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RELATED PARTIES TRANSACTIONS
6 Months Ended
Jun. 30, 2021
RELATED PARTIES TRANSACTIONS  
6. RELATED PARTIES TRANSACTIONS

6. RELATED PARTIES TRANSACTIONS

 

As of June 30, 2021, accounts receivable from Aura Secret Sdn Bhd. is $12,442.

 

For the six months ended June 30, 2021, the Company had $10,972 and $10,972 sales from Global Bizrewards Sdn. Bhd. and Global Patronage Sdn. Bhd., respectively.

 

Due from related parties consists of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

 

 

 

2021

 

 

2020

 

 

Purpose

 

Global Bizrewards Sdn. Bhd.

 

$189,411

 

 

$199,679

 

 

Advance

 

Koperasi Usahawan

 

 

54,079

 

 

 

57,010

 

 

Advance

 

Global Patronage Sdn Bhd

 

 

-

 

 

 

14,246

 

 

Advance

 

Yaya Media Sdn Bhd

 

 

224

 

 

 

1,870

 

 

Advance

 

SKH Media Sdn. Bhd.

 

 

140,345

 

 

 

246,462

 

 

Advance

 

Hipland Realty Sdn. Bhd.

 

 

4,209

 

 

 

4,437

 

 

Advance

 

Total Due from

 

 

388,268

 

 

 

523,704

 

 

 

 

Due to related parties consists of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

 

 

 

2021

 

 

2020

 

 

Purpose

 

Dato Sri Warren Eu Hin Chai

 

$241,989

 

 

$320,473

 

 

Capital Advance

 

Michael A. Zahorik

 

 

30,307

 

 

 

30,307

 

 

Capital Advance

 

Aura Secret Sdn. Bhd.

 

 

3,975

 

 

 

4,191

 

 

Capital Advance

 

Global Patronage Sdn. Bhd.

 

 

9,869

 

 

 

-

 

 

Capital Advance

 

Total Due to

 

 

286,140

 

 

 

354,971

 

 

 

 

 

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

SKH Media Sdn. Bhd.

Related by common director, Dato’ Sri Eu Hin Chai

Dato Sri Warren Eu Hin Chai

Director & Shareholder of the Company

Koperasi Usahawan

 

Related by common director, Dato’ Sri Eu Hin Chai

Global Patronage Sdn. Bhd.

 

Related by common director, Dato’ Sri Eu Hin Chai

Yaya Media Sdn. Bhd.

 

Related by common director, Dato’ Sri Eu Hin Chai

Aura Secret Sdn. Bhd.

 

Related by common director, Dato’ Sri Eu Hin Chai

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.