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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

SCHEDULE OF DEPRECIATION USING STRAIGHT-LINE METHOD

Depreciation is provided to write off the cost less their residual values over their estimated useful lives as follows, using the straight-line method:

 SCHEDULE OF DEPRECIATION USING STRAIGHT-LINE METHOD

Plant and machinery			10 years
Motor vehicles			10 years
Office equipment			5 years

X

- Definition

The useful lives or depreciation rates used for property, plant and equipment.

+ References

No definition available.

+ Details

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