UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~September~~March 3031, ~~2017~~ 2018

☐

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ~~_____________________~~___________________________ to ~~to_____________________~~___________________________

Commission file number 333-199965

HO WAH GENTING GROUP LIMITED (Exact name of registrant as specified in its charter)

(Exact name of registrant as specified in its charter)

Nevada		47-1662242
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

Wisma Ho Wah Genting, No. 35, Jalan Maharajalela, 50150 Kuala Lumpur, Malaysia	~~N/A~~	N/A
(Address of principal executive offices)	~~(Zip Code)~~	(Zip Code)
Registrant’s telephone number, including area code		+ 603 – 2148 -1089

Registrant’s telephone number, including area code + 603-2141-6422

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

☒ Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

☐ Yes ☒ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐☒ Non-accelerated filer ☐ (Do not check if a smaller reporting company) Smaller reporting company ☒☐ Emerging ~~Growth~~growth ~~Company~~company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). ☐ Yes ☒ No

~~☐ Yes ☒~~ As of May 7, 2018, the Registrant has 500,027,774 shares Noof common stock outstanding.

As of November 14, 2017, the Registrant has 500,027,774 shares of common stock outstanding.

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION	F-2
ITEM 1. FINANCIAL STATEMENTS	F-2
CONSOLIDATED BALANCE SHEETS	F-3
CONSOLIDATED STATEMENTS OF OPERATIONS	F-4
CONSOLIDATED STATEMENTS OF CASH FLOWS	F-5
NOTES TO FINANCIAL STATEMENTS	F-6
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	2
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	5
ITEM 4. CONTROLS AND PROCEDURES	6
PART II – OTHER INFORMATION	6
ITEM 1. LEGAL PROCEEDINGS	6
ITEM 1A. RISK FACTORS	6
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	6
ITEM 3. DEFAULTS UPON SENIOR SECURITIES	614
ITEM 4. MINE SAFETY DISCLOSURES	714
ITEM 5. OTHER INFORMATION	714
ITEM 6. EXHIBITS	715
SIGNATURES	816

F- 1

PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

HO WAH GENTING GROUP LIMITED

CONSOLIDATED FINANCIAL STATEMENTS

For the ~~nine~~three months ended ~~September~~March 3031, ~~2017~~2018

CONTENTS:
Consolidated Balance Sheets as of September 30, 2017 (unaudited) and December 31, 2016	F-3
Consolidated Balance Sheets as of March 31, 2018 (unaudited) and December 31, 2017	F-3
Consolidated Statement of Income & Other Comprehensive Income for the three and nine months ended September 30, 2017 and 2016 (unaudited)	F-4
Consolidated Statement of Income & Other Comprehensive Income for the three months ended March 31, 2018 and 2017 (unaudited)	F-4
Consolidated Statements of Cash Flows for the nine months ended September 30, 2017 and 2016 (unaudited)	F-5
Consolidated Statements of Cash Flows for the three months ended March 31, 2018 and 2017 (unaudited)	F-5
Notes to the interim Financial Statements (unaudited)	F-6
Notes to the Consolidated Financial Statements (unaudited)	F-6

F- 2

HO WAH GENTING GROUP LIMITED

CONSOLIDATED BALANCE SHEETS

(Stated in US Dollars)

	As of September 30, 2017 (unaudited)			As of December 31, 2016
	As of			As of
	March 31,			December 31,
	2018 (unaudited)			2017 (Audited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	~~142~~943,~~965~~251		$	~~363~~335,~~015~~591
Account receivables		200,384			—
Account Receivable, net		142,565			19,642
Other receivables, deposits and prepayment		1469,~~950,295~~239			~~747~~205,~~551~~204
Amount due from related parties		910,945			1,152,014
Amount due from related party		967,936			424,413
Amount due from a director		8			23,503
Short-term investments		930,017			2,544,644
Short-term investments		13,457			12,660
Total Current Assets		3,453,008			3,529,494
Total Current Assets		3,218,054			2,298,743
PROPERTY AND EQUIPMENT, NET		93,955			91,793
PROPERTY AND EQUIPMENT, NET		64,644			60,064
TOTAL ASSETS	$	3,546,963		$	3,621,287
TOTAL ASSETS	$	3,282,698		$	2,358,807
LIABILITIES AND STOCKHOLDERS’ DEFICIT
CURRENT LIABILITIES
Other payables		4,060,553			2,440,117
Other payables and accrued expenses	$	5,884,476		$	4,729,249
Accruals		—			4,454
Amounts due to related party		844,250			109,255
Amounts due to related parties		287,053			266,807
Total Current Liabilities	$	6,728,726		$	4,838,504
Total Current Liabilities		4,347,606			2,711,378
Total Liabilities	$	6,728,726		$	4,838,504
Total Liabilities		4,347,606			2,711,378
Commitments and Contingency (Note 10)
STOCKHOLDERS’ DEFICIT
STOCKHOLDERS’ EQUITY
Common stock (Par value of $0.0002: 750,000,000 shares authorized; and 500,027,774 shares issued and outstanding as of September 30, 2017 and December 31, 2016)		100,006			100,006
Common stock (Par value of $0.0002: 750,000,000 shares authorized; 500,027,774 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively)		100,006			100,006
Additional paid in capital		302,166			302,166
Accumulated deficit		(13,~~202~~125,~~810~~860	)		(~~533~~1,~~282~~215,994	)
Accumulated other comprehensive loss		(245,112	)		(221,461	)
Non-controlling interest		(91,279	)		(68,101	)
Equity attributable to equity holders of the parent		(1,045,750	)		(352,571	)
Accumulated other comprehensive loss		(366,796	)		(335,294	)
Non-controlling interests		(19,158	)		—
Total Stockholders’ Equity		(3,181,763	)		(1,217,217	)
Total Stockholders’ Equity (Deficit)		(1,064,908	)		(352,571	)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	3,546,963		$	3,621,287
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	3,282,698		$	2,358,807

The accompanying notes are an integral part of ~~these~~the ~~interim~~consolidated financial statements.

F- 3

HO WAH GENTING GROUP LIMITED

CONSOLIDATED STATEMENTS OF ~~INCOME~~ OPERATIONS AND COMPREHENSIVE LOSS

(~~In U.S. dollars~~UNAUDITED)

(Unaudited)

	For the Three Months Ended March 31,
	2018			2017

REVENUE	$	125,486		$	56,154

COST OF REVENUE		(93,892	)		(31,585	)

GROSS PROFIT		31,594			24,569

OPERATING EXPENSES
Administrative expenses		(337,616	)		(179,451	)
Total Operating Expenses		(337,616	)		(179,451	)

LOSS FROM OPERATIONS		(306,022	)		(154,882	)

OTHER (EXPENSES) INCOME, NET
Gain (loss) on disposal of short-term investments		26,469			—
Fair value gain/(loss) on short-term investments		(1,647,803	)		—
Interest income		1,312			313
Other operating expenses		(282	)		(18,643	)
Total Other (Expenses) Income, net		(1,620,304	)		(18,330	)

NET LOSS BEFORE TAXES		(1,926,326	)		(173,212	)

Income tax expense		—			—

NET LOSS		(1,926,326	)		(173,212	)

OTHER COMPREHENSIVE (LOSS) INCOME
Foreign currency translation (loss) gain		(156,080	)		18,717

TOTAL COMPREHENSIVE LOSS		(2,082,406	)		(154,495	)

Net loss contributed to non-controlling interest	$	(16,459	)	$	—
Net loss contributed to shareholders		(1,909,867	)		(173,212	)
Total net loss		(1,926,326	)		(173,212	)

Total comprehensive loss contributed to non-controlling interest	$	(23,171	)	$	—
Total comprehensive loss contributed to shareholders		(2,059,235	)		(173,212	)

Net loss per share
- basic and diluted	$	(0.004	)	$	(0.00	)

Weighted average number of shares outstanding during the period
- basic and diluted		500,027,774			500,027,774

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2017			2016			2017			2016
REVENUE	$	30,396		$	19,052		$	186,636		$	19,052
COST OF REVENUE		(41,494	)		(3,082	)		(122,204	)		(3,082	)
GROSS PROFIT		(11,098	)		15,970			64,432			15,970
OPERATING EXPENSES
Administrative expenses		(230,724	)		(106,900	)		(689,537	)		(272,353	)
PROFIT/(LOSS) FROM OPERATIONS		(241,822	)		(90,930	)		(625,105	)		(256,383	)
OTHER INCOME/(EXPENSE), NET
Rental Income
Interest Expenses		161			205			829			205
Other Income		—			(9,217	)		(3,223	)		(615	)
Other Expense		(6,213	)		(42,004	)		(38,200	)		(42,383	)
Exchange (loss)/gain		(1,615	)		2,877			(3,830	)		2,265
Total Other Income / (Expense), net		(7,667	)		(48,139	)		(44,424	)		(40,528	)
NET INCOME /(LOSS) BEFORE TAXES		(249,489	)		(139,069	)		(669,529	)		(296,911	)
Income tax expense		—			(3	)		—			(736	)
LOSS FROM CONTINUING OPERATIONS		(249,489	)		(139,072	)		(669,529	)		(297,647	)
Gain (loss) from discontinued operations		—			47,831			—			(16,810	)
NET INCOME/(LOSS)	$	(249,489	)	$	(91,241	)	$	(669,529	)	$	(314,457	)
OTHER COMPREHENSIVE INCOME/(LOSS)
Foreign currency translation adjustment		(13,659	)		(15,788	)		(2,240	)		39,584
TOTAL COMPREHENSIVE INCOME /(LOSS)	$	(263,148	)	$	(107,029	)	$	(671,769	)	$	(274,873	)
Net loss contributed to non-controlling interest		—			—			(18,618	)		—
Net loss contributed to shareholders		(263,148	)		(139,072	)		(650,911	)		(297,647	)
		(263,148	)		(139,072	)		(669,529	)		(297,647	)
Discontinued operations		—			47,831			—			(16,810	)
Total net loss		(263,148	)		(91,241	)		(669,529	)		(314,457	)
Total comprehensive income /(loss) contributed to non-controlling interest		—			—			(19,166	)		—
Total comprehensive income /(loss) contributed to shareholders		(263,148	)		(107,029	)		(652,603	)		(274,873	)
Net income (loss) per share
- basic and diluted
Continuing	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Discontinued		(0.00	)		0.00			(0.00	)		(0.00	)
	$	(0.00	)	$	(0.00	)		(0.00	)		(0.00	)
Weighted average number of shares outstanding during the period - basic and diluted		500,027,774			200,375,532			500,027,774			200,375,532

The accompanying notes are an integral part of the consolidated financial statements

~~The accompanying notes are an integral part of these condensed consolidated financial statements.~~F-4

F-HO 4WAH GENTING GROUP LIMITED

~~HO WAH~~CONSOLIDATED ~~GENTING~~STATEMENTS ~~GROUP~~OF ~~LIMITED~~ CASH FLOWS

~~CONSOLIDATED STATEMENT OF CASH FLOWS~~ (UNAUDITED)

(UNAUDITED)

	For the Three Months Ended March 31,
	2018			2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(1,909,866	)	$	(173,212	)
Adjusted to reconcile net loss to net cash used in operating activities:
Depreciation – property and equipment		2,234			2,587
(Gain)/Loss from sale of investment		(26,469	)		—
Fair value (gain)/loss on short-term investment		1,647,803			—
Trade receivable		(122,923	)		(55,041	)
Other receivables, deposits and prepayment		(266,197	)		(691,035	)
Other payables and accrued expenses		1,155,227			616,531
Net cash generated from (used in) operating activities		479,809			(300,170	)

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment		(2,691	)		—
Proceed from sale of investments		112,377			—
Net cash generated from (used in) investing activities		109,686			—

CASH FLOWS FROM FINANCING ACTIVITIES
Advance from director		—			23,503
Amount due from related parties		191,472			458,497
Net cash provided by financing activities		191,472			482,000

EFFECT OF EXCHANGE RATES ON CASH		(173,307	)		(4,525	)

NET INCREASE IN CASH AND CASH EQUIVALENTS		607,660			177,305

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		335,591			363,015

CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	943,251		$	540,320

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION		—			—

Cash paid for interest expenses	$	—		$	—

Cash paid for income tax	$	—			—

	Nine months ended September 30,
	2017			2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(669,529	)	$	(314,457	)
Adjusted to reconcile net loss to net cash used in operating activities:
Depreciation – property and equipment		1,914			1,583
Changes in operating assets and liabilities
Account receivables		(200,384	)		—
Other receivables and accruals		(1,202,744	)		(46,658	)
Current assets from disposal of subsidiaries		—			10,788
Current liabilities from disposal of subsidiaries		—			(8,936	)
Other payables and accrued expenses		1,593,714			1,232,795
Deposit for purchase of properties		22,269			—
Net cash provided by (used in) operating activities		(454,760	)		875,115
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment		(2,691	)		(2,622	)
Non-current assets from disposal of subsidiaries		—			24,596
Investment equity		—			(16,897	)
Net cash provided by (used in) investing activities		(2,691	)		5,077
CASH FLOWS FROM FINANCING ACTIVITIES
Stockholders’ equity from disposal of subsidiaries		—			(87,054	)
Amount due from related parties		261,315			(503,999	)
Advance from director		23,495			(90,150	)
Net cash provided by (used in) financing activities		284,810			(681,203	)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS		(47,409	)		33,033
NET INCREASE IN CASH AND CASH EQUIVALENTS		(220,050	)		232,022
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		363,015			463,007
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	142,965		$	695,029
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest expenses	$	—		$	—
Cash paid for income tax	$	—		$	736

The accompanying notes are an integral part of the consolidated financial statements.

~~The accompanying notes are an integral part of these interim financial statements.~~F-5

F-HO 5WAH GENTING GROUP LIMITED

~~HO WAH~~NOTES ~~GENTING~~TO ~~GROUP~~CONSOLIDATED ~~LIMITED~~FINANCIAL STATEMENTS

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~(UNAUDITED)

~~(UNAUDITED)~~1. ORGANIZATION AND BUSINESS

1Ho Wah Genting Group Limited (“HWGG”), a Nevada corporation (formerly Computron, Inc.) ~~ORGANIZATION~~through ~~AND~~Ho ~~BUSINESS~~Wah Genting Group SDN BHD (“Malaysia HWGG”), a Malaysia company and our wholly owned subsidiary, is engaged to promote travel and entertainment services to members to our partnering resorts and cruises in the Asia region and develop and invest in real estate property.

~~Ho Wah~~On ~~Genting~~September ~~Group~~2, ~~Limited~~1985, (“Malaysia HWGG~~”),~~ was incorporated under the laws of Malaysia as a ~~Nevada~~private ~~corporation~~company ~~(formerly~~limited ~~Computron,~~by ~~Inc.)~~shares ~~through~~with the name “Ho Wah Genting ~~Group~~Holdings SDN. BHD” ~~(“Malaysia~~for ~~HWGG”),~~the purpose of functioning as a ~~Malaysia~~holding company to obtain ownership interests in Malaysian businesses across various industries. Throughout the years, we have expanded our business operations and undergone multiple name changes and restructuring to fit our ~~wholly~~evolving ~~owned~~business ~~subsidiary~~objectives. First on February 17, is1989, ~~engaged~~the company changed its name to ~~promote~~“Ho ~~travel~~Wah ~~and~~Genting ~~entertainment~~Group ~~services~~(M) SDN. BHD.” On October 2, 1990, the company changed its name to ~~members~~“Ho Wah Genting Group SDN. BHD.” On December 22, 1990 its name was changed to ~~our~~“Ho ~~partnering~~Wah ~~resorts~~Genting Group Berhad” and ~~cruises~~was inconverted to a public company limited by shares. Lastly, on January 18, 1995, the ~~Asia~~company ~~region~~converted ~~and~~back ~~develop~~into a private company limited by shares and ~~invest~~changed inits ~~real~~name ~~estate~~to ~~property~~“Ho Wah Genting Group Sdn. Bhd.”

~~On September~~From 2, 1985 to 2005, Malaysia HWGG was ~~incorporated under the laws of Malaysia as a private company limited by shares with the name~~involved ~~“Ho Wah Genting Holdings SDN. BHD” for the purpose of functioning as a holding company to obtain ownership interests~~ in ~~Malaysian~~wire ~~businesses~~and ~~across~~cable, ~~various industries. Throughout the years~~taxi, wetravel ~~have~~agent ~~expanded our business operations~~ and ~~undergone multiple~~tour ~~name~~bus ~~changes~~charterers and ~~restructuring~~general toinsurance ~~fit~~agent ~~our evolving business objectives~~services. ~~First~~In onAugust ~~February 17~~2006, ~~1989,~~Malaysia ~~the company changed~~HWGG ~~its~~shifted ~~name to “Ho Wah Genting Group (M) SDN. BHD.” On October 2, 1990, the company changed~~ its ~~name~~operations to ~~“Ho~~primarily ~~Wah Genting~~focus ~~Group~~on ~~SDN.~~commercial ~~BHD.” On December 22, 1990 its name was changed to “Ho Wah Genting Group Berhad”~~ and ~~was converted~~residential toproperty ainvestment ~~public company limited~~ by ~~shares.~~purchasing ~~Lastly,~~a oncondominium ~~January~~in 18Kuala Lumpur, ~~1995,~~Malaysia ~~the company converted back into a private company limited by shares~~ and ~~changed~~renting ~~its~~it ~~name~~out tofor ~~“Ho Wah Genting Group Sdn~~revenue. ~~Bhd.”~~

~~From 1985~~In ~~to 2005~~2015, Malaysia HWGG ~~was~~entered ~~involved~~the ~~in wire and cable, taxi,~~ travel ~~agent~~ and ~~tour~~entertainment ~~bus charterers and general insurance agent~~ services. Inbusiness ~~August~~by ~~2006,~~launching ~~Malaysia~~the ~~HWGG~~Exclusive ~~shifted~~Travel ~~its~~Membership ~~operations~~program ~~to primarily focus on commercial and residential property investment by purchasing a condominium~~ in ~~Kuala Lumpur,~~ Malaysia ~~and renting it out for revenue~~.

InHo Wah Genting Property Sdn Bhd was incorporated ~~2015~~in March 24, ~~Malaysia~~2015. ~~HWGG~~In ~~entered~~January 11, 2017, the ~~travel~~company ~~and~~acquired ~~entertainment~~67% ~~services~~of ~~business~~HWGG byProperty ~~launching~~Sdn ~~the~~Bhd ~~Exclusive~~for ~~Travel~~a ~~Membership~~consideration ~~program~~of approximately US$16 (MYR67). Ho Wah Genting Property Sdn Bhd business activity is in ~~Malaysia~~property investment and property development.

On June 25, 2015, Malaysia HWGG acquired 65% of the equity interests of Beedo SDN BHD (“Beedo”). On July 7, 2015, Beedo increased its issued and paid-up shares from 2,500 to 1,000,000. HWGG acquired an additional 508,375 shares on that date, making its balance of shares 510,000 and effectively diluting its shareholding in Beedo from 65% to 51%. Beedo is mainly engaged in the provision of information technology services. On August 12, 2016, HWGG completed the disposal of its subsidiary, Beedo, by wholly transferring the shares it owns to a related party, Dato’ Lim Hui Boon, for the consideration of $ 118,881 (RM 510,000).REVERSE MERGER

On October 28, 2016, Computron acquired all the issued and outstanding shares of Malaysia HWGG, a privately held Malaysia corporation, pursuant to the Share Exchange Agreement ~~Property~~and ~~Sdn~~Malaysia ~~Bhd~~HWGG ~~was~~became ~~incorporated~~the wholly owned subsidiary of Computron in ~~March~~a 24reverse merger, ~~2015~~or the Merger. InPursuant ~~January~~to ~~11,~~the ~~2017~~Merger, all of the ~~company~~issued ~~acquired~~and ~~67%~~outstanding shares of Malaysia HWGG ~~Property~~common ~~Sdn~~stock ~~Bhd~~were converted, at an exchange ratio of 0.56-for-1, into an aggregate of 799,680,000 (560,000 pre-reverse split) shares of Computron common stock and Malaysia HWGG became a ~~consideration~~wholly owned subsidiary of ~~approximately~~Computron. ~~$16~~The holders of Computron’s common stock as of immediately prior to the Merger held an aggregate of 200,375,532 (~~RM67~~140,319 pre-reverse split) shares of Computron’s common stock. ~~HWGG~~The ~~Property~~accompanying ~~Sdn~~financial ~~Bhd~~statements ~~business~~share ~~activity~~and isper share information has been retroactively adjusted to reflect the exchange ratio in ~~property~~the ~~investment~~Merger. ~~and~~Subsequent ~~property~~to ~~development~~the Merger, Computron’s name was changed from “Computron, Inc.” to “Ho Wah Genting Group Limited.”.

