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OTHER INVESTMENTS
3 Months Ended
Mar. 31, 2022
OTHER INVESTMENTS  
NOTE 8 - OTHER INVESTMENTS

NOTE 8 - OTHER INVESTMENTS

 

 

 

As of

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

As of beginning of the year

 

$749,027

 

 

$281,668

 

Addition during the year

 

 

172,172

 

 

 

515,840

 

Disposal during the year

 

 

-

 

 

 

(6,392)

Fair value loss

 

 

(3,779)

 

 

(29,850)

Foreign exchange translation

 

 

(7,791)

 

 

(12,239)

As of end of the year

 

$909,629

 

 

$749,027

 

 

 The other investments consist of the following shares: 

 

 

 

As of

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Investment in quoted shares:

 

 

 

 

 

 

Malaysia

 

 

690,017

 

 

 

590,788

 

Singapore

 

 

105,615

 

 

 

97,780

 

Hong Kong

 

 

112,140

 

 

 

58,584

 

 

 

$907,772

 

 

$747,152

 

Investment in unquoted shares:

 

 

 

 

 

 

 

 

Malaysia

 

 

1,857

 

 

 

1,875

 

 

 

$909,629

 

 

$749,027