XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and bank balances $ 250,133 $ 366,038
Fixed deposits placed with financial institutions 478,357 493,038
Other receivables and deposits 13,166 13,057
Tax recoverable 0 2,858
Inventories 21,097 7,580
Total current assets 762,753 882,571
NON-CURRENT ASSETS    
Operating lease right of use asset, net 16,645 23,542
Plant and equipment, net 279,018 312,908
Other investment 1,825 12,215
Total non-current assets 297,488 348,665
TOTAL ASSETS 1,060,241 1,231,236
CURRENT LIABILITIES    
Trade payables 934 0
Other payables and accrued liabilities 14,488 19,437
Current portion of obligation under finance lease 19,316 20,201
Current portion of operating lease liability 11,540 11,936
Tax payables 174  
Total current liabilities 46,452 51,574
NON-CURRENT LIABILITIES    
Non-current portion of obligation under finance lease 38,366 45,086
Non-current portion of operating lease liability 5,740 12,212
Total non-current liabilities 44,106 57,298
TOTAL LIABILITIES 90,558 108,872
STOCKHOLDERS' EQUITY    
Common stock, no par value, authorized 300,000,000 shares and outstanding 102,730,891 shares; Preferred stock, no par value, 30,000,000 shares authorized and no shares outstanding 6,484,669 6,484,669
Additional paid in capital (5,011,891) (5,011,891)
Accumulated losses (447,801) (333,311)
Other comprehensive expense (55,294) (17,103)
TOTAL STOCKHOLDERS' EQUITY 969,683 1,122,364
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,060,241 $ 1,231,236