Fintech Scion (FINR) 10-Q/A 7 Jul 20 2020 Q1 Quarterly report (amended) Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2020	Jun. 18, 2020
Document And Entity Information
Entity Registrant Name	Vitaxel Group Ltd
Entity Central Index Key	0001623590
Document Type	10-Q/A
Document Period End Date	Mar. 31, 2020
Amendment Flag	true
Amendment Description	EXPLANATORY NOTE This Amendment No. 1 to our Quarterly Report on Form 10-Q filed June 22, 2020 (the “Original Report”) is being filed to amend the disclosures on page 13, thereby including the information below regarding our reliance on the SEC’s conditional exemptive orders issued in response to the COVID-19 pandemic. With the exception of the additional disclosures set forth below, all disclosures contained in the Original Report are unchanged. On April 22, 2020, Vitaxel Group Ltd. (the “Company”) filed a Current Report on Form 8-K, and is filing this Quarterly Report on Form 10-Q, in reliance on the Order of the Securities and Exchange Commission dated March 4, 2020, as modified March 25, 2020, pursuant to Section 36 of the Securities Exchange Act of 1934 modifying exemptions from the reporting and proxy delivery requirements for public companies (Release No. 34-88465). The preparation of the Company’s 10-Q, including financial statements and completion of the auditing process, was delayed by government-imposed quarantines, office closures and travel restrictions, which affected both the Company’s and its service provider’s personnel. In our previously Form 8-K, filed April 22, 2020, we announced that in connection with the COVID-19 pandemic, the Malaysian government has enforced a Movement Control Order (the “MCO”) effective March 18, 2020, closing all offices within the country that are non-essential forcing all of the Company’s staff to work from home. Subsequently, the MCO was replaced with the Conditional Movement Control Order on May 4, 2020 easing restrictions on most of Malaysia’s economic sectors until June 9, 2020. The Company opened its offices, but on an alternative day basis allowing staff to work on the Company’s backlogs. Afterwards, the Malaysian government announced the Recovery Movement Control Order beginning on June 10 and lasting till August 31, 2020, allowing most business to reopen and further eases COVID regulations on the country’s list of restricted activities. The Company’s management will continue to monitor the situation in Malaysia and ensure compliance towards enforced control order. Due to the uncertainties surrounding the economy in Malaysia and the enforcement of movement control, amid relaxed restrictions, at the time of issuance of this Report on Form 10-Q, the Company is unable to reasonably estimate the full extent of the impact of COVID-19 pandemic on its future business, financial conditions, and results of operations. Except as described above, this Amendment does not modify or update the disclosures presented in, or exhibits to, the Original Form 10-Q in any way. This Amendment speaks as of the date of the Original Form 10-Q and does not reflect events that may have occurred subsequent to the original filing date.
Current Fiscal Year End Date	--12-31
Entity's Reporting Status Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entity File Number	333-201365
Entity Incorporation, State or Country Code	NV
Entity Common Stock, Shares Outstanding		54,087,903
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 49,368	$ 63,436
Amount due from related parties	4,979	5,132
Inventories	18,755	17,450
Other receivables, prepayments and other current assets	21,553	30,559
Total current assets	94,655	116,577
Non-current assets
Property, plant and equipment, net	54,061	62,221
Total non-current assets	54,061	62,221
TOTAL ASSETS	148,716	178,798
CURRENT LIABILITIES
Amounts due to related parties	4,266,622	4,372,856
Commission payables	126,898	133,743
Accounts payable	987	154
Accrued expense and other payables	314,769	340,112
Total current liabilities	4,709,276	4,846,865
TOTAL LIABILITIES	4,709,276	4,846,865
Commitments and Contingencies (Note 7(1))
STOCKHOLDERS' EQUITY
Preferred stock par value $0.0001: 1,000,000 shares authorized; and 0 outstanding
Common stock par value $0.0001: 70,000,000 shares authorized; 54,087,903 and 54,087,903 shares issued and outstanding, respectively	5,409	5,409
Additional paid-in capital	4,749,798	4,749,798
Accumulated deficit	(9,710,525)	(9,587,918)
Accumulated other comprehensive income	394,758	164,644
Total stockholders' equity	(4,560,560)	(4,668,067)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 148,716	$ 178,798

