AMOUNT DUE FROM NSML

12 Months Ended

Dec. 31, 2016

Amount Due From Nsml

AMOUNT DUE FROM NSML

NOTE 5. AMOUNT DUE FROM NSML

Amount due form Network Service Management Limited (“NSML”) was the capital-in-arrear to be invested to Z-Line International E-Commerce Limited (“Z-Line”). Z-Line is a corporation formed and incorporated on August 17, 2016 by the Company and NSML under the laws of Hong Kong. The shareholdings of Z-Line are 55% for the Company and 45% for NSML, of which such 45% shareholding was not yet paid up as at December 31, 2016.