~~REVERSE~~On November 4, 2016, we completed and closed ~~MERGER~~a share exchange (the “Share Exchange”) under a Share Exchange Agreement (the “Share Exchange Agreement”) of the same date by and among us, Malaysia HWGG and the shareholders of Malaysia HWGG pursuant to which Malaysia HWGG became a wholly owned subsidiary of ours. In the Share Exchange, all of the outstanding shares of Malaysia HWGG were converted into shares of our Common Stock.

~~On October~~In ~~28,~~connection ~~2016,~~with ~~Computron acquired all~~ the ~~issued and outstanding shares of Malaysia HWGG, a privately held Malaysia corporation, pursuant to the~~ Share Exchange ~~Agreement~~ and ~~Malaysia HWGG became the wholly owned subsidiary of Computron in a reverse merger,~~ orpursuant ~~the Merger. Pursuant~~ to the ~~Merger,~~Split-Off ~~all~~Agreement of(defined ~~the issued and outstanding shares of Malaysia HWGG common stock were converted~~below), at anwe ~~exchange~~transferred ~~ratio~~our ~~of 0.56-for-1, into an aggregate of 799,680,000 (560,000~~ pre-~~forward~~Share ~~split)~~Exchange ~~shares~~assets ~~of Computron common stock~~ and ~~Malaysia~~liabilities ~~HWGG became a wholly owned subsidiary of Computron. The holders of Computron’s common stock as of immediately prior~~ to ~~the~~our ~~Merger held an aggregate of 200,375,532 (140,319~~ pre-~~forward split) shares of Computron’s common stock. The~~Share ~~accompanying~~Exchange ~~financial~~majority ~~statements~~stockholder, ~~share~~in ~~and per share information has been retroactively adjusted to reflect the~~ exchange ~~ratio in~~for the ~~Merger.~~surrender ~~Subsequent~~by tohim ~~the~~and ~~Merger,~~cancellation ~~Computron’s~~of ~~name was changed from “Computron~~5,000,000 ~~Inc.”~~shares toof ~~“Ho~~our ~~Wah Genting~~Common ~~Group Limited~~Stock.”.

~~On November~~Under 4,generally ~~2016,~~accepted weaccounting ~~completed~~principles ~~and~~in ~~closed~~the aUnited States, ~~share exchange~~ (~~the~~ “~~Share~~U.S. ~~Exchange~~GAAP”) ~~under~~because aMalaysia ~~Share~~HWGG’s ~~Exchange~~former ~~Agreement~~stockholders received the greater portion of the voting (rights in the ~~“Share~~combined ~~Exchange~~entity ~~Agreement”)~~and Malaysia HWGG’s senior management represents all of the ~~same~~senior ~~date~~management of the combined entity, the Merger was accounted for as a recapitalization effected by ~~and~~a ~~among~~share usexchange, wherein Malaysia HWGG ~~and~~is considered the acquirer ~~shareholders~~for accounting and financial reporting purposes. The assets and liabilities of Malaysia HWGG ~~pursuant~~have tobeen ~~which~~brought ~~Malaysia~~forward at ~~HWGG~~their ~~became~~book avalue ~~wholly~~and ~~owned~~no ~~subsidiary~~goodwill ofhas ~~ours~~been recognized. InAccordingly, the ~~Share~~assets ~~Exchange,~~and ~~all~~liabilities ofand the ~~outstanding~~historical ~~shares~~operations ofthat are reflected in Malaysia HWGG’s ~~were~~consolidated ~~converted~~financial ~~into~~statements ~~shares~~are those of ~~our~~Malaysia ~~Common~~HWGG ~~Stock~~and are recorded at the historical cost basis of Malaysia HWGG.

~~Reverse Stock Split~~F-6

On July 12, 2017, the Board of Directors of Ho Wah Genting Group Limited (“ HWGG “) authorized and approved an amendment (the “ Amendment “) to HWGG’s Amended and Restated Articles of Incorporation, which authorized a two-to-one reverse stock split (the “Reverse Split”) of HWGG’s outstanding common stock, par value $02.~~0001~~ ~~per~~SUMMARY ~~share,~~OF ~~with a~~SIGNIFICANT ~~record~~ACCOUNTING date of July 14, 2017 (the “ Record Date “). In connection with the reverse stock split, the Board of Directors of HWGG, also authorized and approved a related increase in the par value of the HWGG common stock from $0.0001 per share to $0.0002 per share. We expect that the Reverse Stock Split will (i) increase the marketability and liquidity of our common stock, as market price no longer deemed as micro penny stock (below $0.01); (ii) address the reluctance of brokerage firms and institutional investors to recommend lower-priced stocks to their clients or to hold in their own portfolios; and (iii) enable us to strengthen the quotation of our common stock on the OTC Markets, Inc. QB Tier.POLICIES

~~On August~~Basis ~~9, 2017 we received approval from the Financial Industry Regulatory Authority (“FINRA”) to effectuate the Reverse Split at the open~~ of ~~business on August 11, 2017.~~presentation

F-The 6accompanying unaudited consolidated financial statements of the Company have been prepared in accordance with U.S. GAAP for interim financial information and article 10 of Regulation S-X.

HOThis basis of accounting involves the application ~~WAH~~of ~~GENTING~~accrual ~~GROUP~~accounting ~~LIMITED~~and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred. The Company’s financial statements are expressed in U.S. dollars.

~~NOTES TO~~Principles ~~CONSOLIDATED~~of ~~FINANCIAL STATEMENTS~~consolidation

~~(UNAUDITED)~~The unaudited consolidated financial statements include the accounts of HWGG and Malaysian HWGG, collectively referred to within as the Company.

~~In connection~~Ho ~~with~~Wah ~~the~~Genting ~~Share~~Property ~~Exchange~~Sdn ~~and~~Bhd, ~~pursuant~~a to67% ~~the~~owned ~~Split-Off~~subsidiary, ~~Agreement~~was incorporated ~~(defined~~in ~~below)~~Malaysia on March 24, we2015. ~~transferred~~The ~~our~~Company ~~pre-Share~~is ~~Exchange assets~~primarily ~~and~~engaged ~~liabilities~~in toproperty ~~our~~investment ~~pre-Share~~and ~~Exchange~~property ~~majority~~development. ~~stockholder~~In January 11, in2017, ~~exchange~~the ~~for~~company ~~the~~acquired ~~surrender~~67% byof ~~him~~HWGG ~~and~~Property ~~cancellation~~Sdn Bhd for a consideration of approximately US$16 (MYR67). Ho Wah ~~5,000,000~~Genting ~~shares~~Property ofSdn ~~our~~Bhd ~~Common~~business ~~Stock~~activity is in property investment and property development.

~~Under generally~~All ~~accepted~~material ~~accounting~~intercompany ~~principles in the United States~~accounts, (“U.S. GAAP”) because Malaysia HWGG’s former stockholders received the greater portion of the voting rights in the combined entity and Malaysia HWGG’s senior management represents all of the senior management of the combined entitytransactions, ~~the Merger was accounted for as a recapitalization effected by~~ ~~a share exchange, wherein Malaysia HWGG is considered the acquirer for accounting~~ and ~~financial~~profits ~~reporting purposes. The assets and liabilities of Malaysia HWGG~~ have been ~~brought~~eliminated ~~forward~~upon ~~at their book value and no goodwill has been recognized~~consolidation. Accordingly, the assets and liabilities and the historical operations that are reflected in Malaysia HWGG’s consolidated financial statements are those of Malaysia HWGG and are recorded at the historical cost basis of Malaysia HWGG.

2.Use ~~SUMMARY~~of ~~OF SIGNIFICANT ACCOUNTING POLICIES~~estimates

~~Basis~~The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts of ~~presentation~~assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

~~The accompanying~~Foreign ~~unaudited~~currency ~~consolidated~~translation ~~financial~~and 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 article 8 of Regulation S-X.transactions

~~This basis~~The functional currency of ~~accounting~~the ~~involves~~Company is the ~~application~~Malaysian Ringgit (“MYR”) and reporting currency of ~~accrual~~the ~~accounting~~Company ~~and~~is ~~consequently,~~the ~~revenues~~United ~~and~~States ~~gains~~Dollar (“USD”). The financial statements of the Company are ~~recognized~~translated ~~when~~into ~~earned,~~USD using the exchange rate as of the balance sheet date for assets and ~~expenses~~liabilities and ~~losses~~average ~~are~~exchange ~~recognized~~rate ~~when~~for ~~incurred~~the year for income and expense items. ~~The~~Translation ~~Company’s~~gains ~~financial~~and ~~statements~~losses are ~~expressed~~ recorded in ~~U.S.~~accumulated ~~dollars~~other comprehensive income or loss as a component of shareholders’ equity.

~~Principles of consolidation~~F-7

~~The unaudited~~Cash ~~consolidated financial statements include the accounts of HWGG~~ and ~~its~~cash ~~subsidiary, Beedo, collectively referred to within as the Company. All material intercompany accounts, transactions, and profits have been eliminated in consolidation.~~equivalents

~~Use~~The Company considers highly-liquid investments with maturities of ~~estimates~~three months or less, when purchased, to be cash equivalents. Cash and cash equivalents include cash on hand and amount on deposit with Malaysia financial institutions, which amounts may at times exceed Malaysia government insured limits. The Company has not experienced any losses on such accounts and it does not believe it is exposed to any significant credit risk.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.Investments

~~Foreign~~The Company invests its excess cash primarily ~~currency~~in ~~translation~~equity instruments of high-quality corporate issuers listed on the Main Board of Bursa Malaysia and ~~transactions~~OTC Market in the U.S. Such securities are classified as short-term investments and are valued at the last reported closing price on the balance sheet date. If no sale price was reported on that date, they are valued at the last reported trading day closing price. Changes in the value of these investments are recognized as unrealized gain or loss in the statement of income.

~~The functional~~Fair ~~currency~~value of ~~the Company is the Malaysian Ringgit (“MYR”) and reporting currency of the Company is the United States Dollar (“USD”). The~~ financial statements of the Company are translated into USD using the exchange rate as of the balance sheet date for assets and liabilities and average exchange rate for the year for income and expense items. Translation gains and losses are recorded in accumulated other comprehensive income or loss as a component of shareholders’ equity.instruments

~~Cash~~FASB ASC 820, “Fair Value Measurement,” ~~and~~specifies ~~cash~~a ~~equivalents~~hierarchy of valuation techniques based upon whether the inputs to those valuation techniques reflect assumptions other market participants would use based upon market data obtained from independent sources (observable inputs). In accordance with ASC 820, the following summarizes the fair value hierarchy:

~~The~~Level 1 Inputs – Unadjusted quoted ~~Company~~market ~~considers~~prices ~~highly-liquid~~for ~~investments~~identical ~~with~~assets ~~maturities~~and ofliabilities ~~three~~in ~~months~~an oractive ~~less,~~market ~~when~~that ~~purchased,~~the toCompany behas ~~cash~~the ~~equivalents~~ability to access.

F-Level 72 Inputs – Inputs other than the quoted prices in active markets that are observable either directly or indirectly.

HOLevel 3 Inputs – Inputs based on prices ~~WAH~~or ~~GENTING~~valuation ~~GROUP~~techniques ~~LIMITED~~that are both unobservable and significant to the overall fair value measurements.

~~NOTES~~ASC 820 requires the use of observable market TOdata, ~~CONSOLIDATED~~when ~~FINANCIAL~~available, ~~STATEMENTS~~in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurements. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. As of March 31, 2018 and December 31, 2017, the Company has assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 of $930,017 and $2,544,644 respectively. Carrying values of non-derivative financial instruments, including cash, accounts receivables, payables and accrued liabilities, approximate their fair values due to the short term nature of these financial instruments. There were no changes in methods or assumptions during the periods presented.

~~(UNAUDITED)~~Property and equipment, net

~~Investments~~Property and equipment are carried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:

The Company invests its excess cash primarily in equity instruments of high-quality corporate issuers listed on the Main Board of Bursa Malaysia. Such securities are classified as short-term investments and are valued at the last reported sales price on the balance sheet date. If no sale price was reported on that date, they are valued at the last reported bid price. Changes in the value of these investments are recognized as unrealized gain or loss in the statement of income.

	Leasehold building	50 years

	Computer and software	5 years

	Furniture and fixtures	5 years

~~Fair value of financial instruments~~F-8

~~FASB ASC~~Revenue 820, “Fair Value Measurement,” specifies a hierarchy of valuation techniques based upon whether the inputs to those valuation techniques reflect assumptions other market participants would use based upon market data obtained from independent sources (observable inputs). In accordance with ASC 820, the following summarizes the fair value hierarchy:recognition

~~Level 1~~The ~~Inputs~~Company –provides ~~Unadjusted~~rental ~~quoted~~and ~~market~~junket ~~prices~~operation services ~~for~~to ~~identical~~customer. ~~assets~~Rental ~~and~~revenue ~~liabilities~~is inrecognized anusing ~~active~~the ~~market~~straight-line ~~that~~method ~~the~~in ~~Company~~accordance ~~has~~with ASC Topic 970-605, “Real ~~the~~Estate ~~ability~~– toGeneral ~~access~~– Revenue Recognition” (“ASC Topic 970-605”).

~~Level~~The Company recognizes revenue pursuant 2to ~~Inputs~~Accounting –Standards ~~Inputs~~Codification ~~other~~606 ~~than~~(“ASC 606”) Revenue from Contracts with Customers, the ~~quoted~~standard applies ~~prices~~five instep ~~active~~model ~~markets~~(i) ~~that~~The standard applies to a company’s contracts with customers (ii) The unit of account for revenue recognition under the new standard is a performance obligation (a good or service) and the performance obligations will be accounted for separately if they are ~~observable~~distinct ~~either~~(iii) ~~directly~~The transaction price is determined based on the amount of consideration that a company expects to be entitled to from a customer (iv) The transaction price is allocated to all the separate performance obligations in an arrangement, and (v) Revenue will be recognized when an entity satisfies each performance obligation by transferring control of the promised goods or ~~indirectly~~services to the customer. Goods or services can transfer at a point in time or over time.

~~Level 3~~Income ~~Inputs – Inputs based on prices or valuation techniques that are both unobservable and significant to the overall fair value measurements.~~taxes

~~ASC 820~~Current ~~requires~~income ~~the~~taxes ~~use~~are ofprovided ~~observable~~for ~~market data, when available,~~ in ~~making fair value measurements. When inputs used to measure~~ ~~fair~~accordance ~~value~~with ~~fall~~the ~~within~~laws ~~different levels~~ of the ~~hierarchy,~~relevant ~~the~~tax ~~level~~authorities. ~~within~~Deferred ~~which~~income ~~the~~taxes ~~fair~~are ~~value~~recognized ~~measurement~~when istemporary ~~categorized~~differences isexist ~~based~~between on the ~~lowest~~tax ~~level~~bases ~~input~~of ~~that~~assets isand ~~significant~~liabilities toand ~~the~~their ~~fair~~reported ~~value~~amounts ~~measurements.~~in ~~Valuation~~the ~~techniques~~combined ~~used~~financial ~~need~~statements. toNet ~~maximize~~operating ~~the~~loss ~~use~~carry offorwards ~~observable inputs~~ and ~~minimize~~credits ~~the~~are ~~use~~applied ofusing ~~unobservable~~enacted ~~inputs.~~statutory Astax ofrates ~~September~~applicable ~~30,~~to ~~2017~~future ~~and~~years. ~~December~~Deferred ~~31,~~tax ~~2016,~~assets ~~short~~are ~~term~~reduced ~~investments~~by ~~classified~~a asvaluation ~~held-for-trading~~allowance ~~were~~when, ~~required~~in tothe beopinion ~~reported~~of atmanagement, ~~fair~~it ~~value~~is onmore-likely-than-not that a ~~recurring~~portion ~~basis. Carrying values~~ of ~~non-derivative~~or ~~financial~~all ~~instruments,~~of ~~including~~the deferred ~~cash,~~tax ~~accounts~~assets ~~receivables,~~will ~~payables~~not ~~and~~be ~~accrued~~realized. ~~liabilities,~~The ~~approximate~~components ~~their fair~~of ~~values due to~~ the ~~short~~deferred ~~term~~tax ~~nature~~assets ofand ~~these~~liabilities ~~financial~~are ~~instruments.~~individually ~~There~~classified as ~~were~~current noand ~~changes~~non-current inbased ~~methods~~on ortheir ~~assumptions during the periods presented~~characteristics.

~~Property and~~U.S. ~~equipment,~~Corporate ~~net~~Income Tax

~~Property~~The Company is subject to U.S. corporate ~~and~~income ~~equipment~~tax ~~are~~on ~~carried~~its taxable income at ~~cost~~a ~~less~~rate ~~accumulated~~of ~~depreciation~~up to 21% for taxable years beginning after December 31, 2017 and U.S. ~~Depreciation~~corporate income istax ~~calculated~~on its taxable income of up to 35% for prior tax years. Recent U.S. federal tax legislation, commonly referred to as the Tax Cuts and Jobs Act (the “U.S. Tax Reform”), was signed into law on December 22, 2017. The U.S. Tax Reform significantly modified the U.S. Internal Revenue Code by, among other things, reducing the statutory U.S. federal corporate income tax rate from 35% to 21% for taxable years beginning after December 31, 2017; limiting and/or eliminating many business deductions; migrating the U.S. to a ~~straight~~territorial tax system with a one-~~line~~time ~~basis~~transition ~~over~~tax ~~the~~on a mandatory deemed repatriation of previously ~~following~~deferred ~~estimated~~foreign ~~useful~~earnings ~~lives:~~of certain foreign subsidiaries; subject to certain limitations, generally eliminating U.S. corporate income tax on dividends from foreign subsidiaries; and providing for new taxes on certain foreign earnings. Taxpayers may elect to pay the one-time transition tax over eight years, or in a single lump-sum payment. See Note 8 – Income Tax.

Leasehold building	50 years
Computer and software	5 years
Furniture and fixtures	5 years
Leasehold improvement	10 years

To the extent that portions of its U.S. taxable income, such as Subpart F income or global intangible low-taxed income (“GILTI”), are determined to be from sources outside of the U.S., subject to certain limitations, the Company may be able to claim foreign tax credits to offset its U.S. income tax liabilities. Any remaining liabilities are accrued in the Company’s consolidated statements of comprehensive income and estimated tax payments are made when required by U.S. law.

~~Revenue recognition~~F-9

The ~~Company~~ ~~provides~~impact ~~rental,~~of ~~Information~~an ~~technology~~uncertain ~~and~~income ~~junket~~tax ~~operation services to customer. The Company has recognized lease revenue~~position ~~based~~on ~~upon its annual rental over~~ the ~~life~~income oftax ~~the~~return ~~operating lease. Lease revenue~~ is recognized ~~using~~at the ~~straight-line~~largest ~~method in~~amount ~~accordance~~that ~~with~~is ~~ASC Topic 970~~more-~~605,~~likely-than-not ~~“Real~~to ~~Estate~~be –sustained ~~General~~upon –audit ~~Revenue~~by ~~Recognition”~~the ~~(“ASC Topic~~relevant ~~970-605”)~~tax authority. ~~Revenue~~An ~~from~~uncertain ~~the~~income ~~provision~~tax ofposition ~~information~~will ~~technology~~not ~~services~~be is recognized ~~when~~if ~~(a)~~it ~~there is persuasive evidence that an arrangement exists, (b) delivery~~ has ~~occurred,~~less ~~(c)~~than ~~the~~a ~~vendor’s~~50% ~~fee~~likelihood isof ~~fixed~~being ~~or determinable and (d) collectability is probable in accordance with ASC Topic 985-605, “Software – Revenue Recognition” (“ASC 985-605”)~~sustained. ~~Junket~~Interest ~~operation~~and ~~revenue~~penalties ison ~~recognized~~income ~~when~~taxes ~~service~~are isclassified ~~performed,~~as ~~vendor’s~~a ~~fee~~component isof ~~fixed~~the orprovisions ~~determinable~~for ~~and~~income ~~collectability is probable~~taxes.