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	70,000,000	70,000,000
Common stock, issued	54,087,903	54,087,903
Common stock, outstanding	54,087,903	54,087,903
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized	1,000,000	1,000,000
Preferred stock, outstanding	0	0

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
REVENUE	$ 12,895	$ 14,515
COST OF REVENUE	(10,658)	(9,457)
GROSS PROFIT	2,237	5,058
OPERATING EXPENSES
Selling expense	(434)	(34)
General and administrative expenses	(238,387)	(286,844)
Total Operating Expenses	(238,821)	(286,878)
LOSS FROM OPERATIONS	(236,584)	(281,820)
OTHER INCOME/(EXPENSE), NET
Other Income	120,298	126,495
Other Expense	(6,321)	(1,502)
Total other income, net	113,977	124,993
Net loss	(122,607)	(156,827)
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustment	230,114	(47,828)
TOTAL COMPREHENSIVE INCOME/(LOSS)	$ 107,507	$ (204,655)
Weighted average number of common shares outstanding - basic and diluted	54,087,903	54,087,903
Net loss per share - Basic and diluted	$ 0	$ 0

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (122,607)	$ (156,827)
Items not involving cash:
Depreciation - property and equipment	6,819	8,766
Property, plant and equipment written off		2,224
Changes in operating assets and liabilities
Accounts receivable		(14,220)
Other receivables, prepayments and other current assets	9,006	16,330
Inventories	(1,305)	1,294
Accounts Payable	833	(9,323)
Commission payables	(6,845)	(549)
Accrued expense and other payables	(25,343)	(22,226)
Net cash used in from operating activities	(139,442)	(174,531)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(1,729)	(11,230)
Net cash used in investing activities	(1,729)	(11,230)
CASH FLOWS FROM FINANCING ACTIVITIES
(Repayments to) / Proceeds from related parties	148,310	(737,114)
Net cash provided by (used in) financing activities	148,310	(737,114)
EFFECT OF EXCHANGE RATES ON CASH	(21,207)	9,234
NET CHANGE IN CASH AND CASH EQUIVALENTS	(14,068)	(913,641)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	63,436	1,004,397
CASH AND CASH EQUIVALENTS, END OF PERIOD	49,368	90,756
SUPPLEMENTAL OF CASH FLOW INFORMATION
Cash paid for interest expenses
Cash paid for income tax

ORGANIZATION AND BUSINESS

ORGANIZATION AND BUSINESS	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS	1. ORGANIZATION AND BUSINESS Vitaxel Group Limited (the “Company” or “Vitaxel”), incorporated in Nevada, is engaged in direct selling industry and online shopping platform primarily through its operating entities in Malaysia. Vitaxel SDN BHD (“Vitaxel SB”), was incorporated in Malaysia on August 10, 2012. Vitaxel SB is primarily engaged in the direct selling industry utilizing a multi-level marketing model with an emphasis on travel, entertainment and lifestyle products and services. Vitaxel Online Mall SDN BHD (“Vionmall”), was incorporated in Malaysia on September 22, 2015. Vionmall is primarily engaged in developing online shopping platforms geared to Vitaxel and its members and the third-party suppliers of products and services.

UNAUDITED INTERIM FINANCIAL STA

UNAUDITED INTERIM FINANCIAL STATEMENTS	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
UNAUDITED INTERIM FINANCIAL STATEMENTS	2. UNAUDITED INTERIM FINANCIAL STATEMENTS The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information under Article 8 of Regulation S-X. They do not include all information and foot notes required by U.S. GAAP for complete financial statements. Except as disclosed herein, there have been no material changes in the information disclosed in the notes to the consolidated financial statement for the year ended December 31, 2019, included in the Company’s Form 10-K filed with the Security and Exchange Commission (“SEC”). The interim unaudited consolidated financial statements should be read in conjunction with those audited consolidated financial statements included in Form 10-K. In the opinion of management, the Company has made all adjustments necessary to present a fair statement of the financial position as of March 31, 2020, results of operations for the three months ended March 31, 2020 and 2019, and cash flows for the three months ended March 31, 2020 and 2019. All significant intercompany transactions and balances are eliminated on consolidation. The results of operations for the three months ended March 31, 2020 are not necessarily indicative of the results of operations for the entire fiscal year. Recently issued accounting pronouncements In August 2018, the FASB issued ASU 2018-13, Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement In December 2019, the FASB issued ASU2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA, and the SEC did not, or are not believed by management, to have a material impact on the Company’s present and future consolidated financial statements. Reclassification:

