BUSINESS COMBINATION (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of Business Combination Assets and Liabilities

The purchase price allocation resulted in $299,242 of goodwill, as below:

Acquired assets:	US$
Cash and cash equivalents	$	6,132
Deposits and prepayments		34,207
Other receivables		29,890
Plant and equipment		268,777
		339,006
Less: Assumed liabilities
Accounts payable		(12,152	)
Accrued liabilities and other payables		(66,389	)
Amount due to a director		(459,084	)
Lease liability		(15,623	)
		(553,248	)
Fair value of net assets acquired		(214,242	)
Goodwill recorded		299,242
Cash consideration allocated	$	85,000