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PROPERTY, PLANT AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

6. PROPERTY, PLANT AND EQUIPMENT, NET

 

  

As of

June 30, 2024

  

As of

December 31, 2023

 
Computer systems  $269,703   $259,798 
Furniture and fittings   77,864    79,933 
Electrical fittings   9,542    9,808 
Handphone   54,305    51,000 
Office equipment   91,825    93,578 
Renovation   80,844    83,097 
Motor vehicle   354,837    364,726 
Investment property   392,190    403,120 
Total property, plant and equipment  $1,331,110   $1,345,060 
Less: Accumulated depreciation   (830,183)   (824,844)
Total property, plant and equipment, net  $500,927   $520,216 

 

   For six months ended
June 30, 2024
   For the year ended
December 31, 2023
 
Investment in computer systems  $16,895   $17,874 
Investment in furniture and fittings   98    371 
Investment in electrical fittings   -    278 
Investment in handphone   4,673    3,393 
Investment in office equipment   782    6,497 
Investment in renovation   -    4,066 
Investment in investment property   -    - 
Total investment in property and plant  $22,448   $32,479 
           
Depreciation for the period   27,616   $74,429 

 

For the year ended December 31, 2023, the Company acquired an investment property amounted $420,225 financed through loan from director which is unsecured, non-interest bearing and payable on demand and cash in hand.