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PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE—5 PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment consisted of the following:

 

  June 30, 2020   December 31, 2019
  (Unaudited)   (Audited)
At cost:          
Service yacht $ 349,481   $ 354,568
Motor vehicle   20,691     18,164
Less: accumulated depreciation   (124,050)     (107,192)
  $ 246,122  

$

265,540

 

Depreciation expense for the three months ended June 30, 2020 and 2019 were $9,195 and $0, respectively.

 

Depreciation expense for the six months ended June 30, 2020 and 2019 were $18,489 and $0, respectively.