RELATED PARTIES TRANSACTIONS

9 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Note 5. RELATED PARTIES TRANSACTIONS

Due from related parties consists of the following:

	September 30,		December 31,
	2018		2017		Purpose
Global Bizrewards Sdn. Bhd.	$	297,267	$	261,891	Advance
M1 Tech Sdn. Bhd. (fka. Fine Portal Sdn Bhd)		24,961		20,252	Advance
Sportlight Academy Sdn. Bhd.		12,666		12,917	Advance
M1Elite Sdn. Bhd.		20,313		14,499	Advance
Total Due from		355,207		309,559

Due to related parties consists of the following:

	September 30,		December 31,
	2018		2017		Purpose
Dato Sri Warren Eu Hin Chai	$	930,263	$	763,882	Capital Advance
Michael A. Zahorik		30,307		30,307	Capital Advance
SKH Media Sdn. Bhd.		94,086		47,195	Capital Advance and rental
Total Due to		1,054,656		841,384

The related parties’ relationship to the Company as follows:

Name	Relationship
Michael A. Zahorik	Former director
Global Bizrewards Sdn. Bhd.	Related by common director, Dato' Sri Eu Hin Chai
M1 Tech Sdn. Bhd.(fka. Fine Portal Sdn.Bhd.)	Related by common director, Dato' Sri Eu Hin Chai
Sportlight Academy Sdn. Bhd.	Related by key employee; Lim Chee Pin
M1Elite Sdn. Bhd.	Related by common director, Dato' Sri Eu Hin Chai
SKH Media Sdn. Bhd.	Related by common director, Dato' Sri Eu Hin Chai
Dato Sri Warren Eu Hin Chai	Director & Shareholder of the Company

The amounts due from or due to related parties were unsecured, non-interest bearing, and due on demand.

The Company leased an office space from SKH Media Sdn. Bhd. The rent expenses were $15,243 and $20,712 for the nine months ended September 30, 2018 and 2017, respectively.