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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net (loss) profit $ (153,892) $ 89,427
Adjustments to reconcile net profit/(loss) to net cash generated from/(used in) operating activities:    
Depreciation of property, plant and equipment 31,295 30,772
Operating (loss) profit before working capital changes (122,597) 120,199
Changes in operating assets and liabilities:    
Inventories 3,484 11,182
Other receivables and deposits (3,879) 113,843
Trade and other payables (35,919) (763,091)
Cash used in operating activities (158,911) (517,867)
Cash flows from investing activities:    
Acquisition in other investment (12,075)
Purchase of plant and equipment (5,672) (22,329)
Net cash used in investing activities (5,672) (34,404)
Cash flows from financing activities:    
Repayment of finance lease (13,453)
(Repayments)/Advances from Directors (880) 169
Shares (disposal)/subscriptions (93,000) 1,170,630
Net cash (used in) generated from financing activities (107,333) 1,170,799
Foreign currency translation adjustment (11,174) (41,431)
NET CHANGE IN CASH AND CASH EQUIVALENTS (283,090) 577,097
CASH AND CASH EQUIVALENTS,BEGINNING OF FINANCIAL YEAR 1,260,239 839,145
CASH AND CASH EQUIVALENTS, END OF FINANCIAL YEAR 977,149 1,416,242
CASH AND CASH EQUIVALENTS INFORMATION:    
Fixed deposits placed with financial institutions 606,633 806,457
Cash at bank 370,516 609,785
Cash and cash equivalents, end of financial year 977,149 1,416,242
Supplementary cash flow information:    
Interest paid (2,295) (3,370)
Income taxes refund/(paid) $ (4,137)