F-Comprehensive 8loss

HOComprehensive loss includes net loss and ~~WAH~~cumulative ~~GENTING~~foreign ~~GROUP~~currency ~~LIMITED~~translation adjustments and is reported in the Combined Statement of Comprehensive Loss.

~~NOTES TO~~Loss ~~CONSOLIDATED~~per ~~FINANCIAL STATEMENTS~~share

~~(UNAUDITED)~~The loss per share is computed using the weighted average number of shares outstanding during the fiscal years. For the three months ended March 31, 2018 and 2017, there is no dilutive effect due to net loss for the periods.

~~Income taxes~~Segment reporting

~~Current income~~ASC ~~taxes~~Topic ~~are~~280 ~~provided~~requires ~~for~~use inof ~~accordance~~the ~~with~~“management approach” ~~the~~model ~~laws~~for ofsegment ~~the~~reporting. ~~relevant~~The ~~tax~~management ~~authorities.~~approach ~~Deferred~~model ~~income~~is ~~taxes~~based ~~are~~on ~~recognized when~~the ~~temporary~~way ~~differences~~a ~~exist~~company’s ~~between~~management ~~the~~organizes segments ~~tax~~within ~~bases~~the ofcompany ~~assets~~for ~~and~~making ~~liabilities~~operating decisions and ~~their~~assessing ~~reported~~performance. ~~amounts~~Reportable insegments ~~the~~are ~~combined~~based ~~financial~~on products ~~statements.Net~~and ~~operating~~services, ~~loss~~geography, ~~carry~~legal ~~forwards~~structure, ~~and~~management ~~credits~~structure, ~~are~~or ~~applied~~any ~~using~~other ~~enacted~~manner ~~statutory~~in ~~tax~~which ~~rates~~management ~~applicable~~disaggregates toa ~~future years~~company. ~~Deferred~~During ~~tax~~the ~~assets~~periods ~~are~~ended ~~reduced~~March by31, a2018, ~~valuation~~the ~~allowance~~Company ~~when,~~operated in ~~the~~three ~~opinion~~reportable ofbusiness ~~management,~~segments: it(1) isinvestment ~~more-likely-than-not~~property ~~that a~~holding ~~portion~~which ofgenerates orrental ~~all~~income offrom the ~~deferred~~leasing ~~tax~~out ~~assets will not be realized. The components~~ of ~~the~~its ~~deferred~~leasehold ~~tax~~building, ~~assets~~ and ~~liabilities~~(2) ~~are individually~~exclusive ~~classified~~membership, ~~as current~~ and ~~non-current~~(3) ~~based~~junket ~~on their characteristics~~operations.

The ~~impact~~ ofothers anwhich ~~uncertain~~comprise ~~income~~of ~~tax~~general ~~position on the income tax return is recognized at the largest amount that is more-likely-than-not~~operating toand beadministrative ~~sustained~~expenses, ~~upon~~and ~~audit~~other ~~by the relevant tax authority. An uncertain~~ income/expenses ~~tax position will~~ not bedirectly ~~recognized~~attributable ifto itthe ~~has~~sources ~~less than a 50% likelihood~~ of ~~being~~revenue ~~sustained. Interest and penalties on income taxes are classified as a component~~ of the ~~provisions for income taxes. The~~ Company ~~did~~for ~~not recognize any income tax due to uncertain tax positions or incur any interest and penalties~~the ~~related~~three tomonths ~~potential~~ended ~~underpaid~~March ~~income tax expense as of September 30~~31, ~~2017~~2018 and ~~December 31, 2016, respectively~~2017.

~~Comprehensive loss~~Related party transactions

~~Comprehensive loss~~A ~~includes~~related ~~net~~party ~~loss and cumulative foreign currency translation adjustments and~~ is ~~reported~~generally indefined ~~the Consolidated Statement of income and comprehensive loss.~~as:

~~Loss per~~(i) ~~share~~any person that holds the Company’s securities including such person’s immediate families,

~~The loss~~(ii) ~~per share is computed using~~ the ~~weighted~~Company’s ~~average number of shares outstanding during the fiscal years. For the three and nine months ended September 30~~management, ~~2017 and 2016, there is no dilutive effect due to net loss for the periods.~~

~~Segment reporting~~(iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or

~~ASC Topic~~(iv) ~~280~~anyone ~~requires~~who ~~use~~can ofsignificantly ~~the~~influence ~~“management approach” model for segment reporting. The management approach model is based on~~ the ~~way~~financial aand ~~company’s management organizes segments within the company for making~~ operating decisions and assessing performance. Reportable segments are based on products and services, geography, legal structure, management structure, or any other manner in which management disaggregates a company. During the periods ended September 30, 2017, the Company operated in three reportable business segments: (1) investment property holding which generates rental income from the leasing out of ~~its leasehold building, (2) exclusive travel membership (ETM) and junket operations (3) information technology services, which generates revenue from~~ the ~~provision of information technology services~~Company..

~~The others~~(v) entities for which ~~comprise~~investments ofin ~~general~~their ~~operating~~equity ~~and~~securities ~~administrative~~would ~~expenses~~be required, ~~and~~absent ~~other~~the ~~income/expenses~~election ~~not~~of ~~directly~~the ~~attributable~~fair to value option under the ~~sources~~Fair ofValue ~~revenue~~Option Subsection of ~~the~~Section ~~Company~~825–10–15, ~~for~~to ~~the~~be ~~three~~accounted ~~and~~for ~~nine~~by ~~months~~the ~~ended~~equity ~~September~~method ~~30,~~by ~~2017~~the ~~and~~investing ~~2016.~~entity

~~Related party~~(vi) ~~transactions~~trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management

A ~~related~~ transaction is considered to be a related party transaction when there is ~~generally~~a ~~defined~~transfer ~~as:~~of resources or obligations between related parties.

~~(i) any person that holds the Company’s securities including such person’s immediate families,~~Reclassification:

~~(ii)~~Certain prior period amounts have been reclassified to conform with the ~~Company’s~~current ~~management,~~period presentation.

~~(iii) someone that directly or indirectly controls, is controlled by or is under common control with the Company, or~~F-10

~~(iv) anyone~~ Recently ~~who~~Issued ~~can~~Accounting ~~significantly influence the financial and operating decisions of the Company.~~Pronouncements:

FLeases : In February 2016, the FASB issued ASU No. 2016-02, 9Leases (Topic 842) (“ASU 2016-2”), which provides guidance on lease amendments to the FASB Accounting Standard Codification. This ASU will be effective for us beginning in January 1, 2019. We are currently in the process of evaluating the impact of the adoption of ASU 2016-2 on our consolidated financial statements.

HOFinancial Instruments ~~WAH~~- ~~GENTING~~Credit ~~GROUP~~Losses: In ~~LIMITED~~June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): The amendments in this Update require a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The amendments broaden the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually. The use of forecasted information incorporates more timely information in the estimate of expected credit loss, which will be more decision useful to users of the financial statements. ASU 2016-13 is effective for the Company for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is allowed as of the fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is still evaluating the effect that this guidance will have on the Company’s consolidated financial statements and related disclosures.

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~F-11

~~(UNAUDITED)~~The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. Management does not believe that any pronouncement not yet effective but recently issued would, if adopted, have a material effect on the accompanying financial.

~~A transaction~~3. isGOING ~~considered~~CONCERN ~~to be a related party transaction when there is a transfer of resources or obligations between related parties.~~UNCERTAINTIES

~~Recently~~These consolidated financial statements ~~issued~~have ~~accounting~~been ~~pronouncements~~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.

~~Revenue Recognition:~~For ~~In May 2014,~~ the ~~FASB~~period ~~issued~~ended ~~ASU~~March ~~No.~~31, ~~2014-09~~2018, ~~Revenue from Contracts with Customers (Topic 606). The amendments~~the inCompany ~~ASU~~reported ~~2015-14~~a ~~defer~~net ~~the~~loss ~~effective date~~ of ~~ASU 2014-09 for all entities by one year. Public business entities~~$1, ~~certain not-for-profit entities~~926,326 and ~~certain~~working ~~employee~~capital ~~benefit~~deficit ~~plans~~of ~~should~~$3,275,718. ~~apply~~The ~~the~~Company ~~guidance~~had inan ~~ASU~~accumulated ~~2014-09~~deficit ~~to annual reporting periods beginning after~~of ~~December 15~~$3, ~~2017~~125,860 ~~including~~as ~~interim~~of ~~reporting~~March ~~periods~~31, ~~within~~2018 ~~that~~due ~~reporting~~to ~~period.~~the ~~Earlier~~fact ~~application~~that isthe ~~permitted~~Company ~~only~~incurred ~~as of~~losses ~~annual~~during ~~reporting~~the ~~periods~~period ~~beginning~~ended ~~after~~March ~~December 15~~31, ~~2016, including interim reporting periods within that reporting period~~2018.

~~Financial instrument~~The :continuation Inof ~~January 2016,~~ the ~~FASB~~Company ~~issued~~as ~~ASU~~a ~~No.~~going concern ~~2016-01,~~is ~~“Financial~~dependent ~~Instruments~~upon -improving ~~Overall~~the ~~(Subtopic~~profitability ~~825-10): Recognition~~ and ~~Measurement~~the ofcontinuing ~~Financial~~financial ~~Assets~~support ~~and~~from ~~Financial~~its ~~Liabilities”~~stockholders ~~(“ASU~~or ~~2016-01”).~~other ~~The standard addresses~~capital ~~certain~~sources. ~~aspects~~Management ofbelieves ~~recognition,~~that ~~measurement,~~the ~~presentation,~~continuing ~~and disclosure of~~ financial ~~instruments.~~support ~~ASU~~from ~~2016-01~~the isexisting ~~effective~~shareholders ~~for fiscal~~or ~~years,~~external ~~and~~debt ~~interim~~financing ~~periods within those years, beginning after December 15, 2017, and early adoption is not permitted.~~will ~~Accordingly,~~provide the ~~standard~~additional iscash ~~effective~~to ~~for~~meet ~~us on January 1, 2018. We are currently evaluating~~ the ~~impact~~Company’s ~~that~~obligations ~~the~~as ~~standard~~they ~~will have~~become ~~on our consolidated financial statements~~due.

~~Leases :~~These Inconsolidation ~~February~~financial ~~2016,~~statements do ~~the~~not ~~FASB~~include ~~issued~~any ~~ASU~~adjustments ~~No.~~to ~~2016-02,~~reflect ~~Leases~~the ~~(Topic~~possible ~~842)~~future ~~(“ASU~~effects ~~2016-2”), which provides guidance~~ on ~~lease amendments to~~ the ~~FASB~~recoverability ~~Accounting~~and ~~Standard~~classification ~~Codification.~~of ~~This~~assets ~~ASU~~or ~~will~~the amounts beand ~~effective~~classification ~~for~~of usliabilities ~~beginning~~that inmay ~~January~~result 1,from ~~2019. We are currently in~~ the ~~process~~outcome of ~~evaluating~~ the ~~impact~~Company’s ofability ~~the~~to ~~adoption~~continue ofas ~~ASU~~a ~~2016-2 on our consolidated financial statements~~going concern.

~~Financial Instruments~~ F- Credit Losses: In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): The amendments in this Update require a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The amendments broaden the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually. The use of forecasted information incorporates more timely information in the estimate of expected credit loss, which will be more decision useful to users of the financial statements. ASU 2016-13 is effective for the Company for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is allowed as of the fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is still evaluating the effect that this guidance will have on the Company’s consolidated financial statements and related disclosures.12

~~The Financial Accounting Standards Board and other entities issued new or modifications to, or interpretations of, existing accounting guidance during 2017~~4. ~~Management~~SHORT-TERM has carefully considered the new pronouncements that altered generally accepted accounting principles and does not believe that any other new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term.INVESTMENT

3. GOING CONCERN UNCERTAINTIES

	Estimated Fair Value
	As of March 31, 2018 (Unaudited)		As of December 31, 2017
Short-term investments:
Quoted shares in Malaysia		12,409		93,504
Quoted shares in U.S. (OTC) – (Vitaxel Group Limited, stock code VXEL)		917,608		2,451,140
Total short-term investments		930,017		2,544,644

~~These consolidated~~5. ~~financial~~OTHER 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.RECEIVABLES

~~For~~Other ~~the~~receivables ~~period~~consist ~~ended~~of ~~September 30, 2017,~~ the ~~Company reported a net loss of $669,529 and working capital deficit of $1,129,552. The Company had an accumulated deficit of $1,202,810 as of September 30, 2017.~~following:

F- 10

	As of March 31, 2018 (Unaudited)		As of December 31, 2017

Deposits (1)	$	381,345	$	196,867
Prepayment (2)		87,894		8,337
	$	469,239	$	205,204

~~HO WAH~~(1) ~~GENTING~~Deposits ~~GROUP~~represented ~~LIMITED~~payments for telephone, electricity, water, maintenance fee, rental & utility and parking.

~~NOTES TO~~(2) ~~CONSOLIDATED~~Prepayment ~~FINANCIAL~~represented ~~STATEMENTS~~prepayments for maintenance fee, sinking fund and fire assurance.

~~(UNAUDITED)~~F-13

~~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~~6. ~~Management~~PROPERTY ~~believes~~AND ~~that~~EQUIPMENT, ~~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.~~NET

~~These consolidation~~Property ~~financial statements do not include any adjustments to reflect the possible future effects on the recoverability~~ and ~~classification~~equipment, ofnet ~~assets~~consist ~~or the amounts and classification~~ of ~~liabilities that may result from~~ the ~~outcome of the Company’s ability to continue as a going concern.~~following:

4. HELD FOR TRADING SECURITIES

	As of March 31, 2018 (Unaudited)			As of December 31, 2017

Leasehold building	$	81,914		$	78,227
Computer and software		9,619			13,845
Furniture and fixtures		25,462			19,627
		116,995			111,699

Less: Accumulated depreciation		(23,040	)		(19,906	)

Balance at end of period/year	$	93,955		$	91,793

	Estimated
	Fair Value
	As of September 30, 2017 (Unaudited)		As of December 31, 2016
Short-term investments:
Quoted shares in Malaysia	$	13,457	$	12,660

Depreciation expenses charged to the statements of operations with the average exchange rate for the periods ended March 31, 2018 and 2017 were $2,234 and $2,537, respectively.

~~Realized gains and realized losses were not significant for either of the three month and nine month ended September 30, 2017~~7. ~~The~~OTHER ~~changes in~~PAYABLES ~~value~~AND ~~was mainly due to forex implication.~~ACCRUALS

5. OTHER RECEIVABLES, NET

	As of March 31, 2018 (Unaudited)		As of December 31, 2017

Other payables (1)	$	5,861,089	$	4,692,631
Accruals		23,387		36,618
	$	5,884,476	$	4,729,249

(1) Other ~~receivables~~ payables mainly consist of ~~the~~members ~~following:~~redemption balance

	As of September 30, 2017		As of December 31, 2016
Other receivables (1)	$	1,912,624		746,386
Deposits and Prepayment (2)		37,671		1,165
	$	1,950,295	$	747,551

8.	INCOME TAX

~~(1)~~Income ~~Other~~taxes ~~receivables~~consisted ~~mainly~~of ~~arising~~Malaysia ~~from~~income tax ~~owing~~and byU.S. ~~Silver~~income ~~Rhythm Sdn Bhd~~tax. HoThere ~~Wah~~was ~~Genting~~no ~~Group~~provision ~~Limited~~of ~~has~~income ~~signed~~taxes anmade ~~agreement~~in ~~with~~respect ~~Silver Rhythm Sdn Bhd and another deemed related party, to offset Silver Rhythm Sdn Bhd’s owing~~ of ~~RM8,420,000~~the ~~with~~two ~~1,960,912~~countries ~~unit~~for ofthe ~~Vitaxel~~periods ~~Group~~ended ~~Limited’s shares~~March 31, a2018 ~~company~~and ~~listed on OTC Market~~2017.

~~(2)~~Provision ~~Deposits represented payments~~ for ~~telephone,~~income ~~electricity,~~taxes ~~water,~~consisted ~~maintenance~~of the ~~fee, rental & utility and parking. Prepayment represented prepayments for maintenance fee, sinking fund and fire assurance.~~following:

F- 11

	For the three months ended
	March 31, 2018		March 31, 2017

Current:
Provision for Malaysian income tax	$	—	$	—
Provision for U.S. income tax		—		—
Deferred:
Provision for Malaysian income tax		—		—
Provision for U.S. income tax
	$	—	$	—

~~HO WAH GENTING GROUP LIMITED~~ F-14

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~Malaysia

~~(UNAUDITED)~~Malaysia HWGG recorded a loss before income tax of $1,926,326 and $173,212 for the periods ended March 31, 2018 and 2017, respectively. A reconciliation of the provision for income taxes with amounts determined by applying the Malaysian income tax rate of 24% and 24% for the periods ended March 31, 2018 and 2017, respectively, to income before income taxes are as follows:

6. PROPERTY AND EQUIPMENT, NET

	For the three months ended
	March 31, 2018			March 31, 2017

Profit (loss) before income tax	$	(1,926,326	)	$	(173,212	)
Permanent difference		1,926,326			173,212
Taxable income	$	—		$	—
Malaysian income tax rate		24	%		24	%
Current tax expenses	$	—		$	—
Less: Valuation allowance		—			—
Income tax expenses	$	—		$	—

~~Property and~~United ~~equipment,~~States ~~net consist~~ of ~~the following:~~America

	As of September 30, 2017			As of December 31, 2016
Leasehold building	$	74,982		$	70,543
Computer and software		6,755			3,979
Furniture and fixtures		781			505
		82,518			75,027
Less: Accumulated depreciation		(17,874	)		(14,963	)
Balance at end of period	$	64,644		$	60,064

HWGG is a company incorporated in State of Nevada and recorded a loss before income tax of $50,880 and $3,906 for the period ended March 31, 2018 and 2017, respectively. A reconciliation of the provision for income taxes with amounts determined by applying the United States Federal income tax rate of 34% for the period ended March 31, 20178 and 2017, respectively, to income before income taxes are as follows:

Depreciation expenses was $1,914 (3 months $654) and $4,886 (3 months $1,043) for the nine months ended September 30, 2017 and 2016, respectively.

	For the three months ended
	March 31, 2018			March 31, 2017

Profit (loss) before income tax	$	(50,880	)	$	(3,906	)
Permanent difference		50,880			3,906
Taxable income	$	—		$	—
U.S. income tax rate		21	%		21	%
Current tax expenses	$	—		$	—
Less: Valuation allowance		—			—
Income tax expenses	$	—		$	—

7.No ~~OTHER~~deferred ~~PAYABLES~~tax ~~AND~~has ~~ACCRUALS~~been provided as there are no material temporary differences arising during the periods ended March 31, 2018 and 2017.

	As of September 30, 2017		As of December 31, 2016
Other payables (1)		4,055,316		2,440,117
Accruals		5,237		4,454
	$	4,060,553	$	2,444,571

U.S. Corporate Income Tax

~~(1)~~The ~~Other~~Company’s ~~payables~~management ~~mainly~~has ~~consist~~yet to evaluate the effect of ~~members~~the ~~redemption~~U.S. ~~balances~~Tax Reform on Ho Wah Genting Group Limited. Management may update its judgment of that effect based on its continuing evaluation and on future regulations or guidance issued by the U.S Department of the Treasury, and specific actions the Company may take in the future.

