DUE TO RELATED PARTIES

12 Months Ended

Dec. 31, 2015

Related Party Transactions [Abstract]

DUE TO RELATED PARTIES

5. DUE TO RELATED PARTIES

The due to related parties is summarized below:

	12/31/2015		12/31/2014
Fees paid by Ang Woon Han, the Company’s Chief Executive Officer, on behalf of the Company	$	—	$	18,000
Fees paid by Logicquest Technology Limited, a company controlled by the Company’s Chief Financial Officer, Cheng Yew Siong, on behalf of the Company		204,587		—
	$	204,587	$	18,000

On April 1, 2015, the entire amount due to Ang Woon Han was assigned to Asia Prestige Holdings Limited, a company controlled by the Company’s Chief Financial Officer, Cheng Yew Siong. Thus, the balance of payable to Ang Woon Han was reduced to $0 as of December 31, 2015.

As of June 30, 2015, the Company had a balance payable to Asia Prestige Holdings Limited in the amount of $57,098. The entire amount was assigned to Logicquest Technology Limited on July 31, 2015, thus, the balance of payable to Asia Prestige Holdings Limited was reduced to $0 as of December 31, 2015.