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OTHER INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2022
OTHER INVESTMENTS  
Schedule of Other Investments

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

As of beginning of the year

 

$749,027

 

 

$281,668

 

Addition during the year

 

 

404,793

 

 

 

515,840

 

Disposal during the year

 

 

-

 

 

 

(6,392 )

Fair value loss

 

 

(63,202 )

 

 

(29,850 )

Foreign exchange translation

 

 

(51,908 )

 

 

(12,239 )

As of end of the year

 

$1,038,710

 

 

$749,027

 

 The other investments consist of the following shares: 

 

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2020

 

Investment in quoted shares:

 

 

 

 

 

 

Malaysia

 

 

660,329

 

 

 

590,788

 

Singapore

 

 

92,763

 

 

 

97,780

 

Hong Kong

 

 

283,846

 

 

 

58,584

 

 

 

$1,036,938

 

 

$747,152

 

Investment in unquoted shares:

 

 

 

 

 

 

 

 

Malaysia

 

 

1,772

 

 

 

1,875

 

 

 

$1,038,710

 

 

$749,027