v3.8.0.1

Plant and equipment, net

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment, Net [Abstract]

Plant and equipment, net

Note 10 –Plant and equipment, net

Plant and equipment consisted of the following as of December 31, 2017 and 2016:

		December 31,
		2017			2016
Leasehold land and buildings (Note 9)		$	499		$
Machinery and equipment			2			1
Vehicles and office equipment			23			15
Total			524			16
Less: accumulated depreciation			(13)			(11)
Plant and equipment, net		$	511		$	5

The Company’s leasehold land and buildings are held in Hong Kong under a long lease, and are pledged against the banking facilities of a company whereby Kimmy Lai Ching Luk is a majority shareholder and a director of the company. Depreciation expense for the years ended December 31, 2017, 2016 and 2015 amounted to $2, $3 and $3, respectively.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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- References

No definition available.

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