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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and bank balances $ 264,519 $ 366,038
Fixed deposits placed with financial institutions 422,684 493,038
Other receivables and deposits 13,847 13,057
Tax recoverable 0 2,858
Inventories 19,165 7,580
Total current assets 720,215 882,571
NON-CURRENT ASSETS    
Operating lease right of use asset, net 14,258 23,542
Plant and equipment, net 276,866 312,908
Other investment 1,880 12,215
Total non-current assets 293,004 348,665
TOTAL ASSETS 1,013,219 1,231,236
CURRENT LIABILITIES    
Other payables and accrued liabilities 6,452 19,437
Current portion of obligation under finance lease 19,886 20,201
Current portion of operating lease liability 11,152 11,936
Tax payables 673 0
Total current liabilities 38,163 51,574
NON-CURRENT LIABILITIES    
Non-current portion of obligation under finance lease 39,500 45,086
Non-current portion of operating lease liability 3,966 12,212
Total non-current liabilities 43,466 57,298
TOTAL LIABILITIES 81,629 108,872
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 (507,836) (333,311)
Other comprehensive expense (33,352) (17,103)
TOTAL STOCKHOLDERS' EQUITY 931,590 1,122,364
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,013,219 $ 1,231,236