8One-Time Transition Tax Related to U.S. ~~INCOME~~Tax ~~TAX~~Reform

The Company’s ~~and~~management ~~its~~has ~~subsidiary~~evaluated ~~are~~the ~~Malaysia~~on-time ~~incorporated~~transition tax ~~companies~~ and ~~required~~estimated tothat ~~pay~~there ~~corporate~~will ~~income~~not ~~tax~~be atsuch ~~24%~~tax ofdue ~~taxable~~for ~~income~~the Company.

~~Income tax~~9. ~~expenses~~RELATED ~~for~~PARTY ~~the Company are summarized as follows:~~TRANSACTIONS

	For the three months ended				For the nine months ended
	September 30, 2017		September 30, 2016		September 30, 2017		September 30, 2016
Current:
Provision for Malaysian income tax	$	—	$	736	$	—	$	733
Provision for U.S. income tax		—		—		—		—
Deferred:
Provision for Malaysian income tax		—		—		—		—
Provision for U.S. income tax		—		—		—		—
	$	—	$	736	$	—	$	733

As of March 31, 2018 and December 31, 2017, amounts due from related parties were as follows:

F- 12

	As of March 31, 2018 (Unaudited)		As of December 31, 2017

Ho Wah Genting Berhad (1)	$	670,330	$	247,280
Vitaxel Online Mall Sdn Bhd (3)		25,893		24,728
Ho Wah Genting Holiday Sdn Bhd (2)		118,846		14,837
Ho Wah Genting ShenZhen Limited (2)		143,519		133,974
Marvel Theme Park City Sdn Bhd (4)		3,763		3,594
Vspark Malaysia Sdn Bhd (3)		5,585		—
	$	967,936	$	424,413

HOThe amounts due from related parties are ~~WAH~~unsecured, ~~GENTING~~interest-free ~~GROUP~~and ~~LIMITED~~repayable on demand.

~~NOTES TO~~(1) ~~CONSOLIDATED~~Our ~~FINANCIAL~~President ~~STATEMENTS~~Dato’ Lim Hui Boon is also the Group President and shareholder of Ho Wah Genting Berhad.

(~~UNAUDITED~~2) Lim Chun Hoo, our Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and director, is also a director of Ho Wah Genting Holiday Sdn Bhd, Ho Wah Genting Shenzhen Limited and Beedo Sdn Bhd. He was also director of Vitaxel Group Limited, parent company of its wholly owned subsidiary Vitaxel Sdn Bhd, until his resignation from that position on March 31, 2017.

During the year 2017, Malaysia HWGG agreed to offset the owing from Silver Rhythm by receiving common stock of Vitaxel Group Limited from Lim Chun Yen. Lim Chun Yen owes Silver Rhythm US$1,960,912 and Silver Rhythm owes Malaysia HWGG. To settle the debts, the 3 parties decided to enter into the shares agreement on October 2, 2017 to offset each other’s debt by using the common stock of Vitaxel owned by Lim Chun Yen. As a result, HWGG Malaysia has acquired 1,960,912 shares of Vitaxel Group Limited, a Nevada corporation in U.S for the price of USD1 per share from Lim Chun Yen, a nephew of Dato Lim Hui Boon, the President of the Company. The share closing market price at the end December 31, 2017 was USD1.25.

~~Malaysia HWGG~~(3) ~~recorded~~Liew aJenn ~~loss~~Lim, ~~before~~one ~~income tax~~ of ~~$669,529~~our ~~and~~directors ~~$296,911~~since ~~for~~March ~~the period ended September 30~~1, 2017, ~~and~~is ~~2016,~~also ~~respectively. A~~a ~~reconciliation~~director of ~~the~~Beedo ~~provision~~Sdn ~~for~~Bhd ~~income~~and ~~taxes~~Vspark ~~with~~Malaysia ~~amounts~~Sdn ~~determined~~Bhd. byHe ~~applying~~was ~~the~~also ~~Malaysian~~director ~~income~~of ~~tax~~Vitaxel ~~rate~~Online ofMall ~~24%~~Sdn ~~and 24%~~Bhd, ~~for~~a ~~the~~wholly ~~period~~owned ~~ended~~subsidiary ~~September~~of ~~30,~~Vitaxel ~~2017~~Group ~~and 2016~~Limited, ~~respectively,~~until tohis ~~income~~resignation ~~before~~from ~~income~~that ~~taxes~~position ~~are~~on asApril ~~follows:~~2, 2018.

	For the three months ended						For the nine months ended
	September 30, 2017			September 30, 2016			September 30, 2017			September 30, 2016
Profit (loss) before income tax	$	(323,597	)	$	(98,437	)	$	(549,933	)	$	(320,920	)
Permanent difference		323,597			98,425			549,933			323,864
Taxable income	$	—		$	12		$	—		$	2,944
Malaysian income tax rate		24	%		24	%		24	%		24	%
Current tax expenses	$	—		$	(3	)	$	—		$	(736	)
Less: Valuation allowance		—			—			—			—
Income tax expenses	$	—		$	(3	)	$	—		$	(736	)

(4)

Marvel Theme Park City Sdn Bhd is a shareholder of our subsidiary company, Ho Wah Genting Property Sdn Bhd.

~~United States of America~~F-15

~~HWGG is~~As ~~a company incorporated in State~~ of ~~Nevada~~March ~~and~~31, ~~recorded~~2018 ~~a loss before income tax of $-~~ and ~~for the period ended September 30,~~ 2017 ~~and 2016~~, ~~respectively. A reconciliation of the provision for income taxes with~~ amounts ~~determined by applying the United~~due ~~States Federal income tax rate of 34% for the period ended September 30, 2017 and 2016, respectively,~~ to ~~income~~related ~~before~~parties ~~income taxes~~were ~~are~~ as follows:

	For the three months ended						For the six ended
	As of March 31, 2018 (Unaudited)			As of December 31, 2017
	September 30, 2017			September 30, 2016			September 30, 2017			September 30, 2016
Beedo SDN BHD		62,144			59,347
Profit (loss) before income tax	$	—		$	—		$	—		$	—
Vspark Malaysia Sdn Bhd		474,993			7,031
Permanent difference		—			—			—			—
Vitaxel Sdn Bhd		306,267			42,877
Taxable income	$	—		$	—		$	—		$	—
Lim Chun Hoo		846			—
USA income tax rate		34	%		34	%		34	%		34	%
	$	844,250		$	109,255
Current tax expenses	$	—		$	—		$	—		$	—
Less: Valuation allowance		—			—			—			—
Income tax expenses	$	—		$	—		$	—		$	—

NoDuring the periods ended March 31, 2018 ~~deferred~~and ~~tax~~2017, ~~has~~the ~~been~~Company ~~provided~~recognized asrental ~~there~~income ~~are~~of no$1,604 ~~material~~and ~~temporary~~$1,350 ~~differences~~respectively ~~arising~~from ~~during~~Ho Wah Genting Berhad (“HWGB”). Our president, Dato’ Lim Hui Boon, is also the ~~periods~~Group ~~ended~~President ~~September~~and 30shareholder of HWGB. In addition, ~~2017~~two sons of Dato’ ~~and~~Lim ~~2016~~Hui Boon are directors of HWGB.

F-On 13April 1, 2016, we entered into the Travel and Junket Service Contract with our partner, Ho Wah Genting Holiday SDN BHD (“HWGH”), pursuant to which HWGH shall render HWGG tour agency services, including but not limited to providing HWGG with tour packages, hotel bookings, and transportation arrangements to offer HWGG’s members and to share in junket operation profits. Lim Chun Hoo, our Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and director, is the Executive Director of HWGH. In addition, two sons of Dato Lim Hui Boon, our president, are the directors of HWGB, the parent company of HWGH. During the period ended March 31, 2018 and 2017, the Company recognized junket commission revenue of $6,606 and $54,804, respectively, from HWGH.

HOFor the periods ended March 31, 2018 and 2017, HWGB lent the ~~WAH~~Company ~~GENTING~~$670,330 ~~GROUP~~and ~~LIMITED~~$247,280, respectively. Such debt is unsecured, interest-free and repayable on demand.

~~NOTES~~During the periods ended March 31, 2018 and 2017, the Company TOlent ~~CONSOLIDATED~~$306,267 ~~FINANCIAL~~and ~~STATEMENTS~~$42,877, respectively, to Vitaxel Sdn Bhd, a Malaysian corporation (“Vitaxel”). During the periods ended March 31, 2018 and 2017, the Company loaned $25,893 and $24,728, respectively, to Vitaxel Online Mall Sdn Bhd, a Malaysian corporation (“Vionmall”). Such debt is unsecured, interest-free and repayable on demand. Vitaxel and Vionmall are wholly owned subsidiaries of Vitaxel Group Limited, a Nevada corporation. Lim Chun Hoo, our Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and director, was a director of Vitaxel Group Limited, Vionmall and Vitaxel’s parent company, until his resignation on March 31, 2017. In addition, Leong Yee Ming, our former Chief Financial Officer, Chief Operating Officer and director, is a director and Chief Executive Officer of Vitaxel Group Limited.

~~(UNAUDITED)~~During the periods ended March 31, 2018 and 2017, the recognized junket commission revenue of the Company from HWGH was $6,606 and $54,804, respectively.

9.During ~~RELATED~~the ~~PARTY~~periods ~~TRANSACTIONS~~ended March 31, 2018 and 2017, the Company recognized revenue of $117,276 and nil, respectively, from the 10% management charges to ETM member from HWGB.

~~As of September 30, 2017 and December 31, 2016, amounts due from related parties were as follows:~~F-16

	As of September 30, 2017		As of December 31, 2016
Ho Wah Genting Berhad (1)	$	59,256	$	544,096
Ho Wah Genting Holiday Sdn Bhd (2)		37,924		—
Ho Wah Genting Shenzhen Limited (2)		110,612		—
Genting Highlands Taxi Services Sdn Bhd		23,702		—
Vitaxel SDN BHD (2)		655,749		585,619
Vitaxel Online Mall SDN BHD (3)		23,702		22,299
	$	910,945	$	1,152,014

10.

Commitments and Contingencies

~~The amounts~~Capital ~~due from related companies are unsecured, interest-free and repayable on demand.~~Commitments

As of ~~September~~March 3031, ~~2017~~2018 and December 31, ~~2016~~2017, Company ~~amounts~~has ~~due~~no ~~from~~capital ~~directors were as follows:~~commitments.

		As of September 30, 2017				As of December 31, 2016
Lim Chun Hoo (1)		$	8			$	23,503

Operation Commitments

~~The amounts~~As ~~due~~of ~~from~~March a31, ~~director~~2018 ~~were~~and ~~unsecured~~December 31, ~~interest-free~~2017, Company ~~and~~has ~~repayable~~no onoperation ~~demand~~commitments and lease commitments.

~~As of~~11. ~~September~~EARNINGS ~~30,~~(LOSS) ~~2017~~PER ~~and December 31, 2016, amounts due to related parties were as follows:~~SHARE

	As of September 30, 2017		As of December 31, 2016
Dato’ Lim Boon Hui (1)	$	—	$	208,830
Grande Legacy Inc. (4)		234,908		—
Beedo SDN BHD (2) (3)		52,145		57,977
	$	287,053	$	266,807

The Company has adopted ASC Topic No. 260, “Earnings Per Share,” (“EPS”) which requires presentation of basic and diluted EPS on the face of the income statement and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the year.

~~(1)~~The ~~Our~~following ~~President.~~table ~~Dato~~sets ~~Lim~~forth ~~Hui Boon, is also~~ the ~~Group~~computation of ~~President~~basic and ~~shareholder~~diluted ofearnings Hoper ~~Wah Genting Berhad~~share:

(2) Lim Chun Hoo, our Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and director, is also a director of Ho Wah Genting Holiday Sdn Bhd, Ho Wah Genting Shenzhen Limited and Beedo SDN BHD. He was also a director of Vitaxel Group Limited, parent company of its wholly owned subsidiary Vitaxel SDN BHD, until his resignation from that position on March 31, 2017.

	For the three months ended
	March 31, 2018			March 31, 2017

Net loss applicable to common shares	$	(1,909,867	)	$	(173,212	)

Weighted average common shares outstanding (Basic/Diluted)		500,027,774			500,027,774

	$	(0.004	)	$	(0.00	)

~~(3)~~The ~~Liew~~Company ~~Jenn~~has ~~Lim,~~no ~~one~~potentially ofdilutive securities, ~~our~~such ~~directors~~as ~~since~~options ~~March~~or 1warrants, ~~2017,~~currently isissued ~~also a director of Vitaxel Online Mall Sdn Bhd~~ and ~~Beedo SDN BHD~~outstanding.

~~(4)~~12. ~~Leong~~CAPITAL ~~Yee Ming, one of our directors prior to his resignation on March 1, 2017, is a director of Grande Legacy Inc.~~STOCK

~~During~~FORWARD ~~the periods ended September 30, 2017 and 2016, the Company recognized rental income of $4,144 (3~~STOCK months $1,381) and $4,414 (3 months $1,381) respectively from Ho Wah Genting Berhad. The president of the Company, Dato’ Lim Hui Boon, is also the Group President of Ho Wah Genting Berhad. In addition, two sons of Dato’ Lim Hui Boon are directors of Ho Wah Genting Berhad.SPLIT

~~During~~On November 8, 2016, the ~~periods~~Board ~~ended~~of ~~September~~Directors 30of Ho Wah Genting Group Limited (formerly Computron, ~~2017~~Inc.) (the “Company”) authorized and ~~2016~~declared a 1,428-for-1 forward stock split of the Company’s ~~recognized~~issued ~~revenues~~and ~~consisting~~outstanding ofcommon ~~junket~~stock, par value $0.0001 per share (the “Common Stock”) in the ~~commission~~form ~~from~~of Hoa ~~Wah~~dividend ~~Genting~~(the ~~Holiday~~“Stock ~~SDN~~Split”) ~~BHD~~with ~~was~~a $7record date of November 17,~~680~~ ~~and~~2016 ~~$15~~(the “Record Date”). On the Record Date,~~592~~ ~~respectively~~each holder of the Company’s Common Stock will receive 1,428 ~~and~~additional ~~only~~shares of the Company’s Common Stock for ~~period~~each ~~ended~~one ~~September~~share 30owned, ~~2017.~~rounded up to the nearest whole share

FOn November 28, 2016, Financial Industry Regulatory Authority, Inc. (“FINRA”) notified us of its announcement of the payment date of the Stock Split as November 29, 2016 (the “Payment Date”) and ex-dividend 14date as November 30, 2016 (the “Ex-Dividend Date”). On the Payment Date, as a result of the Stock Split, each holder of the Company’s Common Stock as of the Record Date received 1427 additional shares of the Company’s Common Stock for each one share owned, rounded up to the nearest whole share. As of the Ex-Dividend Date, our Common Stock began trading on a post-split adjusted basis.

HOREVERSE ~~WAH~~STOCK ~~GENTING GROUP LIMITED~~SPLIT

~~NOTES~~On July 12, 2017, the Board of Directors TOof ~~CONSOLIDATED~~Ho ~~FINANCIAL~~Wah ~~STATEMENTS~~Genting Group Limited (“ HWGG “) authorized and approved an amendment (the “Amendment”) to HWGG’s Amended and Restated Articles of Incorporation, which authorized a two-to-one reverse stock split (the “Reverse Split”) of HWGG’s outstanding common stock, par value $0.0001 per share, with a record date of July 14, 2017 (the “ Record Date “). In connection with the reverse stock split, the Board of Directors of HWGG, also authorized and approved a related increase in the par value of the HWGG common stock from $0.0001 per share to $0.0002 per share. We expect that the Reverse Stock Split will (i) increase the marketability and liquidity of our common stock, as market price no longer deemed as micro penny stock (below $0.01); (ii) address the reluctance of brokerage firms and institutional investors to recommend lower-priced stocks to their clients or to hold in their own portfolios; and (iii) enable us to strengthen the quotation of our common stock on the OTC Markets, Inc. QB Tier.

On August 9, 2017 we received approval from the Financial Industry Regulatory Authority (~~UNAUDITED~~“FINRA”) to effectuate the Reverse Split at the open of business on August 11, 2017.

~~From January~~As 1of May 7, ~~2016~~2018 toand ~~August~~December 1231, ~~2016~~2017, the Company, ~~through~~has ~~its subsidiary Beedo SDN BHD recognized revenue from the provision of information technology services of $10~~750,~~361 from Ho Wah Genting Holiday SDN BHD and $41~~000,~~443 from Vitaxel SDN BHD. Beedo SDN BHD~~000 ~~was~~shares ~~disposed~~authorized ofand ~~by the Company after August 12~~500,027,774 ~~2016~~shares ~~and~~issued ~~stopped earning revenue from the provision of information technology services~~respectively.

~~10. EARNINGS (LOSS) PER SHARE~~F-17

~~The Company has adopted ASC Topic No~~12. ~~260,~~SEGMENT “Earnings Per Share,” (“EPS”) which requires presentation of basic and diluted EPS on the face of the income statement, and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the year.INFORMATION

~~The following~~Our ~~table~~reported ~~sets~~segments ~~forth~~for the ~~computation~~periods ofended March ~~basic~~31, 2018 and ~~diluted~~2017 ~~earnings~~are ~~per~~described ~~share~~as follows:

	For the three month ended						For the nine month ended
	September 30, 2017			September 30, 2016			September 30, 2017			September 30, 2016
Net loss applicable to common shares	$	(249,490	)	$	(91,241	)	$	(669,529	)	$	(314,457	)
Weighted average common shares outstanding (Basic) / (Diluted)		500,027,774			200,375,532			500,027,774			200,375,532
Loss per share	$	0.00		$	0.00		$	0.00			0.00	)

Investment property holding

The Company ~~has~~generates norental ~~potentially~~income ~~dilutive~~from the ~~securities,~~leasing ~~such~~out asof ~~options~~its orleasehold ~~warrants, currently issued and outstanding~~building.

~~11.~~Exclusive ~~SEGMENT~~Travel ~~INFORMATION~~Membership

The ~~Company’s~~ ~~operating~~company ~~businesses~~generates ~~are~~revenue ~~organized~~from ~~based~~management fee billing on the ~~business~~member ~~activities~~10% ~~from~~for ~~which~~ the ~~Company~~deposit ~~earns~~that ~~revenues.~~put ~~Our reported~~into ~~segments for~~ the ~~period ended September 30, 2017 and year ended December 31, 2016 are described as follows:~~account

~~Investment property~~Junket ~~holding~~operations

The Company generates ~~rental~~revenue ~~income~~from junket operations with commissions receivable from ~~the~~Ho ~~leasing~~Wah ~~out~~Genting Holiday SDN BHD. This line of ~~its~~business ~~leasehold~~commenced ~~building~~in the year 2016.

~~Information technology services~~Others

~~The Company~~These ~~generates~~comprise ~~revenue~~of ~~from~~general ~~the~~operating ~~provision~~and administrative ofexpenses, ~~information~~and ~~technology~~other ~~services.~~income/expenses ~~This~~not ~~line~~directly ofattributable ~~business~~to ~~commenced in~~ the ~~year~~sources ~~2015. This~~of ~~line~~revenue of ~~business ended on August 12, 2016 when~~ the Company ~~completed~~for the ~~disposal~~periods ended ofMarch ~~its subsidiary~~31, ~~Beedo~~2018 and 2017.

~~Exclusive~~The Company’s reportable segments ~~Travel~~are ~~Membership~~managed separately based on the fundamental differences in their operations.

~~The company~~Information ~~generates~~with ~~revenue~~respect ~~from~~to ~~management~~these ~~fee~~reportable business ~~billing~~segments onfor the ~~member~~three ~~10%~~months ~~for~~ended ~~the~~March ~~deposit~~31, ~~that~~2018 ~~put~~and ~~into~~2017 ~~the~~was ~~account.~~as follows:

Junket income

	For the three months ended
	March 31, 2018			March 31, 2017

Revenues:
Investment property holding	$	1,604		$	1,350
Junket operations		6,606			54,804
Management fee		117,276			—
Others		—			—
	$	125,486		$	56,154

Cost of revenues:
Investment property holding	$	—		$	—
Junket operations		—			31,585
Management fee		93,892			—
Others		—			—
	$	93,892		$	31,585

Depreciation:
Investment property holding	$	2,234		$	4,034
Junket operations		—			—
Management fee		—			—
Others		—			—
	$	2,234		$	4,034

Net income (loss):
Investment property holding	$	(630	)	$	(2,684	)
Junket operations		6,606			23,219
Management fee		23,384			—
Others		(1,955,686	)		(193,747	)
	$	(1,926,326	)	$	(173,212	)

~~The company generates revenue from junket commission provided by Ho Wah Genting Malaysia Berhad.~~F-18

Others

	March 31, 2018
	Investment property holding		Junket operation		Others		Total
Identifiable long-lived assets, net	$	63,346	$	—	$	30,609	$	93,955

These comprise of general operating and administrative expenses, and other income/expenses not directly attributable to the sources of revenue of the Company for the periods ended September 30, 2017 and 2016.

