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AMOUNTS DUE TO RELATED PARTIES
9 Months Ended
Sep. 30, 2022
Amounts Due To Related Parties  
AMOUNTS DUE TO RELATED PARTIES

9.       AMOUNTS DUE TO RELATED PARTIES

 

The amounts represented temporary advances from the Company’s directors, former directors and companies which are controlled by a major shareholder of the Company for working capital purpose, which were unsecured, interest-free and had no fixed terms of repayments, other than a payable in respect of the development of the technical knowhow. The related parties balance was $3,076,813 and $283,636 as of September 30, 2022 and December 31, 2021, respectively.