Software Hire Purchase Agreements

12 Months Ended

Mar. 31, 2019

Leases [Abstract]

SOFTWARE HIRE PURCHASE AGREEMENTS

9 SOFTWARE HIRE PURCHASE AGREEMENTS

The Group acquired software under a hire purchase arrangement which is stated at the present value of the minimum installment payments. The gross stated amounts for such software are $0 and $430 and related accumulated depreciation recorded is $0 and $107, respectively as of March, 2019 and 2018.

Depreciation expenses, in respect of assets held under hire purchase were $0, $86 and $23 for the fiscal years ended March 31, 2019, March 31, 2018 and March 31, 2017, respectively.