GOING CONCERN

GOING CONCERN	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	3. GOING CONCERN These unaudited consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future. For the period ended March 31, 2020, the Company reported a net loss of $122,607 and had negative working capital of $4,614,621. The Company had an accumulated deficit of $9,710,525 as of March 31, 2020 due to the fact that the Company incurred losses during the years prior to March 31, 2020. The continuation of the Company as a going concern is dependent upon improving the profitability and the continuing financial support from its stockholders or other capital sources. Management believes that the continuing financial support from the existing shareholders or external debt financing will provide the additional cash to meet the Company’s obligations as they become due. There is no certainty that further funding will be available as needed. These factors raise substantial doubt about the ability of the Company to continue operating as a going concern. In March 2020 the World Health Organization declared coronavirus COVID-19 a global pandemic. This contagious disease outbreak, which has continued to spread, and any related adverse public health developments, has adversely affected workforces, economies, and financial markets globally, potentially leading to an economic downturn. The impact on the Company is not currently determinable but management continues to monitor the situation. These consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of the Company’s ability to continue as a going concern.

OTHER RECEIVABLES, PREPAYMENTS

OTHER RECEIVABLES, PREPAYMENTS AND OTHER ASSETS	3 Months Ended
	Mar. 31, 2020
Other Receivables And Other Assets
OTHER RECEIVABLES, PREPAYMENTS AND OTHER ASSETS	4. OTHER RECEIVABLES, PREPAYMENTS AND OTHER CURRENT ASSETS Other receivables, prepayments and other current assets consist of the following: March 31, 2020 December 31, 2019 Deposits (1) $ 15,936 $ 20,824 Prepayments (2) 5,617 9,203 Others (3) — 532 $ 21,553 $ 30,559 (1) Deposits represented payments for rental and utilities. (2) Prepayments mainly consists of prepayment for insurance and IT related fees. (3) Others mainly consists other miscellaneous payments

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment, Net [Abstract]
PROPERTY AND EQUIPMENT, NET	5. PROPERTY AND EQUIPMENT, NET Property and equipment, net consist of the following: March 31, 2020 December 31, 2019 Office equipment $ 27,027 $ 28,100 Computer equipment 97,677 101,614 Furniture and fittings 7,706 8,123 Software and website 15,738 16,589 148,148 154,426 Less: Accumulated depreciation (94,087 ) (92,205 ) Balance at end of period/year $ 54,061 $ 62,221 Depreciation expenses charged to the statements of operations and comprehensive loss for the periods ended March 31, 2020 and 2019 were $6,819 and $8,766 respectively.

ACCRUED EXPENSE AND OTHER PAYAB

ACCRUED EXPENSE AND OTHER PAYABLES	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
ACCRUED EXPENSE AND OTHER PAYABLES	6. ACCRUED EXPENSE AND OTHER PAYABLES Accrued expense and other payables consist of the following: March 31, 2020 December 31, 2019 Provisions and accruals $ 27,277 $ 38,224 Others (1) 287,492 301,888 Balance at end of period/year $ 314,769 $ 340,112 (1) Other payables mainly consist of members allocated redemption points for commissions.

