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Note 5 - Plant and Equipment
3 Months Ended
Mar. 31, 2019
Notes  
Note 5 - Plant and Equipment

NOTE 5 - PLANT AND EQUIPMENT

 

 Plant and equipment consisted of the following:

 

 

As of

 

 

March 31,

2019

December 31,

2018

 

 

 

 

 

 

Furniture and fittings

 

$

5,193

 

 $

379

Computer and software

 

 

1,374

 

 

-

Motor vehicle

 

 

113,925

 

 

112,344

Lab equipment

 

 

285,614

 

 

281,651

Office equipment

 

 

1,107

 

 

1,130

Renovation

 

 

2,920

 

 

-

 

 

 

410,133

 

 

395,504

(Less): Accumulated depreciation

 

 

(67,778)

 

 

(56,466)

Add: Foreign translation differences

 

 

2,767

 

 

2,767

 

Plant and equipment, net

 

 

$

345,122

 

 

$

341,805

 

Depreciation expense for the three months’ period ended March 31, 2019 and 2018 were $10,562 and $10,519, respectively.