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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of principal annual rates

 

Categories

 

Principal Annual Rates/Expected Useful Life

 

Furniture & fittings

 

20

%

Computer and software

 

33

%

Motor vehicle

 

10

%

Lab Equipment

 

10

%

Office equipment

 

20

%

Renovation

 

20

%

 

Schedule of exchange rates

Translation of amounts from the local currency of the Company into US$1 has been made at the following exchange rates for the respective years:

 

 

September 30,

2019

 

December 31,

2018

 

Year-end US$1 : MYR exchange rate

 

4.187

 

4.1391

 

 

January 1, 2019 To

September 30,

2019

 

January 1, 2018 To

September 30,

2018

 

9 months average US$1 : MYR exchange rate

 

4.139

 

3.992