RELATED PARTIES TRANSACTIONS

RELATED PARTIES TRANSACTIONS	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTIES TRANSACTIONS	7. RELATED PARTY BALANCES AND TRANSACTIONS March 31, 2020 December 31, 2019 Amount due from related parties Ho Wah Genting Berhad (1) $ 4,979 $ 5,132 Total Amount due from related parties $ 4,979 $ 5,132 Amount of due to related parties Grande Legacy Inc. (2) 4,266,622 4,372,855 Total Amount due to related parties $ 4,266,622 $ 4,372,855 The related party balances are unsecured, interest-free and repayable on demand. (1) The President of the Company, Dato’ Lim Hui Boon, is also the Group President of Ho Wah Genting Berhad (“HWGB”), a company listed in Bursa Malaysia Main Market. The Company recognized rent expenses of $nil and $5,135 to HWGB for the three months ended March 31, 2020 and 2019 respectively. During the year ended December 31, 2019, the Company has mutually agreed to terminate the lease with HWGB. (2) A director of the Company, Leong Yee Ming, is also a director of Grande Legacy Inc. (“GL”). The Company recognized management fee income of $120,000 and $120,000 charged to GL for the three months ended March 31, 2020 and 2019 respectively. The Company also recognized royalty income of $298 and $8,269 charged to GL for the three months ended March 31, 2020 and 2019 respectively. The Company billed GL for product sales of $10,833 and $nil for the three months ended March 31, 2020 and 2019 respectively. (3) Total payment made in the form of compensation, which includes salary, bonus, stock awards and all other compensation have been made to the following officers of the Company: March 31, 2020 March 31, 2019 Dato’ Lim Hui Boon $ — $ 40,000 Lim Wee Kiat 12,914 12,470 Leong Yee Ming 12,197 13,203 $ 25,111 $ 65,673

OTHER RECEIVABLES, PREPAYMENT_2

OTHER RECEIVABLES, PREPAYMENTS AND OTHER ASSETS (Tables)	3 Months Ended
	Mar. 31, 2020
Other Receivables And Other Assets
Schedule of Other receivables, prepayments and other assets	Other receivables, prepayments and other current assets consist of the following: March 31, 2020 December 31, 2019 Deposits (1) $ 15,936 $ 20,824 Prepayments (2) 5,617 9,203 Others (3) — 532 $ 21,553 $ 30,559 (1) Deposits represented payments for rental and utilities. (2) Prepayments mainly consists of prepayment for insurance and IT related fees. (3) Others mainly consists other miscellaneous payments

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment, Net [Abstract]
Schedule of property, plant and equipment, net	Property and equipment, net consist of the following: March 31, 2020 December 31, 2019 Office equipment $ 27,027 $ 28,100 Computer equipment 97,677 101,614 Furniture and fittings 7,706 8,123 Software and website 15,738 16,589 148,148 154,426 Less: Accumulated depreciation (94,087 ) (92,205 ) Balance at end of period/year $ 54,061 $ 62,221

ACCRUED EXPENSE AND OTHER PAY_2

ACCRUED EXPENSE AND OTHER PAYABLES (Tables)	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
Schedule of Accrued expense and other payables	Accrued expense and other payables consist of the following: March 31, 2020 December 31, 2019 Provisions and accruals $ 27,277 $ 38,224 Others (1) 287,492 301,888 Balance at end of period/year $ 314,769 $ 340,112 (1) Other payables mainly consist of members allocated redemption points for commissions.

RELATED PARTIES TRANSCTIONS (Ta

RELATED PARTIES TRANSCTIONS (Tables)	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Schedule of related party transactions	March 31, 2020 December 31, 2019 Amount due from related parties Ho Wah Genting Berhad (1) $ 4,979 $ 5,132 Total Amount due from related parties $ 4,979 $ 5,132 Amount of due to related parties Grande Legacy Inc. (2) 4,266,622 4,372,855 Total Amount due to related parties $ 4,266,622 $ 4,372,855 The related party balances are unsecured, interest-free and repayable on demand. (1) The President of the Company, Dato’ Lim Hui Boon, is also the Group President of Ho Wah Genting Berhad (“HWGB”), a company listed in Bursa Malaysia Main Market. The Company recognized rent expenses of $nil and $5,135 to HWGB for the three months ended March 31, 2020 and 2019 respectively. During the year ended December 31, 2019, the Company has mutually agreed to terminate the lease with HWGB. (2) A director of the Company, Leong Yee Ming, is also a director of Grande Legacy Inc. (“GL”). The Company recognized management fee income of $120,000 and $120,000 charged to GL for the three months ended March 31, 2020 and 2019 respectively. The Company also recognized royalty income of $298 and $8,269 charged to GL for the three months ended March 31, 2020 and 2019 respectively. The Company billed GL for product sales of $10,833 and $nil for the three months ended March 31, 2020 and 2019 respectively. (3) Total payment made in the form of compensation, which includes salary, bonus, stock awards and all other compensation have been made to the following officers of the Company: March 31, 2020 March 31, 2019 Dato’ Lim Hui Boon $ — $ 40,000 Lim Wee Kiat 12,914 12,470 Leong Yee Ming 12,197 13,203 $ 25,111 $ 65,673

