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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and bank balances $ 528,248 $ 659,235
Fixed deposits placed with financial institutions 612,139 601,004
Other receivables and deposits 24,451 22,814
Inventories 5,940 15,301
Total current assets 1,170,778 1,298,354
NON-CURRENT ASSETS    
Plant and equipment, net 330,055 341,805
Other investment 12,070 12,080
TOTAL ASSETS 1,512,903 1,652,239
CURRENT LIABILITIES    
Other payables and accrued liabilities 10,687 11,149
Current portion of obligation under finance lease 19,498 19,128
Tax payables 33,983 32,616
Total current liabilities 64,168 62,893
NON-CURRENT LIABILITIES    
Non-current portion of obligation under finance lease 54,647 62,935
Deferred tax liabilities 4,482 4,485
TOTAL LIABILITIES 123,297 130,313
STOCKHOLDERS' EQUITY    
Common stock, no par value, 300,000,000 shares authorized and 74,627,558 shares outstanding and Preferred stock, no par value, 30,000,000 shares authorized and no shares outstanding, as of June 30, 2019 and December 31, 2018, respectively 6,647,636 6,647,636
Additional paid in capital (5,011,891) (5,011,891)
Accumulated losses (218,707) (86,842)
Other comprehensive income/(expense) (27,432) (26,977)
TOTAL STOCKHOLDERS' EQUITY 1,389,606 1,521,926
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,512,903 $ 1,652,239