XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 412,596 $ 559,119
Amount due from related party 331,342
Deposits paid, prepayments and other receivables 56,973 63,119
Income Tax receivables 6,652
Total current assets 476,221 953,580
NON-CURRENT ASSETS    
Plant and equipment, net 3,525 11,324
Operating right-of-use assets 222,142 350,984
TOTAL ASSETS 701,888 1,315,888
CURRENT LIABILITIES    
Accounts payable 28,638
Accrued liabilities, other payable and deposits received 262,190 251,135
Amount due to a director 27,054 29,174
Amount due to the related parties 2,063,187 1,808,441
Deferred revenues 2,754 111,388
Income tax payable 21,348
Operating lease liabilities, current portion 170,435 184,928
Total current liabilities 2,525,620 2,435,052
NON-CURRENT LIABILITIES    
Operating lease liabilities, non-current portion 51,248 169,616
TOTAL LIABILITIES 2,576,868 2,604,668
STOCKHOLDERS’ DEFICIT    
Preferred stocks, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding
Common stocks, $0.0001 par value, 600,000,000 shares authorized, 119,956,826 and 119,956,826 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 11,996 11,996
Additional paid-in capital 1,444,308 1,384,907
Accumulated other comprehensive gain (loss) 124,547 (107,503)
Accumulated deficit (3,455,831) (2,578,180)
TOTAL STOCKHOLDERS’ DEFICIT (1,874,980) (1,288,780)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 701,888 $ 1,315,888