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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and bank balances $ 314,144 $ 366,038
Fixed deposits placed with financial institutions 469,752 493,038
Other receivables and deposits 13,927 13,057
Tax recoverable 3,040 2,858
Inventories 7,211 7,580
Total current assets 808,074 882,571
NON-CURRENT ASSETS    
Operating lease right of use asset, net 19,596 23,542
Plant and equipment, net 287,625 312,908
Other investment 11,620 12,215
Total non-current assets 318,841 348,665
TOTAL ASSETS 1,126,915 1,231,236
CURRENT LIABILITIES    
Other payables and accrued liabilities 16,592 19,437
Current portion of obligation under finance lease 19,217 20,201
Tax payables 11,546 11,936
Total current liabilities 47,355 51,574
NON-CURRENT LIABILITIES    
Non-current portion of obligation under finance lease 38,169 45,086
Non-current portion of operating lease liability 8,657 12,212
Total non-current liabilities 46,826 57,298
TOTAL LIABILITIES 94,181 108,872
STOCKHOLDERS' EQUITY    
Common stock, no par value, authorized 300,000,000 shares and outstanding 102,730,891 shares and Preferred stock, no par value, 30,000,000 shares authorized and no shares outstanding; as of March 31, 2020 6,484,669 6,484,669
Additional paid in capital (5,011,891) (5,011,891)
Accumulated losses (381,264) (333,311)
Other comprehensive income/(expense) (58,780) (17,103)
TOTAL STOCKHOLDERS' EQUITY 1,032,734 1,122,364
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,126,915 $ 1,231,236