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OTHER INVESTMENTS
6 Months Ended
Jun. 30, 2024
OTHER INVESTMENTS  
OTHER INVESTMENTS

NOTE 7 - OTHER INVESTMENTS

 

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

As of beginning of the period/year

 

$1,699,831

 

 

$1,150,898

 

Addition during the year

 

 

264,768

 

 

 

320,733

 

Disposal during the year

 

 

(283,380)

 

 

(26,146)

Fair value gain

 

 

72,884

 

 

 

313,859

 

Impairment on other investment

 

 

-

 

 

 

(6,194)

Foreign exchange translation

 

 

(46,545)

 

 

(53,319)

As of end of the period/year

 

$1,707,558

 

 

 

1,699,831

 

 

The other investments consist of the following shares:

 

 

 

As of

 

 

 

June 30,

2024

 

 

December 31,

2023

 

Investment in quoted shares:

 

 

 

 

 

 

Malaysia

 

 

1,018,140

 

 

 

1,138,863

 

Singapore

 

 

151,409

 

 

 

79,577

 

Hong Kong

 

 

538,009

 

 

 

481,391

 

 

 

$1,707,558

 

 

$1,699,831