no vendors representing more than 10% of the Company’s purchase.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the nine months ended December 31,
2019, this is one single vendor representing more than 10% of the Company’s purchase. This vendor (Vendor A) accounted for
19% of the Company’s purchase amounting to $1,580,300 with $355,913 of accounts payable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Eldee Tang, our Chief Executive Officer
and Director, owns 31% of Vendor A.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the nine months ended December 31,
2018, there were no vendors representing more than 10% of the Company’s purchase.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company considers its business activities
to constitute one single reportable segment. The Company’s chief operating decision makers use consolidated results to make
operating and strategic decisions. The geographic distribution analysis of the Company’s revenues by region is as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">  </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%">China</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">9,011</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,100,799</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Singapore</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">1,928,059</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">8,784</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Malaysia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">22,171</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Philippines</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">131</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Thailand</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">5,039</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Indonesia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">14,986</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt">Other countries in Asia Pacific</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">84,540</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">97,568</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,063,937</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,207,151</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Nine months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%">China</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">225,641</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,801,612</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Singapore</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">7,399,810</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">269,685</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Malaysia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">3,669,216</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Philippines</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">1,646,733</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Thailand</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">802,893</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Indonesia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">412,002</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt">Other countries in Asia Pacific</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">518,526</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">99,351</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,674,821</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,170,648</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All of the Company’s long-lived
assets are located in Singapore.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(c)       Interest rate risk</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As the Company has no significant interest-bearing
assets, the Company’s income and operating cash flows are substantially independent of changes in market interest rates.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s interest-rate risk
arises from borrowings under finance leases. The Company manages interest rate risk by varying the issuance and maturity dates
variable rate debt, limiting the amount of variable rate debt, and continually monitoring the effects of market changes in interest
rates. As of December 31, 2019, borrowing under finance lease was at fixed rates.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d)       Economic and political
risk</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s major operations are
conducted in Republic of Singapore. Accordingly, the political, economic, and legal environments in Singapore, as well as the general
state of Singapore’s economy may influence the Company’s business, financial condition, and results of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(e)       Exchange rate risk</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company cannot guarantee that the current
exchange rate will remain steady; therefore there is a possibility that the Company could post the same amount of profit for two
comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate
of S$ converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments
without notice.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Three months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%">China</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">9,011</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,100,799</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Singapore</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">1,928,059</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">8,784</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Malaysia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">22,171</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Philippines</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">131</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Thailand</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">5,039</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Indonesia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">14,986</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt">Other countries in Asia Pacific</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">84,540</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">97,568</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,063,937</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,207,151</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="6" style="border-bottom: Black 1pt solid; text-align: center">Nine months ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">2018</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%">China</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">225,641</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,801,612</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Singapore</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">7,399,810</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">269,685</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Malaysia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">3,669,216</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Philippines</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">1,646,733</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td>Thailand</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">802,893</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Indonesia</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">412,002</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt">Other countries in Asia Pacific</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">518,526</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">99,351</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,674,821</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,170,648</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—14          COMMITMENTS
AND CONTINGENCIES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)       Operating lease
commitments</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the three and nine months ended
December 31, 2019 and 2018, the Company leased its properties under operating leases. The leases typically commence for a period
ranging for 1 to 3 years. None of the leases includes contingent rentals.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2019, the Company has
future rental payables under non-cancellable operating leases of $37,473 in the next twelve months.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)       Capital commitment</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 1, 2019, the Company entered into
a binding Memorandum of Understanding (the “MOU”) with Eldee Wai Chong Tang, our Chief Executive Officer and Director,
whereby we agreed to reorganize Elusyf Global Private Limited, a Singapore corporation (“EGPL”), into the Company in
accordance with the terms of the MOU. Upon the consummation of such reorganization, EGPL will become a 51% owned subsidiary of
the Company. EGPL is engaged in the business of marketing and distribution of health and beauty products, such as Elusyf Mitos
Activa and Cell Activa Phytomask, among other offerings, through its wide network of channels. The consummation of the acquisition
is subject to the satisfactory completion of financial, tax and legal due diligence of EGPL by the Company, among other conditions.
The Company is in the process of completing its due diligence review of EGPL and has not yet consummated the acquisition.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s director, Mr. Tang
owns Fifty-Nine Thousand Nine Hundred Eighty (59,980) ordinary shares of EGPL, representing 51% of the issued and outstanding securities
of EGPL. It is considered as related party transaction.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—15          SUBSEQUENT
EVENTS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with ASC Topic 855, “<i>Subsequent
Events</i>”, which establishes general standards of accounting for and disclosure of events that occur after the balance
sheet date but before consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred
after December 31, 2019, up through February 14, 2020, the Company issued the unaudited condensed consolidated financial statements.
During the period, the Company has no material recognizable subsequent events.</p>
18555
0
277553
1238510
1238254
221373
221327
2093217
2255665
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE—9         OBLIGATIONS
UNDER FINANCE LEASES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company purchased several motor vehicles
and properties under finance lease agreements with the effective interest rate ranging from 3.75% to 22.8% per annum, due through
March 10, 2026, with principal and interest payable monthly. The obligations under the finance leases are as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2019</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: center">(Audited)</td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: left">Finance lease</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">2,865,439</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,089,747</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Less: interest expense</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(772,222</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(834,082</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 2.5pt">Net present value of finance lease</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,093,217</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,255,665</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Current portion</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">252,490</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">246,957</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt">Non-current portion</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,840,727</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,008,708</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,093,217</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,255,665</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2019, the maturities
of the finance leases for each of the five years and thereafter are as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td>Years ending December 31:</td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 85%; text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2020</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">252,490</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2021</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">252,490</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2022</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">238,977</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2023</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">238,977</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -0.05pt; padding-left: 5.65pt">2024</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">235,782</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt; text-indent: -0.05pt; padding-left: 5.65pt">Thereafter</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">874,501</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Total</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,093,217</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Included in the consolidated balance sheet
as of December 31, 2019 under property, plant and equipment are cost and accumulated depreciation related to capitalized leases
of $3,527,314 and $149,807, respectively. Included in the consolidated balance sheet as of March 31, 2019 under property, plant
and equipment are cost and accumulated depreciation related to capitalized leases of $3,422,556 and $45,482, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The building under finance lease is personally
guaranteed by the director of the Company, Eldee Tang.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31, 2019</td><td style="padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="2" style="text-align: right"> </td><td> </td><td> </td>
<td colspan="2" style="text-align: center">(Audited)</td><td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 70%; text-align: left">Finance lease</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">2,865,439</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,089,747</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Less: interest expense</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(772,222</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(834,082</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 2.5pt">Net present value of finance lease</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,093,217</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,255,665</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Current portion</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">252,490</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">246,957</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt">Non-current portion</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,840,727</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,008,708</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,093,217</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,255,665</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr>
</table>
false