AMOUNTS DUE TO DIRECTORS |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Director [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related Party Transactions Disclosure [Text Block] | NOTE 14 - AMOUNTS DUE TO DIRECTORS
The balance of unpaid salaries and reimbursements was unsecured, interest-free and has no fixed term of repayment. The advances from Lin Chi-Jung bear interest at rates ranging from 18% to 30% per annum. During the year ended December 31, 2017, the interest expense related to these advances amounted to $NIL (2015: $864,829).
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