PROPERTY PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2022

PROPERTY PLANT AND EQUIPMENT

NOTE 7 - PROPERTY, PLANT AND EQUIPMENT

NOTE 7 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	As of
	March 31,			December 31,
	2022			2021
Air conditioner	$	1,124		$	1,124
Computer and software		1,814			1,814
Equipment		43,010			43,010
Furniture and fittings		86,961			86,961
Lab equipment		317,013			284,822
Land and buildings		1,506,969			1,506,969
Motor vehicle		137,914			137,914
Office equipment		37,700			37,700
Renovation		107,414			107,414
Signboard		704			704
		2,240,623			2,208,432
(Less): Accumulated depreciation		(547,939	)		(525,631	)
Add: Foreign translation differences		(64,343	)		(48,383	)
Property, plant and equipment, net	$	1,628,341		$	1,634,418

Depreciation expense for the three months’ period ended March 31, 2022 and 2021 were $22,307 and $10,622 respectively.