ORGANIZATION AND BUSINESS (Deta

ORGANIZATION AND BUSINESS (Details Narrative)	3 Months Ended
	Mar. 31, 2020
Vitaxel Online Mall SDN BHD [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Date of incorporation	Sep. 22, 2015
State of incorporation	Malaysia
Vitaxel SDN BHD [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Date of incorporation	Aug. 10, 2012
State of incorporation	Malaysia

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ (122,607)	$ (156,827)
Negative working capital	(4,614,621)
Accumulated deficit	$ (9,710,525)		$ (9,587,918)

OTHER RECEIVABLES, PREPAYMENT_3

OTHER RECEIVABLES, PREPAYMENTS AND OTHER ASSETS (Details) - USD ($)		Mar. 31, 2020	Dec. 31, 2019
Other Receivables And Other Assets
Deposits	[1]	$ 15,936	$ 20,824
Prepayments	[2]	5,617	9,203
Others	[3]		532
Total other receivables and other assets		$ 21,553	$ 30,559
[1]	Deposits represented payments for rental and utilities.
[2]	Prepayments mainly consists of prepayment for insurance and IT related fees.
[3]	Others mainly consists other miscellaneous payments

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Balance at beginning of period/year	$ 148,148	$ 154,426
Less: Accumulated depreciation	(94,087)	(92,205)
Balance at end of period/year	54,061	62,221
Furniture and fittings [Member]
Property, Plant and Equipment [Line Items]
Balance at beginning of period/year	7,706	8,123
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Balance at beginning of period/year	27,027	28,100
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Balance at beginning of period/year	97,677	101,614
Software and Website [Member]
Property, Plant and Equipment [Line Items]
Balance at beginning of period/year	$ 15,738	$ 16,589

PROPERTY AND EQUIPMENT, NET (_2

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Property, Plant and Equipment, Net [Abstract]
Depreciation expenses	$ 6,819	$ 8,766

ACCRUED EXPENSE AND OTHER PAY_3

ACCRUED EXPENSE AND OTHER PAYABLES (Details) - USD ($)		Mar. 31, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Provisions		$ 27,277	$ 38,224
Others	[1]	287,492	301,888
Balance at end of period/year		$ 314,769	$ 340,112
[1]	Other payables mainly consist of members allocated redemption points for commissions.

RELATED PARTIES TRANSCTIONS (De

RELATED PARTIES TRANSCTIONS (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Amount of due from related parties	$ 4,979	$ 5,132
Ho Wah Genting Berhad [Member]
Amount of due from related parties	$ 4,979	$ 5,132

RELATED PARTIES TRANSCTIONS (_2

RELATED PARTIES TRANSCTIONS (Details 1) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Amount due to related parties	$ 4,266,622	$ 4,372,856
Grande Legacy Inc [Member]
Amount due to related parties	$ 4,266,622	$ 4,372,855

RELATED PARTIES TRANSCTIONS (_3

RELATED PARTIES TRANSCTIONS (Details 2) - USD ($)	Mar. 31, 2020	Mar. 31, 2019
Amount due from director	$ 25,111	$ 65,673
Dato Lim Hui Boon [Member]
Amount due from director		40,000
Lim Wee Kiat [Member]
Amount due from director	12,914	12,470
Leong Yee Ming [Member]
Amount due from director	$ 12,197	$ 13,203

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Ho Wah Genting Berhad [Member]
Rent expenses	$ 0	$ 5,135
Grande Legacy Inc [Member]
Royalty income	298	8,269
Management fee income	120,000	120,000
Product sales	$ 10,833	$ 0