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RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

13. RELATED PARTY TRANSACTIONS

 

For the period ended September 30, 2023 and 2022, the Company has the following transactions with related party:

 

  

For the period ended
September 30, 2023

(Unaudited)

  

For the period ended

September 30, 2022

(Unaudited)

 
Company Secretary Fees:          
- Related party A  $6,680   $7,076 
           
Professional Fees:          
- Related party A  $5,400   $5,400 
           
Sales          
- Related party A  $11,640   $- 
- Related party B   12,500    - 
- Related party C   120,000    160,000 
- Related party D   -    160,000 
- Related party E   104,200    - 
           
Cost of sales          
- Related party A  $187,700   $270,300 

 

The related party A, through its wholly owned subsidiaries is a 34.06% shareholder of the Company.

 

Related party B represents company where the Company owns 12.26% percentage of the company.

 

Related party C represents company where the Company owns 14.99% percentage of the company.

 

Related party D represents company where the Company owns 14.74% percentage of the company.

 

Related party E represents company where the Company has invested in.