XML 22 R11.htm IDEA: XBRL DOCUMENT v3.20.2
PLANT AND EQUIPMENT
9 Months Ended
Sep. 30, 2020
PLANT AND EQUIPMENT  
NOTE 5 - PLANT AND EQUIPMENT

Plant and equipment consisted of the following:

 

 

 

As of

 

 

 

September 30,

2020

 

 

December 31,

2019

 

Furniture and fittings

 

$

5,617

 

 

$

5,617

 

Computer and software

 

 

1,372

 

 

 

1,372

 

Motor vehicle

 

 

112,344

 

 

 

112,344

 

Lab equipment

 

 

281,651

 

 

 

281,651

 

Office equipment

 

 

1,091

 

 

 

1,091

 

Renovation

 

 

2,916

 

 

 

2,916

 

 

 

 

404,991

 

 

 

404,991

 

(Less): Accumulated depreciation

 

 

(128,786

)

 

 

(98,219

)

Add: Foreign translation differences

 

 

661

 

 

 

6,136

 

Plant and equipment, net

 

$

276,866

 

 

$

312,908

 

 

Depreciation expense for the six month periods ended September 30, 2020 and 2019 was $30,567 and $31,295, respectively.