Related Party Transactions

6 Months Ended

Feb. 28, 2019

Related Party Transactions [Abstract]

Related Party Transactions

5. RELATED PARTY TRANSACTIONS

	Six month ended February 28, 2019		Year ended August 31, 2018
Professional fee:
- Related Party A	$	8,800	$	192,364
Other Income:
- Related Party B		22,707		18,923
Total		31,507		211,287

Related party A is Greenpro Financial Consulting Limited. Directors of related party A are the investment managers of Greenpro Asia Strategic SPC-Greenpro Asia Strategic SP, Mr. Lee Chong Kuang and Mr. Loke Che Chan. This fee will be due to related party A upon receipt of an invoice. Related party A provides professional services to the company.

The Company incurred professional fees $8,800 and $192,364 for the Six months ended February 28, 2019 and for the year ended August 31, 2018 respectively.

Related Party B is Greenpro LF Limited. Directors of related party B are Mr. Lin Yi-Hsiu, the director of the Company and Mr. Lee Chong Kuang.The Company leases its commercial office in Taipei under non-cancelable operating leases with terms of 31months.

The Company received $22,707 and $18,923 rental income from related party B for the Six months period ended February 28, 2019 and for the year ended August 31, 2018 respectively.