	December 31, 2017
	Investment property holding		Junket operation		Others		Total
Identifiable long-lived assets, net	$	60,887	$	—	$	30,906	$	91,793

The Company’s does not allocate any administrative expenses and other income/expenses to its reportable segments because these activities are managed ~~separately~~at ~~based~~a oncorporate level. In addition, the ~~fundamental~~specified ~~differences~~amounts for income tax expense are not included in ~~their~~the ~~operations~~measure of segment profit or loss reviewed by the chief operating decision maker and these specified amounts are not regularly provided to the chief operating decision maker. Therefore, the Company has not disclosed income tax expense for each reportable segment.

F-Asset 15information by reportable segment is not reported to or reviewed by the chief operating decision maker and, therefore, the Company has not disclosed asset information for each reportable segment. The Company’s operations are located in Malaysia. All revenues are derived from customers in Malaysia. All of the Company’s operating assets are located in Malaysia.

~~HO WAH~~13. ~~GENTING~~FAIR ~~GROUP~~VALUE ~~LIMITED~~MEASUREMENTS

~~NOTES TO~~Fair ~~CONSOLIDATED~~Value ~~FINANCIAL~~of ~~STATEMENTS~~Financial Assets

~~(UNAUDITED)~~The Company’s financial assets measured at fair value on a recurring basis subject to disclosure requirements at December 31, 2017 and 2016 were as follows:

Information with respect to these reportable business segments for the periods ended September 30, 2017 and 2016 was as follows:

	Balance at March 31, 2018 (Unaudited)		Quoted Prices in Active Markets for Identical Assets (Level 1) (Unaudited)		Significant Other Observable Inputs (Level 2) (Unaudited)		Significant Unobserved Inputs (Level 3) (Unaudited)
Short-term investments:
Short-term investment	$	930,017	$	930,017	$	—	$	—
Total short-term investments		930,017		930,017		—		—
Total financial assets measured at fair value	$	930,017	$	930,017	$	—	$	—

	For the three months ended						For the nine months ended
	Balance at December 31, 2017			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobserved Inputs (Level 3)
	September 30, 2017			September 30, 2016			September 30, 2017			September 30, 2016
Short-term investments:
Revenues:
Short-term investment	$	2,544,644		$	2,544,644		$	—		$	—
Investment property holding	$	1,381		$	4,414		$	4,144		$	4,414
Total short-term investments		2,544,644			2,544,644			—			—
Information technology services		—			—			—			—
Total financial assets measured at fair value	$	2,544,644		$	2,544,644		$	—		$	—
ETM and junket operations		—			—			7,850			—
Others		29,014			14,638			174,642			14,638
	$	30,395		$	19,052		$	186,636		$	19,052
Cost of revenues:
Investment property holding	$	—		$	3,082		$	—		$	3,082
Information technology services		—			—			—			—
ETM and junket operations		—			—			—			—
Others		41,494			—			122,204			—
	$	41,494		$	3,082		$	122,204		$	3,082
Depreciation:
Investment property holding	$	638		$	611		$	1,914		$	1,583
Information technology services		—			—			—			—
ETM and junket operations		—			—			—			—
Others		—			—			—			—
	$	638		$	611		$	1,914		$	1,583
Net income (loss):
Investment property holding	$	1,381		$	1,332		$	4,144		$	1,332
Information technology services		—			—			—			—
ETM and junket operations		—			—			7,850			—
Others		(250,870	)		(140,404	)		(681,523	)		(298,979	)
	$	(249,489	)	$	(139,072	)	$	(669,529	)	$	(297,647	)

	September 30, 2017
	Investment property holding		Information technology services		Junket operation		Others		Total
Identifiable long-lived assets, net	$	58,736	$	—	$	—	$	5,908	$	64,644

14.

SUBSEQUENT EVENTS

F-On 16April 13, 2018 Ho Wah Genting Group Sdn Bhd disposed Ho Wah Genting Property Sdn Bhd to Lim Chun Hoo at cost for MYR67.00. Ho Wah Genting Property Sdn Bhd has not generate any revenue since acquisition and continue to incur losses to the group. Due to this, the Board of Directors decided to dispose the subsidiary.

~~HO WAH GENTING GROUP LIMITED~~ F-19

~~NOTES TO~~ITEM ~~CONSOLIDATED~~2. ~~FINANCIAL~~Management’s ~~STATEMENTS~~Discussion and Analysis of Financial Condition and Results of Operations

~~(UNAUDITED)~~MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

	December 31, 2016
	Investment property holding		Information technology services		Junket operation		Others		Total
Identifiable long-lived assets, net	$	56,317	$	—	$	—	$	3,747	$	60,064

The following management’s discussion and analysis should be read in conjunction with the historical financial statements and the related notes thereto contained in this Report. The management’s discussion and analysis contains forward-looking statements, such as statements of our plans, objectives, expectations and intentions. Any statements that are not statements of historical fact are forward-looking statements. When used, the words “believe,” “plan,” “intend,” “anticipate,” “target,” “estimate,” “expect” and the like, and/or future tense or conditional constructions (“will,” “may,” “could,” “should,” etc.), or similar expressions, identify certain of these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. The Company’s actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this report.

~~The Company~~As ~~does~~a ~~not~~result ~~allocate~~of ~~any~~the ~~operating~~Share Exchange and ~~administrative~~the change ~~expenses~~in business and operations of the Company, ~~other~~from ~~income/expenses~~engaging toin ~~its~~the ~~reportable~~business ~~segments~~of ~~because~~computer support services to the business of ~~these~~(1) ~~activities~~promoting ~~are~~travel ~~managed~~and atentertainment through the e-commerce business model by offering a ~~corporate~~unique ~~level.~~membership Inprogram ~~addition~~that offers its members exclusive travel discounts and rebates, ~~the~~(2) ~~specified~~providing ~~amounts~~junket ~~for~~operator ~~income~~services ~~tax~~and ~~expense~~(3) ~~are~~developing ~~not~~and ~~included~~ investing in real ~~the~~property, ~~measure~~a discussion of ~~segment~~the ~~profit~~past orfinancial ~~loss~~results ~~reviewed~~of byHo ~~the~~Wah ~~chief~~Genting ~~operating~~Group ~~decision~~Limited ~~maker~~is not pertinent, and ~~these~~under ~~specified~~generally accepted ~~amounts~~accounting ~~are~~principles ~~not~~in ~~regularly provided~~the toUnited States the ~~chief~~historical ~~operating~~financial ~~decision~~results ~~maker.~~of ~~Therefore~~HWGG, the ~~Company~~accounting ~~has~~acquirers, ~~not~~prior ~~disclosed~~to the ~~income~~Share ~~tax~~Exchange ~~expense~~are ~~for~~considered ~~each~~the ~~reportable segment~~historical financial results of the Company.

~~Asset information~~The byfollowing ~~reportable~~discussion ~~segment~~highlights isHo ~~not~~Wah Genting ~~reported~~Group toLimited’s orresults ~~reviewed~~of byoperations and the ~~chief~~principal ~~operating~~factors ~~decision~~that ~~maker~~have affected its financial condition as well as its liquidity and, ~~therefore,~~capital resources for the ~~Company has~~periods ~~not~~described, ~~disclosed~~and ~~asset~~provides information that management believes is relevant for ~~each~~an ~~reportable~~assessment ~~segment~~and understanding of the financial condition and results of operations presented herein. The ~~Company~~following discussion and analysis is based on Ho Wah Genting Group Limited’s ~~operations~~audited ~~are~~financial ~~located~~statements contained in ~~Malaysia.~~this ~~All~~Report, ~~revenues~~which have ~~are~~been ~~derived~~prepared ~~from~~in ~~customers~~accordance with generally accepted accounting principles in ~~Malaysia~~the United States. ~~All~~You ofshould read the ~~Company’s~~discussion and ~~operating~~analysis ~~assets~~together ~~are~~with ~~located~~such infinancial ~~Malaysia~~statements and the related notes thereto.

~~12.~~Basis ~~FAIR~~of ~~VALUE MEASUREMENTS~~Presentation

~~Fair~~The audited consolidated financial statements ~~Value~~for the periods ended March 31, 2018 and 2017 include a summary of ~~Financial~~our ~~Assets~~significant accounting policies and should be read in conjunction with the discussion below. In the opinion of management, all material adjustments necessary to present fairly the consolidated results of operations for such periods have been included in these audited consolidated financial statements. All such adjustments are of a normal recurring nature.

~~The Company’s financial assets measured at fair value on a recurring basis subject to disclosure requirements at September 30, 2017and December 31, 2016 were as follows:~~Overview

	Balance at September 30, 2017 (Unaudited)		Quoted Prices in Active Markets for Identical Assets (Level 1) (Unaudited)		Significant Other Observable Inputs (Level 2) (Unaudited)		Significant Unobserved Inputs (Level 3) (Unaudited)
Short-term investments:
Quoted shares in Malaysia	$	13,457	$	13,457	$	—	$	—
Total short-term investments		13,457		13,457		—		—
Total financial assets measured at fair value	$	13,457	$	13,477	$	—	$	—

Results of Operations

			Quoted Prices
			in Active		Significant
			Markets for		Other		Significant
	Balance at		Identical		Observable		Unobserved
	December 31,		Assets		Inputs		Inputs
	2016		(Level 1)		(Level 2)		(Level 3)
Short-term investments:
Quoted shares in Malaysia	$	12,660	$	12,660	$	—	$	—
Total short-term investments		12,660		12,660		—		—
Total financial assets measured at fair value	$	12,660	$	12,660	$	—	$	—

The following discussion should be read in conjunction with the consolidated financial statements of HWGG for the periods ended March 31, 2018 and 2017 and the related notes thereto.

~~13.~~Results ~~SUBSEQUENT~~of ~~EVENTS~~Operations for the Three Months ended March 31, 2018 and 2017

On October 23, 2017, Ho Wah Genting Group Sdn. Bhd. has signed an agreement with Silver Rhythm Sdn Bhd and another deemed related party, to offset Silver Rhythm Sdn Bhd’s owing of RM8,420,000 with 1,960,912 unit of shares of a company listed on OTC Market, following to an arrangement signed between Ho Wah Genting Group Sdn Bhd with Silver Rhythm Sdn Bhd on July 6, 2017.Revenue

~~On November~~We 6,recognized ~~2017,~~revenue Hoof ~~Wah~~$125,486 ~~Genting~~and ~~Group~~$56,154 for ~~Sdn.~~the ~~Bhd.~~three ~~has~~months ~~issued~~ended aMarch ~~letter~~31, to2018 ~~Vspark~~and ~~Malaysia~~2017 ~~Sdn~~respectively. ~~Bhd.~~The toincrease ~~acknowledge~~in ~~that~~revenues ~~there~~from ~~is a~~the ~~potential~~three ~~50:50~~months ~~joint~~ended ~~venture~~March ~~with~~31, 2018 ~~Vspark~~was ~~Malaysia~~due ~~Sdn. Bhd.~~ to ~~develop~~ the ~~Port~~increase ~~Dickson~~of ~~Project.~~revenue ~~The~~from ~~Port~~the ~~Dickson~~Exclusive ~~Project~~Travel ~~consist of~~Membership ~~182~~business ~~units~~ of ~~water~~HWGG ~~chalet,~~as ~~400~~a ~~units~~result of ~~hotel~~10% ~~tower~~management ~~and a cruise entertainment hub~~fees charged.

F-Cost 17of Sales

~~ITEM~~Cost of sales for the three months ended 2March 31, 2018 was $93,892 compared to $31,585 for the three months ended March 31, 2017. ~~MANAGEMENT’S~~The ~~DISCUSSION~~increase ~~AND~~for ~~ANALYSIS~~the OFthree ~~FINANCIAL~~months ~~CONDITION~~ended March ~~AND~~31, ~~RESULTS~~2018 OFwas ~~OPERATIONS~~due to commission earned and payable to Exclusive Travel Membership members of $93,892 recorded for the year.

~~The following~~Gross management’s discussion and analysis should be read in conjunction with the historical financial statements and the related notes thereto contained in this Report. The management’s discussion and analysis contains forward-looking statements, such as statements of our plans, objectives, expectations and intentions. Any statements that are not statements of historical fact are forward-looking statements. When used, the words “believe,” “plan,” “intend,” “anticipate,” “target,” “estimate,” “expect” and the like, and/or future tense or conditional constructions (“will,” “may,” “could,” “should,” etc.), or similar expressions, identify certain of these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements.Profit

~~All references~~Gross toprofit ~~“we,”~~was ~~“us~~$31,”594 ~~“our”~~for ~~and~~ the ~~“Company”~~three ~~are references to Ho Wah Genting~~months ~~Group~~ended ~~Limited,~~March ~~a Nevada corporation (formerly Computron~~31, ~~Inc.)~~2018, ~~The~~compared ~~Company’s~~to ~~actual~~$24,569 ~~results~~for ~~and~~three ~~the~~months ~~timing~~ended ofMarch ~~events~~31, ~~could differ~~2017, ~~materially~~an ~~from~~increase ~~those anticipated in these forward-looking statements as a result~~ of ~~several~~$7,025 ~~factors~~or 28.59%. The ~~Company does~~increase ~~not~~of ~~undertake~~gross ~~any~~profit ~~obligation~~was toattributable ~~update forward-looking statements~~ to ~~reflect~~the ~~events~~increase orof ~~circumstances~~revenue ~~occurring~~from ~~after~~ the ~~date of~~Exclusive ~~this~~Travel ~~report~~Membership business.

~~As a~~Operating result of the share exchange consummated on November 4, 2016 (the “Share Exchange”) with Ho Wah Genting Group Sdn. Bhd, a Malaysian private company limited by shares formed in September 2, 1985 (“HWGG”), and the shareholders of HWGG, and the change in business and operations of the Company, from engaging in the business of computer support services to the business of (1) promoting travel and entertainment through the e-commerce business model by offering a unique membership program that offers its members exclusive travel discounts and rebates, (2) providing junket operator services and (3) developing and investing in real property, a discussion of the past financial results of the Company prior to the Share Exchange is not pertinent, and under generally accepted accounting principles in the United States (“U.S. GAAP”) the historical financial results of HWGG, the accounting acquirer, prior to the Share Exchange are considered the historical financial results of the Company after the Share Exchange.Expenses

~~The following~~For ~~discussion highlights~~ the ~~Company’s~~three ~~results~~months ofended ~~operations~~March ~~and~~31, 2018, the ~~principal~~total ~~factors~~operating ~~that~~expenses ~~have~~was ~~affected~~$337,616 ~~its~~compared ~~financial condition~~to ~~as well as its liquidity and capital resources for the periods described~~$179,451 ~~and provides information that management believes is relevant~~ for ~~an assessment and understanding of~~ the ~~financial~~three ~~condition~~months ~~and~~ended ~~results~~March of31, ~~operations presented herein~~2017. The ~~following~~operating expenses ~~discussion~~increased ~~and~~by ~~analysis~~$158,165 isor ~~based on the Company’s reviewed financial statements contained in this Report~~88.14%, which ~~have~~was ~~been prepared~~mainly incaused ~~accordance~~by ~~with U.S. GAAP. You should read~~ the ~~discussion~~increase ~~and~~of ~~analysis~~expenses ~~together~~in ~~with~~supporting ~~such~~a ~~financial~~larger ~~statements~~customer ~~and the related notes thereto~~base.

~~Basis of Presentation~~2

~~The reviewed~~Liquidity ~~consolidated financial statements for the periods ended September 30, 2017~~ and ~~2016~~Capital include a summary of our significant accounting policies and should be read in conjunction with the discussion below. In the opinion of management, all material adjustments necessary to present fairly the consolidated results of operations for such periods have been included in these audited consolidated financial statements. All such adjustments are of a normal recurring nature.Resources

~~Overview;~~As of March 31, 2018, we had a cash balance ~~Recent~~of ~~Events~~$943,251. During the three months ended March 31, 2018, net cash generated from operating activities totalled $479,809. Net cash generated from investing activities during the three months ended March 31, 2018 totalled $109,686. Net cash provided by financing activities during the same period totalled $191,472. The resulting change in cash for the period was an increase of $607,660 which was primarily due to changes in working capital and proceed from sale of investments.

~~Ho Wah~~As ~~Genting~~of ~~Group~~March ~~Limited~~31, ~~(“HWGG”)~~2017, we had a ~~Nevada~~cash ~~corporation~~balance of ~~(formerly~~$540,320. ~~Computron~~During the three months ended March 31, ~~Inc.)~~2017, ~~through~~net Hocash ~~Wah~~used ~~Genting~~in ~~Group~~operating ~~SDN BHD~~activities ~~(“Malaysia~~totalled ~~HWGG”)~~$300,170. aNet ~~Malaysia~~cash ~~company~~used in ~~and~~investing ~~our~~activities ~~wholly~~during ~~owned~~the ~~subsidiary~~fiscal period ending March 31, is2017 ~~engaged~~totalled tonil. ~~promote~~Net ~~travel~~cash ~~and~~provided ~~entertainment~~by financing activities ~~services~~during tothe ~~members~~same toperiod ~~our~~totalled ~~partnering~~$482,000. ~~resorts~~The ~~and~~resulting ~~cruises~~change in cash for the ~~Asia~~period ~~region~~was ~~and~~an ~~develop~~increase ~~and~~of ~~invest~~$177,305, which was primarily due to cash in ~~real~~from ~~estate~~other ~~property~~payables and accrued expenses.

~~Results~~As of March 31, 2018, we had current liabilities of ~~Operations~~$6,728,726, which was comprised of other payables and accruals of $5,884,476, amount due to related party of $884,250.

~~The following~~As ~~discussion~~of ~~should~~December be31, ~~read~~2017, inwe ~~conjunction~~had ~~with~~current liabilities ~~the~~of ~~consolidated~~$4,838,504, ~~financial~~which ~~statements~~was comprised of ~~HWGG~~other ~~for~~payables ~~the~~and ~~periods~~accruals ~~ended~~of ~~September 30~~$4,729,249, ~~2017~~ and ~~2016~~amount ~~and~~due ~~the~~to related ~~notes~~party ~~thereto~~of $109,255.

2We had net liabilities of $3,181,763 and $1,217,217 as of March 31, 2018 and December 31, 2017.

~~Results of~~Silver ~~Operations~~Rhythm ~~for~~SDN ~~the~~BHD ~~Nine Months Ended September 30, 2017 and 2016.~~(“Silver Rhythm”)

~~Revenue~~Malaysia HWGG agreed to offset the owing from Silver Rhythm by receiving common stock of Vitaxel Group Limited from Lim Chun Yen. Lim Chun Yen owes Silver Rhythm US$1,960,912 and Silver Rhythm owes Malaysia HWGG. To settle the debts, the 3 parties decided to enter into the shares agreement on October 2, 2017 to offset each other’s debt by using the common stock of Vitaxel owned by Lim Chun Yen.

~~We have~~Going ~~recognized~~Concern revenue of $186,636 and $19,052 for the nine months ended September 30, 2017 and 2016, respectively, with an increase of $167,584, or approximately 880%. The increase for the nine months ended September 30, 2017 was due to increase in exclusive travel membership business and the new income derive from billing on member for management fee.Consideration

~~Cost~~These consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of ~~Sales~~assets and the discharge of liabilities in the normal course of business for the foreseeable future.

