PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2021

PLANT AND EQUIPMENT

NOTE 7 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	As of
	March 31,			December 31,
	2021			2020
Air conditioner	$	1,124		$	1,124
Computer and software		1,371			1,371
Equipment		43,010			42,830
Furniture and fittings		86,961			86,961
Lab equipment		284,822			284,822
Land and buildings		1,506,969			1,506,969
Motor vehicle		137,914			137,914
Office equipment		35,787			35,160
Renovation		107,414			107,414
Signboard		704			704
		2,206,074			2,205,269
(Less): Accumulated depreciation		(473,961	)		(441,541	)
Add: Foreign translation differences		(24,009	)		21,874
Property, plant and equipment, net	$	1,708,104		$	1,785,602

Depreciation expense for the three months’ period ended March 31, 2021 and 2020 were $10,622  and $10,278, respectively.