DISPOSITION OF SUBSIDIARIES (Tables)

12 Months Ended

Mar. 31, 2022

Disposition Of Subsidiaries

SUMMARY OF FINANCIAL POSITION OF ENTITIES AND GAIN OR LOSS ON DISPOSAL

Financial position of DT	September 30, 2020, date of disposal
Current assets	$	673,025
Noncurrent assets		-
Current liabilities		(70,481	)
Net assets	$	602,544

The consideration was at the fair value as of date of disposal, which was also the carrying value of DT, resulting no gain or loss recognized on the disposal.

Logistics Services Segment

Financial position of HPF	November 16, 2020, date of disposal
Current assets	$	740,060
Noncurrent assets		42,658
Current liabilities		(565,362	)
Net assets	$	217,356