~~Cost of~~For ~~sales for~~ the ~~nine~~period ~~months~~ ended ~~September~~March 3031, ~~2017 was $122~~2018,~~204,~~ ~~compared to $3,082 for~~ the Company ~~nine~~reported ~~months~~a ~~ended~~net ~~September~~loss 30of $1, ~~2016~~926,326 anand ~~increase~~working capital deficit of $~~119~~3,~~122~~275,718. The ~~increase~~Company ~~for~~had ~~the~~an ~~year~~accumulated ~~ended~~deficit ~~September 30~~of $3,125,860 ~~2017~~as ~~was~~of ~~due~~March to31, ~~cost~~2018 ofdue ~~sales~~to ~~relating~~the tofact that the ~~information technology~~Company ~~entity~~incurred ~~Beedo~~losses ~~that~~during ~~had~~the ~~been~~period ~~disposed~~ended noMarch ~~longer~~31, ~~incurred~~2018.

~~Gross~~Continuation of the Company as a going concern ~~Profit~~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. Notwithstanding this belief, there is no assurance, however, that the available funds will be available to the Company, and if available, will be sufficient for the needs of the Company. Currently, no person, including existing shareholders, is under any obligation to continue to extend credit to the Company and/or invest in the Company.

~~Gross profit~~These ~~was~~consolidation ~~$64,432~~financial ~~for~~statements do ~~the~~not ~~nine~~include ~~months~~any ~~ended~~adjustments ~~September~~to ~~30,~~reflect ~~2017,~~the ~~compared~~possible tofuture ~~gross~~effects ~~profit~~on ofthe ~~$15,970~~recoverability ~~for~~and ~~the~~classification ~~nine~~of ~~months~~assets ~~ended~~or the ~~September~~amounts ~~30,~~and ~~2016,~~classification ~~an increase~~ of ~~$48,462,~~liabilities orthat ~~303%.~~may ~~The~~result ~~increase~~from ~~was~~the ~~attributable~~outcome toof the ~~increase~~Company’s inability ~~revenue due~~ to ~~our~~continue ~~expansion and~~as ~~development~~a ~~of our businesses~~going concern.

~~Operating Expenses~~Off-Balance Sheet Arrangements

~~For the~~We ~~nine~~have ~~months~~no ~~ended~~“off-balance ~~September~~sheet ~~30,~~arrangements” (as ~~2017,~~the weterm ~~incurred~~is ~~total~~defined ~~operating expenses~~ in ~~the~~Item ~~amount~~303(a)(4)(ii) of ~~$689,537.~~Regulation ~~For~~S-K) ~~the~~including ~~nine~~arrangements ~~months ended~~that ~~September~~would ~~30,~~affect ~~2016,~~our ~~we incurred total operating expenses in the amount of $272~~liquidity,~~353.~~ ~~Operating expenses increased by $417,184~~capital ~~or 153%~~resources, ~~which~~market ~~was~~risk ~~mainly~~support ~~due~~and tocredit ~~the~~risk ~~increase~~support inor ~~discount rewards by $194,602, RCM dividends $75,141 and~~ other ~~expenses $147,441~~benefits.

~~Liquidity and~~Critical ~~Capital~~Accounting ~~Resources~~Policies and Estimates

AsUse of September 30, 2017, we had a cash balance of $142,965, accounts receivables of $200,384. During the nine months ended September 30, 2017, net cash used in operating activities totalled $454,760. Net cash used in investing activities totalled $2,691. Net cash generated in financing activities during the period totalled $284,810. The resulting change in cash for the period was a decrease of $220,050, which was primarily due to cash in from other payables and accrued expenses.Estimates

AsThe ofpreparation ~~September 30, 2016, we had a cash balance~~ of ~~$695,029.~~financial ~~During the nine months ended September 30,~~statements ~~2016,~~in ~~net~~conformity ~~cash~~with ~~provided~~U.S. byGAAP ~~operating~~requires ~~activities~~management ~~totalled~~to ~~$875,115.~~make ~~Net~~estimates ~~cash~~and ~~used~~assumptions inthat ~~investing~~affect ~~activities~~certain ~~totalled~~reported ~~$5,077.~~amounts ~~Net~~of ~~cash~~assets ~~used~~and inliabilities ~~financing~~and ~~activities~~disclosure ~~during~~of ~~the~~contingent ~~period~~assets ~~totalled~~and ~~$681,203.~~liabilities ~~The~~at ~~resulting~~the ~~change~~date inof ~~cash for~~ the ~~period~~financial ~~was~~statements anand ~~increase~~the ofreported amounts ~~$232,022,~~of ~~which~~revenues ~~was~~and ~~primarily~~expenses ~~due~~during tothe ~~cash~~reporting inperiods. ~~from~~Actual ~~other~~results ~~payables~~could ~~and~~differ ~~accrued~~from ~~expenses~~those estimates.

AsFair ofvalue ~~September 30, 2017, we had current liabilities~~ of ~~$4,347,606,~~financial ~~which was comprised of other payables and accruals of $4,060,553 and amount due to related party of $287,053.~~instruments

~~As of~~FASB ~~December~~ASC 31820, ~~2016,~~“Fair weValue ~~had~~Measurement,” specifies ~~current~~a ~~liabilities~~hierarchy of ~~$2,711,378,~~valuation ~~which~~techniques ~~was~~based ~~comprised~~upon ofwhether ~~other~~the ~~payables~~inputs ~~and~~to ~~accrual~~those ofvaluation ~~$2,444,571~~techniques reflect assumptions other ~~and~~market ~~amounts~~participants ~~due~~would touse ~~related~~based ~~party~~upon ofmarket ~~$266,807~~data obtained from independent sources (observable inputs). In accordance with ASC 820, the following summarizes the fair value hierarchy:

~~We had~~Level ~~total~~1 ~~stockholders’~~Inputs ~~deficit~~– ofUnadjusted ~~$1,064,908~~quoted market prices for identical assets and ~~$352,571~~liabilities asin ofan ~~September~~active ~~30,~~market ~~2017,~~that ~~December~~the ~~31,~~Company ~~2016,~~has ~~respectively~~the ability to access.

~~Going~~Level 2 Inputs – Inputs other than ~~Concern~~the ~~Consideration~~quoted prices in active markets that are observable either directly or indirectly.

~~These consolidated~~Level ~~financial~~3 ~~statements~~Inputs ~~have~~– ~~been~~Inputs ~~prepared~~based ~~assuming~~on ~~that~~prices or ~~the~~valuation ~~Company~~techniques ~~will~~that ~~continue~~are asboth aunobservable ~~going concern, which contemplates the realization of assets~~ and ~~the~~significant ~~discharge~~to ~~of liabilities in~~ the ~~normal~~overall ~~course~~fair ofvalue ~~business for the foreseeable future~~measurements.

3ASC 820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurements. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. As of March 31, 2018 and December 31, 2017, the Company has assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 of $930,017 and $2,544,644 respectively. Carrying values of non-derivative financial instruments, including cash, accounts receivables, payables and accrued liabilities, approximate their fair values due to the short term nature of these financial instruments. There were no changes in methods or assumptions during the periods presented.

For the period ended September 30, 2017, the Company reported a net loss of $669,529 and working capital deficit of $1,129,552. The Company had an accumulated deficit of $1,202,810 as of September 30, 2017.3

~~Continuation of~~The ~~the~~assets ~~Company~~measured asat afair ~~going~~value ~~concern~~on isa ~~dependent upon improving the profitability and the continuing financial support from its~~recurring ~~stockholders~~basis orsubject ~~other~~to ~~capital sources. Management believes that~~ the ~~continuing~~disclosure ~~financial~~requirements ~~support~~of ~~from~~ASC ~~the~~820 ~~existing~~as ~~shareholders or~~of ~~external~~March ~~debt~~31, ~~financing~~2018 ~~will~~and ~~provide~~December ~~the~~31, ~~additional~~2017 ~~cash~~are to$930,017 ~~meet~~and ~~the Company’s obligations as they become due~~$2,544,644 respectively.

~~These consolidation~~Revenue 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.recognition

~~Off~~The Company provides rental and junket operation services to customer. Rental revenue is recognized using the straight-~~Balance~~line method in accordance with ASC Topic 970-605, “Real ~~Sheet~~Estate ~~Arrangements~~– General – Revenue Recognition” (“ASC Topic 970-605”).

WeThe Company recognizes revenue pursuant ~~have~~to noAccounting ~~“off-balance~~Standards ~~sheet~~Codification ~~arrangements~~606 (“ASC 606”) Revenue from Contracts with Customers, the standard applies five step model (asi) The standard applies to a company’s contracts with customers (ii) The unit of account for revenue recognition under the ~~term~~new standard is ~~defined~~a inperformance ~~Item~~obligation ~~303~~(a good or service) and the performance obligations will be accounted for separately if they are distinct (4iii) The transaction price is determined based on the amount of consideration that a company expects to be entitled to from a customer (iiiv) ofThe ~~Regulation~~transaction ~~S-K~~price is allocated to all the separate performance obligations in an arrangement, and (v) ~~including~~Revenue will be recognized when an entity satisfies each performance obligation by transferring control of the promised ~~arrangements~~goods ~~that~~or ~~would~~services ~~affect~~to ~~our~~the ~~liquidity,~~customer. ~~capital~~Goods ~~resources,~~or ~~market~~services ~~risk~~can ~~support~~transfer ~~and~~at ~~credit~~a ~~risk~~point ~~support~~in time or ~~other~~over ~~benefits~~time.

~~Critical~~ Recent Accounting ~~Policies and Estimates~~Pronouncements

~~Use~~Leases : In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-2”), which provides guidance on lease amendments to the FASB Accounting Standard Codification. This ASU will be effective for us beginning in January 1, 2019. We are currently in the process of ~~Estimates~~evaluating ~~and~~the ~~Assumptions~~impact of the adoption of ASU 2016-2 on our consolidated financial statements.

Financial Instruments - Credit Losses: In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): The ~~preparation~~amendments ofin ~~consolidated~~this Update require a financial ~~statements~~asset in(or ~~conformity~~a ~~with~~group ~~generally~~of ~~accepted~~financial ~~accounting~~assets) ~~principles~~measured ~~requires~~at ~~management~~amortized cost basis to be presented at the net amount expected to ~~make~~be ~~estimates~~collected. ~~and~~The ~~assumptions~~amendments broaden the information that ~~affect~~an ~~the~~entity ~~reported~~must ~~amounts~~consider ofin developing its expected credit loss estimate for assets ~~and~~measured ~~liabilities~~either ~~and~~collectively ~~disclosure~~or individually. The use of ~~contingent~~forecasted ~~assets~~information incorporates ~~and~~more ~~liabilities~~timely atinformation in the ~~date~~estimate of expected credit loss, which will be more decision useful to users of the financial statements. ASU ~~and~~2016-13 is effective for the ~~reported~~Company ~~amounts~~for offiscal ~~revenues~~years ~~and~~beginning ~~expenses~~after ~~during~~December ~~the~~15, ~~period.~~2019, ~~Actual~~including interim periods within those ~~results~~fiscal ~~could~~years. ~~differ~~Early ~~from~~adoption is allowed as of the fiscal years beginning after December 15, 2018, including interim periods within those ~~estimates~~fiscal years. The Company is still evaluating the effect that this guidance will have on the Company’s consolidated financial statements and related disclosures.

~~Fair Value Measurements~~4

~~The Company~~ITEM applies the provisions of ASC Subtopic 820-10, “Fair Value Measurements”, for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements7A. ~~ASC~~Quantitative ~~820 also establishes a framework for measuring fair value~~ and ~~expands~~Qualitative ~~disclosures~~Disclosures ~~about fair~~About ~~value~~Market ~~measurements.~~Risk

~~Fair value~~Not isapplicable ~~defined as the price that would be received~~ to ~~sell~~smaller anreporting ~~asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date~~companies. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability.

~~ASC 820~~ITEM ~~establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value~~9A. ~~ASC~~Controls 820 establishes three levels of inputs that may be used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and ~~the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:~~Procedures

●Evaluation ~~Level~~of 1disclosure ~~inputs~~controls toand ~~the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets~~procedures.

●We ~~Level~~maintain 2controls ~~inputs~~and procedures that are designed to ensure that information required to be disclosed in the ~~valuation~~reports ~~methodology~~that ~~include~~we ~~quoted~~file ~~prices~~or ~~for~~submit ~~similar~~under ~~assets~~the Securities Exchange Act of 1934 is recorded, processed, summarized and ~~liabilities~~reported within the time periods specified in ~~active~~the ~~markets~~SEC’s rules and forms, and ~~inputs~~ that ~~are~~such ~~observable~~information ~~for~~is accumulated and communicated to our management including our principal executive and principal financial officer, as appropriate, to allow timely decisions regarding required disclosures. Based upon their evaluation of those controls and procedures performed as of the ~~assets~~end orof ~~liability~~the period covered by this report, ~~either~~our ~~directly~~principal executive and principal financial officer concluded that our disclosure controls and procedures were not effective in ensuring that: (i) information required to be disclosed by us in reports that we file or ~~indirectly~~submit to the SEC under the Exchange Act is recorded, ~~for~~processed, ~~substantially~~summarized and reported within the ~~full~~time ~~term~~periods ofspecified in applicable rules and forms and (ii) material information required to be disclosed in our reports filed under the ~~financial~~Exchange ~~instruments~~Act is accumulated and communicated to our management, including our CEO and CFO, as appropriate, to allow for accurate and timely decisions regarding required disclosure.

●Management’s ~~Level~~annual 3report ~~inputs~~on tointernal ~~the~~control over ~~valuation~~financial ~~methodology are unobservable and significant to the fair value~~reporting.

4Lim Chun Hoo, our Chief Executive Officer and Chief Financial Officer, is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 15d-15(f) promulgated under the Securities Exchange Act of 1934 as a process designed by, or under the supervision of, our principal executive and principal financial officer and effected by our Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and includes those policies and procedures that:

As a) pertain to the maintenance of ~~September~~records ~~30,~~that ~~2017~~in reasonable detail accurately and ~~December~~fairly ~~31,~~reflect ~~2016,~~the ~~short~~transactions ~~term~~and ~~investments~~dispositions ~~classified~~of asour ~~held-for-trading~~assets; ~~were~~b) ~~required~~provide reasonable assurance that transactions are recorded as necessary to bepermit ~~reported at~~preparation ~~fair~~of ~~value~~financial onstatements ain ~~recurring~~accordance ~~basis~~with ~~subject~~generally toaccepted ~~the~~accounting ~~disclosure~~principles, ~~requirements~~and that our receipts and expenditures are being made only in accordance with authorizations of ~~ASC~~management ~~820~~and our directors; and c) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

~~Recent~~Because of its inherent limitations, our internal control over ~~Accounting~~financial ~~Pronouncements~~reporting may not prevent or detect misstatements. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

~~Revenue Recognition:~~Our InChief ~~May~~Executive ~~2014,~~and Chief Financial Officer assessed the effectiveness ~~FASB~~of ~~issued~~our ~~ASU~~internal ~~No.~~control ~~2014-09,~~over ~~Revenue~~financial ~~from~~reporting ~~Contracts~~as ~~with~~of ~~Customers~~March ~~(Topic~~31, ~~606)~~2018. In ~~The~~making ~~amendments~~this assessment, management inused ~~ASU~~the ~~2015-14~~criteria ~~defer~~set ~~the~~forth ~~effective~~by ~~date~~the Committee of ~~ASU~~Sponsoring ~~2014-09~~Organizations ~~for~~of ~~all~~the ~~entities~~Treadway byCommission ~~one~~(“COSO”) ~~year.~~in Internal Control — Integrated ~~Public~~Framework ~~business~~(2013). A ~~entities,~~material ~~certain not-for-profit entities~~weakness, ~~and~~as ~~certain~~defined ~~employee~~by ~~benefit~~SEC ~~plans~~rules, ~~should~~is ~~apply~~a ~~the~~control ~~guidance~~deficiency, or incombination ~~ASU~~of ~~2014-09~~control todeficiencies, ~~annual~~such ~~reporting~~that ~~periods~~there ~~beginning~~is ~~after December~~a ~~15,~~reasonable ~~2017,~~possibility ~~including~~that ~~interim~~a ~~reporting~~material ~~periods~~misstatement ~~within~~of ~~that~~the ~~reporting~~annual or ~~period.~~interim ~~Earlier~~financial ~~application~~statements iswill ~~permitted~~not ~~only~~be ~~as of~~prevented ~~annual~~or ~~reporting~~detected ~~periods~~on ~~beginning~~a ~~after~~timely ~~December~~basis. ~~15,~~The ~~2016,~~material ~~including~~weaknesses ~~interim~~in ~~reporting~~internal ~~periods~~control over ~~within~~financial reporting that ~~reporting~~were ~~period.~~identified are:

~~Financial instrument~~a) :We Indid ~~January~~not ~~2016,~~maintain ~~the~~sufficient ~~FASB~~personnel ~~issued~~with ~~ASU~~an ~~No.~~appropriate ~~2016-01,~~level ~~“Financial~~of ~~Instruments~~technical -accounting ~~Overall~~knowledge, ~~(Subtopic~~experience, ~~825-10): Recognition~~ and ~~Measurement~~training in the application of ~~Financial~~GAAP ~~Assets~~commensurate ~~and~~with ~~Financial~~our ~~Liabilities”~~complexity ~~(“ASU~~and ~~2016-01”).~~our ~~The~~financial ~~standard~~accounting ~~addresses certain~~and ~~aspects~~reporting ofrequirements. ~~recognition,~~We ~~measurement,~~have ~~presentation,~~limited ~~and~~experience ~~disclosure~~in the areas of financial ~~instruments.~~reporting ~~ASU~~and ~~2016-01~~disclosure iscontrols ~~effective~~and ~~for fiscal~~procedures. ~~years~~Also, ~~and~~we ~~interim~~do ~~periods~~not ~~within~~have ~~those~~an ~~years,~~independent ~~beginning~~audit ~~after~~committee. ~~December~~As ~~15,~~a ~~2017~~result, ~~and~~there ~~early~~is ~~adoption~~a islack ~~not~~of ~~permitted. Accordingly,~~monitoring of the ~~standard~~financial isreporting ~~effective~~process ~~for~~and usthere onis ~~January~~a 1,reasonable ~~2018.~~possibility Wethat ~~are~~material ~~currently~~misstatements ~~evaluating~~of the ~~impact~~financial ~~that~~statements, ~~the~~including ~~standard~~disclosures, will ~~have~~ not be prevented or detected on ~~our~~a ~~consolidated~~timely ~~financial~~basis; ~~statements.~~and

~~Leases :~~b) InDue ~~February~~to ~~2016,~~our ~~the~~small ~~FASB issued ASU No. 2016-02~~size, ~~Leases~~our ~~(Topic~~segregation ~~842)~~of ~~(“ASU~~duties ~~2016-2”),~~in ~~which~~certain ~~provides~~areas ~~guidance on~~of ~~lease~~our ~~amendments~~financial toreporting ~~the~~process ~~FASB~~are ~~Accounting Standard Codification~~limited. This ~~ASU~~control ~~will~~deficiency, bewhich ~~effective~~is ~~for~~pervasive usin ~~beginning~~nature, results in ~~January~~a 1,reasonable ~~2019. We~~possibility ~~are~~that ~~currently~~material inmisstatements of the ~~process~~financial ofstatements ~~evaluating~~will ~~the~~not ~~impact~~be ofprevented ~~the~~or ~~adoption~~detected ofon ~~ASU~~a ~~2016-2~~timely onbasis. ~~our~~This ~~consolidated~~control ~~financial~~is ~~statements~~being implemented on stages.

~~Financial Instruments~~Based -on ~~Credit~~our ~~Losses: In June 2016~~assessment, ~~the~~our ~~FASB~~Chief ~~issued~~Executive ~~ASU~~and ~~2016-13,~~Chief Financial ~~Instruments - Credit Losses (Topic 326):~~ ~~The~~Officer ~~amendments~~believes in this Update require a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The amendments broaden the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually. The use of forecasted information incorporates more timely information in the estimate of expected credit loss, which will be more decision useful to users of the financial statements. ASU 2016-13 is effective for the Company for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is allowed as of ~~the~~March ~~fiscal years beginning after December 15~~31, 2018, ~~including~~our ~~interim periods~~internal ~~within~~control ~~those~~over ~~fiscal~~financial ~~years.~~reporting ~~The Company~~ is ~~still~~not ~~evaluating~~effective ~~the~~based ~~effect that this guidance will have~~ on ~~the~~those ~~Company’s consolidated financial statements and related disclosures~~criteria.

