Amount Due to Related Parties |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount Due to Related Parties [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
AMOUNT DUE TO RELATED PARTIES | NOTE 10 – AMOUNT DUE TO RELATED PARTIES
The related party balance of $282,533 represented advances from former shareholders for Company’s daily operation.
As of September 30, 2024, the amount due to shareholders of $300,055 represented advances and professional expenses paid on behalf by Shareholders, which consist of audit fees, lawyers’ fee and other professional expenses.
As of September 30, 2024, the director fee payable of $896,000 represented the accrual of director fees from the appointment date to September 30, 2024.
The amount due to related parties are interest free, unsecured and have no fixed of repayment period. |