OTHER INVESTMENTS

12 Months Ended

Dec. 31, 2022

OTHER INVESTMENTS

OTHER INVESTMENTS

NOTE 7 – OTHER INVESTMENTS

	As of			As of
	December 31, 2022			December 31, 2021
As of beginning of the year	$	749,027		$	281,668
Acquisition of business under common control		-			-
Addition during the year		511,706			515,840
Disposal during the year		-			(6,392	)
Written off during the year		(1,776	)		-
Fair value gain		(70,628	)		(29,850	)
Foreign exchange translation		(37,431	)		(12,239	)
As of end of the year	$	1,150,898		$	749,027

The other investments consist of the following shares:

	As of
	December 31,		December 31,
	2022		2021
Investment in quoted shares:
Malaysia		659,970		590,788
Singapore		101,426		97,780
Hong Kong		389,502		58,584
	$	1,150,898	$	747,152
Investment in unquoted shares:
Malaysia		-		1,875
	$	1,150,898	$	749,027