The Financial Accounting Standards Board and other entities issued new or modifications to, or interpretations of, existing accounting guidance during 2017. Management has carefully considered the new pronouncements that altered generally accepted accounting principles and does not believe that any other new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term.5

~~ITEM~~Accordingly, management believes, based on its knowledge, that 3.(1) ~~QUANTITATIVE~~this ~~AND~~report ~~QUALITATIVE~~does ~~DISCLOSURES~~not ~~ABOUT~~contain ~~MARKET~~any ~~RISK~~untrue statement of a material fact or omit to state a material face necessary to make the statements made not misleading with respect to the period covered by this report, and (2) the financial statements, and other financial information included in this report, fairly present in all material respects our financial condition, results of operations and cash flows for the years and periods then ended.

WeThis report does not include an attestation report of our independent ~~are~~registered apublic ~~smaller~~accounting firm regarding internal control over financial reporting. Management’s ~~company~~report aswas ~~defined~~not subject to attestation by ~~Rule~~our ~~12b-2~~independent ofregistered ~~the~~public ~~Securities~~accounting ~~Exchange~~firm ~~Act~~pursuant ofto ~~1934~~rules ~~and,~~of asthe ~~such,~~SEC ~~are~~that ~~not~~permit ~~required~~ us to provide only ~~the~~management’s ~~information~~report ~~under~~in this ~~item~~report.

5Changes in internal control over financial reporting.

~~ITEM~~There were no changes in our internal control over financial 4.reporting ~~CONTROLS~~during ~~AND~~the ~~PROCEDURES~~first quarter ended March 31, 2018, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

~~Evaluation of~~PART ~~Disclosure~~II ~~Controls~~– ~~and~~OTHER ~~Procedures~~INFORMATION

~~We maintain~~ITEM controls and procedures that are designed to ensure that information required to be disclosed in the reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management including our principal executive and principal financial officer, as appropriate, to allow timely decisions regarding required disclosures1. ~~Based~~ ~~upon~~Legal their evaluation of those controls and procedures performed as of the end of the period covered by this report, our principal executive and principal financial officer concluded that our disclosure controls and procedures were not effective in ensuring that: (i) information required to be disclosed by us in reports that we file or submit to the SEC under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in applicable rules and forms and (ii) material information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow for accurate and timely decisions regarding required disclosure.Proceedings

~~As required~~We byare ~~Rule~~not ~~13a-15(e),~~currently ~~our~~involved ~~management~~in ~~has~~any ~~carried~~pending ~~out~~or anthreatened ~~evaluation, with the participation and under the supervision of~~material ~~Lim~~litigation ~~Chun~~or ~~Hoo,~~other ~~our~~material ~~Chief~~legal ~~Executive Officer and Chief Financial Officer~~proceedings, ofnor ~~the~~have ~~effectiveness~~we ofbeen ~~the~~made ~~design~~aware ~~and operation~~ of ~~our disclosure~~any ~~controls~~pending ~~and~~or ~~procedures,~~threatened asregulatory ~~of September 30, 2017~~audits. ~~Based upon, and as of the date of this evaluation, Lim Chun Hoo determined that our disclosure controls and procedures were not effective and reflected the following material weaknesses:~~

a)ITEM We did not maintain sufficient personnel with an appropriate level of technical accounting knowledge, experience, and training in the application of GAAP commensurate with our complexity and our financial accounting and reporting requirements2. WeRisk have limited experience in the areas of financial reporting and disclosure controls and procedures. Also, we do not have an independent audit committee. As a result, there is a lack of monitoring of the financial reporting process and there is a reasonable possibility that material misstatements of the financial statements, including disclosures, will not be prevented or detected on a timely basis; andFactors

b)AN ~~Due~~INVESTMENT toIN ~~our~~OUR ~~small~~SECURITIES ~~size,~~IS weHIGHLY doSPECULATIVE ~~not~~AND INVOLVES ~~have~~A aHIGH ~~proper~~DEGREE ~~segregation~~OF ofRISK. ~~duties~~WE inFACE ~~certain~~A ~~areas~~VARIETY ofOF ~~our~~RISKS ~~financial~~THAT ~~reporting~~MAY ~~process.~~AFFECT ~~The~~OUR ~~areas~~OPERATIONS ~~where~~OR weFINANCIAL ~~have~~RESULTS aAND ~~lack~~MANY ofOF ~~segregation~~THOSE RISKS ofARE ~~duties~~DRIVEN ~~include~~BY ~~cash~~FACTORS ~~receipts~~THAT ~~and~~WE ~~disbursements~~CANNOT CONTROL OR PREDICT. BEFORE INVESTING IN THE SECURITIES YOU SHOULD CAREFULLY CONSIDER THE FOLLOWING RISKS, ~~approval~~TOGETHER ofWITH ~~purchases~~THE ~~and~~FINANCIAL ~~approval~~AND ofOTHER ~~accounts~~INFORMATION ~~payable~~CONTAINED ~~invoices~~IN ~~for~~THIS ~~payment~~REPORT. ~~This~~IF ~~control~~ANY ~~deficiency~~OF THE FOLLOWING RISKS ACTUALLY OCCURS, ~~which~~OUR isBUSINESS, ~~pervasive~~PROSPECTS, inFINANCIAL ~~nature~~CONDITION AND RESULTS OF OPERATIONS COULD BE MATERIALLY ADVERSELY AFFECTED. IN THAT CASE, ~~results~~THE inTRADING aPRICE ~~reasonable~~OF ~~possibility~~OUR ~~that~~COMMON ~~material~~STOCK ~~misstatements~~WOULD ofLIKELY ~~the~~DECLINE ~~financial~~AND ~~statements~~YOU ~~will~~MAY ~~not~~LOSE beALL ~~prevented~~OR orA ~~detected~~PART onOF aYOUR ~~timely~~INVESTMENT. ~~basis~~ONLY THOSE INVESTORS WHO CAN BEAR THE RISK OF LOSS OF THEIR ENTIRE INVESTMENT SHOULD CONSIDER AN INVESTMENT IN OUR SECURITIES.

~~Changes~~THIS REPORT CONTAINS CERTAIN STATEMENTS RELATING TO FUTURE inEVENTS ~~Internal~~OR ~~Control~~THE ~~over~~FUTURE ~~Financial~~FINANCIAL ~~Reporting~~PERFORMANCE OF OUR COMPANY. PROSPECTIVE INVESTORS ARE CAUTIONED THAT SUCH STATEMENTS ARE ONLY PREDICTIONS AND INVOLVE RISKS AND UNCERTAINTIES, AND THAT ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY. IN EVALUATING SUCH STATEMENTS, PROSPECTIVE INVESTORS SHOULD SPECIFICALLY CONSIDER THE VARIOUS FACTORS IDENTIFIED IN THIS REPORT, INCLUDING THE MATTERS SET FORTH BELOW, WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS.

~~During~~ If any of the ~~fiscal~~following ~~quarter~~or ~~ended~~other ~~September~~risks 30materialize, ~~2017~~the Company’s business, ~~there~~financial ~~were~~condition, noand ~~changes~~results inof ~~our~~operations ~~internal~~could ~~control~~be ~~over~~materially ~~financial~~adversely ~~reporting~~affected ~~that~~which, ~~has~~in ~~materially affected~~turn, orcould isadversely impact ~~reasonably~~the ~~likely~~value toof ~~materially~~our ~~affect~~Common Stock. In such a case, investors in our ~~internal~~Common ~~control~~Stock ~~over~~could ~~financial~~lose ~~reporting~~all or part of their investment.

~~PART~~Prospective investors should consider carefully whether an investment IIin –the ~~OTHER~~Company ~~INFORMATION~~is suitable for them in light of the information contained in this Report and the financial resources available to them. The risks described below do not purport to be all the risks to which the Company or the Company could be exposed. This section is a summary of certain risks and is not set out in any particular order of priority. They are the risks that we presently believe are material to the operations of the Company. Additional risks of which we are not presently aware or which we presently deem immaterial may also impair the Company’s business, financial condition or results of operations.

~~ITEM 1. LEGAL PROCEEDINGS~~6

~~From time~~Risks Related to ~~time,~~our weBusiness ~~may become involved in various lawsuits~~ and ~~legal proceedings, which arise in~~ the ~~ordinary~~Industry ~~course of business. However, litigation is subject to inherent uncertainties, and an adverse result~~ in ~~these~~Which ~~or other matters may arise from time to time that may harm business.~~ We ~~are currently not aware of any such legal proceedings or claims that will have, individually~~ ~~or in the aggregate, a material adverse affect on our business, financial condition or operating results.~~Operate

~~ITEM~~We have a limited operating history upon which investors ~~1A.~~can ~~RISK~~evaluate ~~FACTORS~~our future prospects.

~~There~~HWGG did not enter the travel planning and information technology ~~have~~services ~~been~~industry nountil ~~material~~2015. ~~changes~~Accordingly, it is difficult for our management and our investors to accurately forecast and evaluate our future prospects and our financial results. Our operations are therefore subject to all of the ~~risk~~risks ~~factors~~inherent ~~that~~in welight ~~previously~~of ~~disclosed~~the expenses, difficulties, complications and delays frequently encountered in connection with the formation of any new business, as well as those risks that are specific to our ~~Annual~~business ~~Report~~in onparticular. ~~Form~~An ~~10-K~~investment ~~for~~in ~~the~~an ~~fiscal~~early stage company such as ours involves ~~year~~a ~~ended~~degree ~~December~~of 31risk, ~~2016~~including the possibility that entire investments may be lost. The risks include, but are not limited to, the possibility that we ~~filed~~will ~~with~~not be able to develop expected marketing and distribution channels, attract sufficient numbers of members, or products and/or services which will be accepted in the ~~Securities~~market. To successfully introduce and ~~Exchange~~market ~~commission~~our onproducts ~~April~~and 17services, we ~~2017~~must establish brand name recognition and competitive advantages for our products and services. There are no assurances that we can successfully address these challenges. If we are unsuccessful, we and our business, financial condition and operating results will be materially and adversely affected.

~~ITEM~~Our business is sensitive to 2the willingness of our customers to travel. ~~UNREGISTERED~~Acts ~~SALES~~of OFterrorism, ~~EQUITY~~regional ~~SECURITIES~~political ~~AND~~events ~~USE~~and OFdevelopments ~~PROCEEDS~~in the conflicts in certain countries could cause severe disruptions in travel that reduce the number of our active members, resulting in a material adverse effect on our financial condition, results of operations or cash flows.

~~None~~We are dependent on the willingness of our customers and members to travel. Acts of terrorism may severely disrupt domestic and international travel, which would result in a decrease in customers desire to travel. Regional conflicts could have a similar effect on domestic and international travel. Management cannot predict the extent to which disruptions in air or other forms of travel as a result of any further terrorist act, outbreak of hostilities or escalation of war would have an adverse effect on our financial condition, results of operations or cash flows.

~~ITEM~~Natural or man-made disasters, 3.an ~~DEFAULTS~~outbreak ~~UPON~~of ~~SENIOR~~highly ~~SECURITIES~~infectious disease, terrorist activity or war could adversely affect customers’ willingness to travel and disrupt our operations, resulting in a material adverse effect on our financial condition, results of operations or cash flows.

~~None~~So called “Acts of God,” such as typhoons, particularly in Macao, and other natural disasters, man-made disasters, outbreaks of highly infectious diseases, such as avian flu, SARS and H1N1 flu, terrorist activity or war may result in decreases in travel to and from, and economic activity in, areas in which we offer travel discounts, packages and awards and may adversely affect the number of our active members. Any of these events also may disrupt our ability to adequately staff our business, could generally disrupt our operations and could have a material adverse effect on our financial condition, results of operations or cash flows.

6We will rely on third parties to develop the products and services which we offer and sell.

~~ITEM~~We will not develop the travel products, packages and services 4which we offer and sell. ~~MINE~~Therefore, ~~SAFETY~~our ~~DISCLOSURES~~success will substantially depend upon our ability to develop, maintain and expand our strategic relationships with our partners. Any impairment in our relationship with these partners could have a material adverse effect on our business, results of operations, cash flow and financial condition. There can be no assurance that we will be able to retain these relationships on commercially reasonable terms, if at all.

~~Not applicable~~Our toproducts ~~our~~and ~~operations~~services may not be accepted in the market.

~~ITEM~~We cannot be certain that the products and services which we 5may determine to market and sell will achieve or maintain market acceptance. ~~OTHER~~Market ~~INFORMATION~~acceptance of our products and services depends on many factors, including our ability to convince individuals to join our Exclusive Travel Membership, present our products and services as more attractive than competing products and services and price products and services competitively.

~~Reverse~~If we are unable to retain our existing members and recruit ~~Stock~~additional ~~Split~~members, our revenue will not increase and may even decline.

~~On July~~Our ~~12,~~members ~~2017,~~may ~~the~~terminate ~~Board~~their ofservices ~~Directors~~at ofany Hotime ~~Wah Genting Group Limited (“ HWGG “) authorized~~ and ~~approved~~we ~~an amendment~~will ~~(the~~experience “relatively ~~Amendment~~high “)turnover toamong ~~HWGG’s~~our ~~Amended~~members ~~and~~from ~~Restated~~year ~~Articles~~to ofyear. ~~Incorporation,~~People ~~which~~who ~~authorized~~join aus ~~two-~~to~~-one reverse~~ ~~stock~~purchase ~~split~~our ~~(the~~products ~~“Reverse~~and ~~Split”) of HWGG’s outstanding common stock, par value $0.0001 per share, with~~services afor ~~record~~personal ~~date~~consumption offrequently ~~July~~will ~~14,~~only ~~2017~~stay ~~(the “ Record Date “). In connection~~ with ~~the~~us ~~reverse~~for ~~stock split, the Board of Directors of HWGG, also authorized and approved~~ a ~~related~~short ~~increase in the par value of the HWGG common stock from $0~~time.~~0001~~ ~~per~~To ~~share~~increase toour ~~$0.0002 per~~revenue, ~~share.~~we Wemust ~~expect that the Reverse Stock Split will (i)~~ increase the ~~marketability and liquidity of our common stock; (ii)~~number ~~address the reluctance~~ of ~~brokerage firms and institutional investors to recommend lower-priced stocks to their clients or to hold in their own portfolios; and (iii) enable us to strengthen the quotation of~~ our ~~common stock on the OTC Markets, Inc~~members. ~~QB Tier.~~

~~On August 9, 2017 we received approval from the Financial Industry Regulatory Authority (“FINRA”) to effectuate the Reverse Split at the open of business on August 11, 2017.~~7

~~ITEM~~If our initiatives do not drive growth in the number of our members 6our operating results could be harmed. ~~EXHIBITS~~Our operating results could be harmed if we do not generate sufficient interest in our business and or products and services to retain and motivate our existing members and attract new members to join us.

Exhibit No.		Exhibit Description
31.1		Certification of the Chief Executive and Financial Officer required under Rule 13a-14(a)/15d-14(a) of the Exchange Act
32.1		Certification of the Chief Executive and Financial Officer required under Section 1350 of the Exchange Act
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Schema
101.CAL		XBRL Taxonomy Extension Calculation Linkbase
101.DEF		XBRL Taxonomy Extension Definition Linkbase
101.LAB		XBRL Taxonomy Extension Label Linkbase
101.PRE		XBRL Taxonomy Extension Presentation Linkbase

The number and productivity of our members could be harmed by several additional factors, including:

7● any adverse publicity regarding us, our products and services, our distribution channels, or our competitors;

~~SIGNATURES~~● lack of interest in, dissatisfaction with, or the technical failure of, existing or new products and services;

~~Pursuant to~~● ~~the~~lack ~~requirements~~ of ~~the~~compelling ~~Securities~~products ~~Exchange~~or ~~Act~~services ofor ~~1934,~~income ~~the~~opportunities ~~registrant~~that ~~has~~generate ~~duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.~~interest;

	HO WAH GENTING GROUP LIMITED
Date November 14, 2017	By: /s/ Lim Chun Hoo
	Lim Chun Hoo
	Chief Executive and Chief Financial Officer

●

any negative public perception of our products and services;

8● our actions to enforce our policies and procedures;

●

any regulatory actions or charges against us or others in our industry;

●

general economic and business conditions; and

●

potential saturation or maturity levels in a given country or market which could negatively impact our ability to attract and retain members in such market.

Laws and regulations may prohibit or severely restrict the business that we are involved in and cause our revenue and profitability to decline, and regulators could adopt new regulations that harm our business.

Various government agencies throughout the world regulate travelling and entertainment practices. Different country has different laws and regulations, in certain of the jurisdictions in which we operate and expect to operate are stringent than others and subject to broad discretion in enforcement by regulators.

Complying with these widely varying and sometimes inconsistent rules and regulations can be difficult, time-consuming and expensive, and may require significant resources. The laws and regulations may modify from time to time. This can require us to make changes to our business model and aspects of our sales plan in the markets impacted by such changes. If we are unable to continue business in existing markets or commence operations in new markets because of these laws, our revenue and profitability may decline.

Adverse publicity concerning our business, marketing plan, products and services or people could harm our business and reputation.

Expected growth in our member base and consumers and our results of operations can be particularly impacted by adverse publicity regarding us, the nature business model, our products and services or the actions of our members and employees. Given the nature of our operations and our continuous need to recruit and retain consumers and members, we are particularly vulnerable to adverse publicity.

Critics of our industry and individuals who want to pursue an agenda may, in the future, utilize the Internet, the press and other means to publish criticisms of the industry, our company and our competitors, or make allegations regarding our business and operations, or the business and operations of our competitors. We or others in our industry may receive similar negative publicity or allegations in the future, and it may harm our business and reputation.

Our ability to conduct business in international markets may be affected by political, legal, tax and regulatory risks.

Our ability to capitalize on growth in international markets is exposed to risks associated with our international operations, including:

●

the possibility that a foreign government might ban or severely restrict our business method (especially our junket business), or that local civil unrest, political instability or changes in diplomatic or trade relationships might disrupt our operations in an international market;

●

the lack of well-established or reliable legal systems in certain areas where we operate or expect to operate;

●

the presence of high inflation in the economies of international markets in which we operate or expect to operate;

●

the possibility that a government authority might impose legal, tax or other financial burdens on us or our sales force, due, for example, to the structure of our operations in various markets;

●

the possibility that a government authority might challenge the status of our sales force as independent contractors or impose employment or social taxes on our sales force; and

●

the possibility that governments may impose currency remittance restrictions limiting our ability to repatriate cash.

Government authorities may question our tax or customs positions or change their laws in a manner that could increase our effective tax rate or otherwise harm our business.

As a U.S. company doing business globally, we are subject to all applicable tax and customs laws, including those relating to intercompany pricing regulations and transactions between our corporate entities in the jurisdictions in which we do business. We expect that periodically we will be audited by tax and customs authorities around the world. If authorities challenge our tax or customs positions, including those regarding transfer pricing and customs valuation and classification, we may be subject to penalties, interest and payment of back taxes or customs duties. Since tax rates vary from country to country, any tax assessments might also impact our ability to fully utilize foreign tax credits on our U.S. consolidated tax return. The tax and customs laws in each jurisdiction are continually changing and are further subject to interpretation by the local government agencies. Despite our best efforts to be aware of and comply with tax and customs laws, including changes to and interpretations thereof, there is a potential risk that the local authorities may argue that we are out of compliance. Such situations may require that we defend our positions and/or adjust our operating procedures in response to such changes. Any or all of these potential risks may increase our effective tax rate or otherwise harm our business.

We do not carry any business interruption insurance, product liability or recall insurance or third-party liability insurance.

