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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and bank balances $ 366,038 $ 659,235
Fixed deposits placed with financial institutions 493,038 601,004
Other receivables and deposits 13,057 22,814
Tax Recoverable 2,858 0
Inventories 7,580 15,301
Total current assets 882,571 1,298,354
NON-CURRENT ASSETS    
Operating lease right of used asset, net 23,542  
Plant and equipment, net 312,908 341,805
Other investment 12,215 12,080
Total non-current assets 348,665 353,885
TOTAL ASSETS 1,231,236 1,652,239
CURRENT LIABILITIES    
Other payables and accrued liabilities 19,437 11,149
Current portion of obligation under finance lease 20,201 19,128
Current portion of operating lease liability 11,936
Tax payables 0 32,616
Total current liabilities 51,574 62,893
NON-CURRENT LIABILITIES    
Non-current portion of operating lease liability 12,212
Non-current portion of obligation under finance lease 45,086 62,935
Deferred tax liabilities 4,485
Total non-current liabilities 57,298 67,420
TOTAL LIABILITIES 108,872 130,313
STOCKHOLDERS' EQUITY    
As at December 31, 2019, common stock, no par value; 300,000,000 shares authorized and 102,730,891 shares outstanding, and preferred stock, no par value; 30,000,000 shares authorized and no shares outstanding. As at December 31, 2018, common stock, no par value; 300,000,000 shares authorized and 74,627,558 shares outstanding, and preferred stock, no par value; 30,000,000 shares authorized and no shares outstanding. 6,484,669 6,647,636
Additional paid in capital (5,011,891) (5,011,891)
Accumulated losses (333,311) (86,842)
Other comprehensive expense (17,103) (26,977)
TOTAL STOCKHOLDERS' EQUITY 1,122,364 1,521,926
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,231,236 $ 1,652,239