PROPERTY PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2024

PROPERTY PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

NOTE 6 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	As of
	December 31,			December 31,
	2024			2023
Air conditioner	$	1,124		$	1,124
Computer and software		5,880			3,923
Equipment		65,214			60,412
Furniture and fittings		98,883			100,118
Lab equipment		320,102			320,102
Land and buildings		1,506,969			1,506,969
Motor vehicle		161,148			161,148
Office equipment		37,604			33,914
Renovation		101,137			98,597
Signboard		806			806
Solar PV System		16,935			-
Machinery		190,341			-
*Capital Work In Progress		-			109,509
		2,506,143			2,396,622
(Less): Accumulated depreciation		(756,976	)		(659,115	)
(Less): Accumulated impairment		(40,173	)		-
Add: Foreign translation differences		(186,004	)		(225,889	)
Property, plant and equipment, net	$	1,522,990		$	1,511,618

During the year ended December 31, 2024 and 2023, the Company recorded depreciation of $104,160 and $83,253, respectively.

*includes an amount of $109,509 as explained in Note 14