Our business operations may involve many risks, including natural disasters, labor disturbances, business interruptions, property damage, personal injury and death. We do not carry any business interruption insurance or third-party liability insurance for our business to cover claims in respect of personal injury or property or environmental damage arising from accidents on our property or relating to our operations. Therefore, we may not have insurance coverage sufficient to cover all risks associated with our business. As a result, we may be required to pay for financial and other losses, damages and liabilities, including those caused by natural disasters and other events beyond our control, out of our own funds, which could have a material adverse effect on our business, financial condition and results of operations.

We depend on our key personnel, and the loss of the services provided by any of our executive officers or other key employees could harm our business and results of operations.

Our success depends to a significant degree upon the continued contributions of our senior management and other key employees, many of whom would be difficult to replace. Our senior management and key employees may voluntarily terminate their employment with us at any time. In addition, we need to continue to attract and develop qualified management personnel to sustain growth in our markets. If we are not able to successfully retain existing personnel and identify, hire and integrate new personnel, our business and growth prospects could be harmed.

The inability of our products and services and other initiatives to gain or maintain sales force and market acceptance could harm our business.

Our operating results could be adversely affected if our products and services, business opportunities, and other initiatives do not generate sufficient enthusiasm and economic benefit to retain our existing consumers and sales force or to attract new consumers and people interested in joining our sales force. Potential factors affecting the attractiveness of our products and services, business opportunities, and other initiatives include, among other items, perceived product and service quality, product and service exclusivity or effectiveness, economic success in our business opportunity, adverse media attention or regulatory restrictions on claims.

In addition, our ability to develop and introduce new products and services could be impacted by, among other items, government regulations, the inability to attract and retain qualified development staff, the termination of third-party collaborative arrangements, intellectual property of competitors that may limit our ability to offer innovative products and services or that challenge our own intellectual property, and difficulties in anticipating changes in consumer tastes and buying preferences.

One of the challenges we face is keeping our members motivated and actively engaged and in developing new members. There can be no assurance that our initiatives will generate excitement among our sales force in the long-term or that planned initiatives will be successful in maintaining sales force activity and productivity or in motivating members to remain engaged and developing new members. Some initiatives may have unanticipated negative impacts on our sales force, particularly changes to our sales compensation plans. In addition, if any of our products or services fails to gain acceptance, we could see an increase in returns.

Our markets are intensely competitive and market conditions and the strengths of competitors may harm our business.

The markets for our products and services are intensely competitive. Our results of operations may be harmed by market conditions and competition in the future. Many competitors have much greater name recognition and financial resources than we have, which may give them a competitive advantage.

We also compete with other companies to attract and retain our sales force and consumers. Some of these competitors have longer operating histories and greater visibility, name recognition and financial resources than we do. Some of our competitors may adopt some of our business strategies, including our global sales compensation plan. Consequently, to successfully compete in this industry, and attract and retain our sales force and consumers, we must ensure that our business opportunities and sales compensation plans are financially rewarding. We believe we have significant competitive advantages, but we cannot assure that we will be able to continue to successfully compete in this industry.

Any failure of our internal controls over financial reporting or our compliance efforts could harm our stock price and our financial and operating results or could result in fines or penalties.

We have implemented internal controls to help ensure the accuracy of our financial reporting and have implemented compliance policies and programs to help ensure that our employees and sales force comply with applicable laws and regulations. We regularly assess the effectiveness of our internal controls. There can be no assurance, however, that our internal or external assessments and audits will identify all significant or material weaknesses in our internal controls. Any failure to correct a weakness in internal controls could result in the disclosure of a material weakness. If a material weakness results in a material misstatement in our financial results, we may also have to restate our financial statements.

From time to time, we may initiate further investigations into our business operations based on the results of our internal and external audits or on complaints, questions or allegations made by employees or other parties regarding our business practices and operations. In addition, our business and operations may be investigated by applicable government authorities. In the event any of these investigations identify material violations of applicable laws by our employees or our sales force, we could be subject to adverse publicity, fines, penalties or loss of licenses or permits.

Cyber security risks and the failure to maintain the integrity of company, employee, sales force or guest data could expose us to data loss, litigation and liability, and our reputation could be significantly harmed.

We will collect and retain large volumes of company, employee, sales force and guest data, including credit card numbers and other personally identifiable information, for business purposes, including for transactional and promotional purposes, and our various information technology systems enter, process, summarize and report such data. The integrity and protection of this data is critical to our business. We are subject to significant security and privacy regulations, as well as requirements imposed by the credit card industry. Maintaining compliance with these evolving regulations and requirements could be difficult and may increase our expenses. In addition, a penetrated or compromised data system or the intentional, inadvertent or negligent release or disclosure of data could result in theft, loss or fraudulent or unlawful use of company, employee, sales force or guest data which could harm our reputation, disrupt our operations, or result in remedial and other costs, fines or lawsuits.

Some of the markets in which we operate may become highly inflationary, which could negatively impact our financial position, results of operations or cash flows.

In some of our markets, we face risks associated with high levels of inflation. High levels of inflation and currency devaluations in any of our markets could negatively impact our balance sheet and results of operations.

Some of the markets in which we operate have currency controls in place, which may restrict our repatriation of cash.

If foreign governments restrict transfers of cash out of their country and control exchange rates, we may be limited as to the timing and amount of cash we can repatriate and may not be able to repatriate cash at beneficial exchange rates, which could have a material adverse effect on our financial position, results of operations or cash flows.

Our business could be severely harmed if the Malaysian government changes its policies, laws, regulations, tax structure or its current interpretations of its laws, rules and regulations relating to our operations in Malaysia.

Our business is located in Kuala Lumpur, Malaysia and virtually all of our assets are located in Malaysia. Majority of our members and customers are located in Malaysia. Our results of operations, financial state of affairs and future growth are, to a significant degree, subject to Malaysia’s economic, political and legal development and related uncertainties. Our operations and results could be materially affected by a number of factors, including, but not limited to

●	Changes in policies by the Malaysian government resulting in changes in laws or regulations or the interpretation of laws or regulations,
●	changes in taxation,
●	changes in employment restrictions,
●	import duties, and
●	currency revaluation.

Failure to comply with the U.S. foreign corrupt practices act and Chinese anti-corruption laws could subject us to penalties and other adverse consequences.

Our executive officers, employees and other agents may violate applicable law in connection with the marketing or sale of our products and services, including China’s anti-corruption laws and the U.S. Foreign Corrupt Practices Act, or the FCPA, which generally prohibits United States companies from engaging in bribery or other prohibited payments to foreign officials for the purpose of obtaining or retaining business. In addition, we are required to maintain records that accurately and fairly represent our transactions and have an adequate system of internal accounting controls. The PRC also strictly prohibits bribery of government officials. However, corruption, extortion, bribery, pay-offs, theft and other fraudulent practices occur from time-to-time in the PRC.

While we intend to implement measures to ensure compliance with the FCPA and Chinese anti-corruption laws by all individuals involved with our company, our employees or other agents may engage in such conduct for which we might be held responsible. If our employees or other agents are found to have engaged in such practices, we could suffer severe penalties and other consequences that may have a material adverse effect on our business, financial condition and results of operations. In addition, our brand and reputation, our sales activities or the price of our ordinary shares could be adversely affected if we become the target of any negative publicity as a result of actions taken by our employees or other agents.

We have not had, and do not intend to have, any current or historic experience with non-compliance with FCPA or Chinese anti-corruption laws.

Risks Related to our Financial Condition

We have a history of losses and we may not achieve or sustain profitability in the future.

We have incurred losses since our inception. We anticipate that our operating expenses will increase in the foreseeable future as we continue to invest to grow our business, engage new members, and develop our e-commerce platform. These efforts may prove more expensive than we currently anticipate, and we may not succeed in generating sufficient revenues to offset these higher expenses. If we are unable to do so, the Company and its business, financial condition and operating results could be materially and adversely affected.

Our operating losses raise substantial doubt about our ability to continue as a going concern. If we do not continue as a going concern, investors could lose their entire investment.

Our historical operating losses and sufficient revenues to support our cost structure raise substantial doubt about our ability to continue as a going concern. If we do not generate sufficient revenues, do not achieve profitability and do not have other sources of financing for our business, we may have to curtail or cease our development plans and operations, which could cause investors to lose the entire amount of their investment. For the period ended March 31, 2018, the Company reported a net loss of $1,926,326 and working capital deficit of $3,275,718. The Company had an accumulated deficit of $3,125,860 as of March 31, 2018 due to the fact that the Company incurred losses during the period ended March 31, 2018. For the year ended December 31, 2017, we reported a net loss of $746,793 and working capital deficit of $1,309,010. The Company had an accumulated deficit of $1,215,994 as of December 31, 2017 due to the fact that the Company incurred losses during the year ended December 31, 2017. 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. Notwithstanding this belief, there is no assurance, however, that the available funds will be available to the Company, and if available, will be sufficient for the needs of the Company. Currently, no person, including existing shareholders, is under any obligation to continue to extend credit to the Company and/or invest in the Company.

Our reported financial results may be adversely affected by changes in accounting principles generally accepted in the United States.

Generally accepted accounting principles in the United States are subject to interpretation by the Financial Accounting Standards Board, the American Institute of Certified Public Accountants, the Securities and Exchange Commission and various bodies formed to promulgate and interpret appropriate accounting principles. A change in these principles or interpretations could have a significant effect on our reported financial results, and could affect the reporting of transactions completed before the announcement of a change.

We may incur significant costs to ensure compliance with United States corporate governance and accounting requirements.

We may incur significant costs associated with our public company reporting requirements, costs associated with newly applicable corporate governance requirements, including requirements under the Sarbanes-Oxley Act of 2002 and other rules implemented by the Securities and Exchange Commission. We expect all of these applicable rules and regulations to significantly increase our legal and financial compliance costs and to make some activities more time consuming and costly. We also expect that these applicable rules and regulations may make it more difficult and more expensive for us to obtain director and officer liability insurance and we may be required to accept reduced policy limits and coverage or incur substantially higher costs to obtain the same or similar coverage. As a result, it may be more difficult for us to attract and retain qualified individuals to serve on our board of directors or as executive officers. We are currently evaluating and monitoring developments with respect to these newly applicable rules, and we cannot predict or estimate the amount of additional costs we may incur or the timing of such costs. HWGG, our operating company, is newly reporting and we are adjusting to the increased disclosure requirements for us to comply with corporate governance and accounting requirements.

Investment Risks

You could lose all of your investment.

An investment in our securities is speculative and involves a high degree of risk. Potential investors should be aware that the value of an investment in the Company may go down as well as up. In addition, there can be no certainty that the market value of an investment in the Company will fully reflect its underlying value. You could lose your entire investment.

You may experience dilution of your ownership interests because of the future issuance of additional shares of our common or preferred stock or other securities that are convertible into or exercisable for our common or preferred stock.

In the future, we may issue our authorized but previously unissued equity securities, resulting in the dilution of the ownership interests of our present stockholders. The Company will be authorized to issue an aggregate of 1,500,000,000 shares of Common Stock. We may issue additional shares of our Common Stock or other securities that are convertible into or exercisable for our Common Stock in connection with hiring or retaining employees, future acquisitions, future sales of our securities for capital raising purposes, or for other business purposes. The future issuance of any such additional shares of our Common Stock may create downward pressure on the trading price of the Common Stock. We will need to raise additional capital in the near future to meet our working capital needs, and there can be no assurance that we will not be required to issue additional shares, warrants or other convertible securities in the future in conjunction with these capital raising efforts, including at a price (or exercise prices) below the price you paid for your stock.

Our Common Stock is subject to the “penny stock” rules of the SEC and the trading market in the securities is limited, which makes transactions in the stock cumbersome and may reduce the value of an investment in the stock.

Rule 15g-9 under the Exchange Act establishes the definition of a “penny stock,” for the purposes relevant to us, as any equity security that has a market price of less than $5.00 per share or with an exercise price of less than $5.00 per share, subject to certain exceptions. For any transaction involving a penny stock, unless exempt, the rules require: (a) that a broker or dealer approve a person’s account for transactions in penny stocks; and (b) the broker or dealer receive from the investor a written agreement to the transaction, setting forth the identity and quantity of the penny stock to be purchased.

In order to approve a person’s account for transactions in penny stocks, the broker or dealer must: (a) obtain financial information and investment experience objectives of the person and (b) make a reasonable determination that the transactions in penny stocks are suitable for that person and the person has sufficient knowledge and experience in financial matters to be capable of evaluating the risks of transactions in penny stocks.

The broker or dealer must also deliver, prior to any transaction in a penny stock, a disclosure schedule prescribed by the SEC relating to the penny stock market, which, in highlight form: (a) sets forth the basis on which the broker or dealer made the suitability determination; and (b) confirms that the broker or dealer received a signed, written agreement from the investor prior to the transaction. Generally, brokers may be less willing to execute transactions in securities subject to the “penny stock” rules. This may make it more difficult for investors to dispose of our Common Stock and cause a decline in the market value of our Common Stock.

Disclosure also has to be made about the risks of investing in penny stocks in both public offerings and in secondary trading and about the commissions payable to both the broker or dealer and the registered representative, current quotations for the securities and the rights and remedies available to an investor in cases of fraud in penny stock transactions. Finally, monthly statements have to be sent disclosing recent price information for the penny stock held in the account and information on the limited market in penny stocks.

Our stock may be traded infrequently and in low volumes, so you may be unable to sell your shares at or near the quoted bid prices if you need to sell your shares.

Until our Common Stock is listed on a national securities exchange such as the New York Stock Exchange or the Nasdaq Stock Market, we expect our Common Stock to remain eligible for quotation on the OTC Markets, or on another over-the-counter quotation system, or in the “pink sheets.” In those venues, however, the shares of our Common Stock may trade infrequently and in low volumes, meaning that the number of persons interested in purchasing our common shares at or near bid prices at any given time may be relatively small or non-existent. An investor may find it difficult to obtain accurate quotations as to the market value of our Common Stock or to sell his or her shares at or near bid prices or at all. In addition, if we fail to meet the criteria set forth in SEC regulations, various requirements would be imposed by law on broker-dealers who sell our securities to persons other than established customers and accredited investors. Consequently, such regulations may deter broker-dealers from recommending or selling our Common Stock, which may further affect the liquidity of our Common Stock. This would also make it more difficult for us to raise capital.

We do not anticipate paying dividends on our Common Stock, and investors may lose the entire amount of their investment.

Cash dividends have never been declared or paid on our Common Stock, and we do not anticipate such a declaration or payment for the foreseeable future. We expect to use future earnings, if any, to fund business growth. Therefore, stockholders will not receive any funds absent a sale of their shares of Common Stock. If we do not pay dividends, our Common Stock may be less valuable because a return on your investment will only occur if our stock price appreciates. We cannot assure stockholders of a positive return on their investment when they sell their shares, nor can we assure that stockholders will not lose the entire amount of their investment.

Being a public company is expensive and administratively burdensome.

As a public reporting company, we are subject to the information and reporting requirements of the Securities Act, the Exchange Act and other federal securities laws, rules and regulations related thereto, including compliance with the Sarbanes-Oxley Act. Complying with these laws and regulations requires the time and attention of our Board of Directors and management, and increases our expenses. Among other things, we are required to:

●

maintain and evaluate a system of internal controls over financial reporting in compliance with the requirements of Section 404 of the Sarbanes-Oxley Act and the related rules and regulations of the SEC and the Public Company Accounting Oversight Board;

●

maintain policies relating to disclosure controls and procedures;

●

prepare and distribute periodic reports in compliance with our obligations under federal securities laws;

●

institute a more comprehensive compliance function, including with respect to corporate governance; and

●

involve, to a greater degree, our outside legal counsel and accountants in the above activities.

The costs of preparing and filing annual and quarterly reports, proxy statements and other information with the SEC and furnishing audited reports to stockholders is expensive and much greater than that of a privately-held company, and compliance with these rules and regulations may require us to hire additional financial reporting, internal controls and other finance personnel, and will involve a material increase in regulatory, legal and accounting expenses and the attention of management. There can be no assurance that we will be able to comply with the applicable regulations in a timely manner, if at all. In addition, being a public company makes it more expensive for us to obtain director and officer liability insurance. In the future, we may be required to accept reduced coverage or incur substantially higher costs to obtain this coverage. These factors could also make it more difficult for us to attract and retain qualified executives and members of our Board of Directors, particularly directors willing to serve on an audit committee which we expect to establish.

As a result of members of our management being our largest stockholders, they can exert significant control over our business and affairs and have actual or potential interests that may depart from those of other stockholders.

Our executive management team owns or controls a significant percentage of our common stock. Additionally, this does not reflect the increased percentages that they may have in the event that they exercise any of the options or warrants they may in the future be granted, or if they otherwise acquire additional shares of our common stock. The interests of such persons may differ from the interests of other stockholders. As a result, in addition to their positions with us, such persons will have significant influence over all corporate actions requiring stockholder approval, irrespective of how our other stockholders may vote, including the following actions:

●		elect or defeat the election of our directors;
●		amend or prevent amendment of our Articles of Incorporation or Bylaws;
●		effect or prevent a merger, sale of assets or other corporate transaction; and
●		control the outcome of any other matter submitted to the stockholders for vote.

In addition, such persons’ stock ownership may discourage a potential acquirer from making a tender offer or otherwise attempting to obtain control of us, which in turn could reduce our stock price or prevent our stockholders from realizing a premium over our stock price.

***

The risks above do not necessarily comprise all of those associated with an investment in the Company. This Report contains forward looking statements that involve unknown risks, uncertainties and other factors that may cause the actual results, financial condition, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Factors that might cause such a difference include, but are not limited to, those set out above.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. Mine Safety Disclosures

Not Applicable.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. Exhibits, Financial Statement Schedules.

Exhibits:

Exhibit No.		Exhibit Description

2.1		Share Exchange Agreement, dated as of November 4, 2016, by and among the Registrant, Ho Wah Genting Group SDN BHD (“HWGG”) and the Shareholders of HWGG (incorporated by reference from the Registrant’s Current Report on Form 8-K filed on November 9, 2016)

3.1		Articles of Incorporation of the Company (incorporated by reference from the Registrant’s Registration Statement on Form S-1 filed on November 7, 2014)

3.2		Amended and Restated Articles of Incorporation of the Registrant as filed with the Nevada Secretary of State on September 28, 2016 (incorporated by reference from the Registrant’s Current Report on Form 8-K filed on November 4, 2016)

3.3		Bylaws of the Company ( incorporated by reference to Exhibit 3.2 to the Form S-1 filed with the SEC on November 7, 2014 )

10.1†		Consulting Service Agreement by and between the Company and Ong Kooi Tatt dated July 1, 2016 (incorporated by reference from the Registrant’s Current Report on Form 8-K filed on November 9, 2016)

10.2		Split-Off Agreement, dated as of November 4, 2016, by and among the Registrant and David Breier (incorporated by reference from the Registrant’s Current Report on Form 8-K filed on November 9, 2016)

10.3		General Release Agreement, dated as of November 4, 2016, by and among the Registrant and David Breier (incorporated by reference from the Registrant’s Current Report on Form 8-K filed on November 9, 2016)

21.1		Subsidiaries of the Registrant (incorporated by reference from the Registrant’s Current Report on Form 8-K filed on November 9, 2016)

31.1*		Certification of the Chief Executive and Financial Officer required under Rule 13a-14(a)/15d-14(a) of the Exchange Act

32.1*		Certification of the Chief Executive and Financial Officer required under Section 1350 of the Exchange Act

101 INS*		XBRL Instance Document

101 SCH*		XBRL Taxonomy Schema

101 CAL*		XBRL Taxonomy Extension Calculation Linkbase

101 DEF*		XBRL Taxonomy Extension Definition Linkbase

101 LAB*		XBRL Taxonomy Extension Label Linkbase

101 PRE*		XBRL Taxonomy Extension Presentation Linkbase

* Filed herewith

† Management contract or compensatory plan or arrangement

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	HO WAH GENTING GROUP LIMITED

Date: May 16, 2018	By:	/s/ Lim Chun Hoo
		Lim Chun Hoo
		Chief Executive Officer, Chief Financial Officer and Chief Operation Officer (principal executive officer and principal financial and accounting officer)

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