Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION (Tables)

v3.20.2
ACQUISITION (Tables)
6 Months Ended
May 31, 2020
Business Combinations [Abstract]  
Schedule of estimated fair value of assets acquired and liabilities assumed
The estimated fair value of assets acquired and liabilities assumed on May 5, 2020 is as follows:

  

    ZAR     USD  
Property and equipment     6,130,250     $ 332,182  
Goodwill     5,899,656       319,687  
Right-of-use asset     1,004,385       54,425  
Loan payable     (2,261,564 )     (122,548 )
Operating lease liability, current     (649,426 )     (35,191 )
Operating lease liability, noncurrent     (354,959 )     (19,234 )
Other net assets     521,258       28,245  
Net Assets     10,289,600     $ 557,566