RELATED PARTIES TRANSACTIONS

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Note 5. RELATED PARTIES TRANSACTIONS

Due from related parties consists of the following:

	June 30,		December 31,
	2019		2018		Purpose
Global Bizrewards Sdn. Bhd.	$	276,200	$	301,963	Advance
M1 Tech Sdn. Bhd.		-		24,747	Advance
Sportlight Academy Sdn. Bhd.		-		12,557	Advance
M1Elite Sdn. Bhd.		-		15,827	Advance
Hipland Realty Sdn. Bhd.		4,328		4,313	Advance
Total Due from		280,528		359,407

Due to related parties consists of the following:

	June 30,		December 31,
	2019		2018		Purpose
Dato Sri Warren Eu Hin Chai	$	892,470	$	885,562	Capital Advance
Michael A. Zahorik		30,307		30,307	Capital Advance
SKH Media Sdn. Bhd.		29,278		163,243	Capital Advance
Total Due to		952,055		1,079,112

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.	Related by common director, Dato’ Sri Eu Hin Chai
Sportlight Academy Sdn. Bhd.	Related by common director, Dato’ Sri Eu Hin Chai
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
Hipland Realty Sdn. Bhd.	Related by common director, Dato’ Sri Eu Hin Chai

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 $nil and $15,243 for the six months ended June 30, 2019 and 2018, respectively.