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Related Party Balances and Transactions (Superior Living SDN. BHD.) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Mar. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2019
Related Party Balances and Transactions | 9. RELATED PARTY TRANSACTIONS The Company’s related party list and relationship are as follows:
Related parties |  | Relationships
Agape S.E.A. Sdn Bhd |  | Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape S.E.A. Sdn Bhd
Agape Superior Living Pty Ltd |  | Mr. How Kok Choong, the CEO and director of the Company is a 51% shareholder and a director of Agape Superior Living Pty Ltd
Agape Superior Living Sdn Bhd |  | Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape Superior Living Sdn Bhd
Agape ATP (Asia) Limited |  | Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape ATP (Asia) Limited.
Related party transactions for the three months ended March 31, 2020 and 2019; and as of March 31, 2020, and December 31, 2019 are as per table below:
|  | For the three months ended |  |  | As of |
|  | March 31, 2020 |  |  | March 31, 2019 |  |  | March 31, 2020 |  |  | December 31, 2019 |
|  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  |  |
|  | Revenue |  |  | Accounts Receivable, Trade |
Agape S.E.A. Sdn Bhd |  | $ | - |  |  | $ | 464,297 |  |  | $ | 523,141 |  |  | $ | 520,786 |
|  | Expenses paid on behalf |  |  | Amount due from a related party |
Agape ATP (Asia) Limited |  | $ | - |  |  | $ | 2,200 |  |  | $ | 2,227 |  |  | $ | 2,217 |
|  | Sundry Purchases |  |  | Prepayments and Deposits |
Agape Superior Living Pty Ltd |  | $ | - |  |  | $ | - |  |  | $ | 2,783 |  |  | $ | - |
| 8. RELATED PARTY TRANSACTIONS The Company’s related party list and relationship are as follows:
Related parties |  | Relationships
Agape S.E.A. Sdn Bhd |  | Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape S.E.A. Sdn Bhd
Agape Superior Living Pty Ltd |  | Mr. How Kok Choong, the CEO and director of the Company is a 51% shareholder and a director of Agape Superior Living Pty Ltd
Agape Superior Living Sdn Bhd |  | Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape Superior Living Sdn Bhd
Agape ATP (Asia) Limited |  | Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape ATP (Asia) Limited.
Greenpro Capital Corp. |  | Greenpro Capital Corp., through its wholly owned subsidiaries (collectively “Greenpro”), is an approximately 4.7% shareholder in the Company. Greenpro Venture Capital Limited is owned by Greenpro Capital Corp. The controlling shareholders of Greenpro Capital Corp. are Mr. Lee Chong Kuang and Mr. Loke Che Chan. Mr. How Kok Choong, the CEO and director of the Company is also the director of Greenpro Capital Corp. Mr. How Kok Choong ceased to be the director of Greenpro Capital Corp. in November 2018.
Related party transactions as of and for six months ended December 31, 2019 and 2018 are as per table below:
|  | For the six months ended |  |  | As of |
|  | December 31, 2019 |  |  | December 31, 2018 |  |  | December 31, 2019 |  |  | December 31, 2018 |
|  |  |  |  | (Unaudited) |  |  |  |  |  | (Unaudited) |
|  | Revenue |  |  | Accounts Receivable, Trade |
Agape S.E.A. Sdn Bhd |  | $ | 429,362 |  |  | $ | 685,288 |  |  | $ | 520,786 |  |  | $ | - |
|  | Professional fee |  |  | Accounts Payable, Non-trade |
Greenpro Capital Corp. |  | $ | - |  |  | $ | 4,500 |  |  | $ | - |  |  | $ | - |
|  | Expenses paid on behalf |  |  | Amount due from a related party |
Agape ATP (Asia) Limited |  | $ | - |  |  | $ | - |  |  | $ | 2,217 |  |  | $ | - |
Related party transactions as of and for years ended June 30, 2019 and 2018 are as per table below:
|  | Years ended |  |  | As of |
|  | June 30, 2019 |  |  | June 30, 2018 |  |  | June 30, 2019 |
|  | Revenue |  |  | Accounts Receivable, Trade |
Agape S.E.A. Sdn Bhd |  | $ | 1,524,596 |  |  | $ | 487,005 |  |  | $ | 433,338 |
Agape Superior Living Pty Ltd |  |  | 21,461 |  |  |  | - |  |  |  | - |
Total |  | $ | 1,546,057 |  |  | $ | 487,005 |  |  | $ | 433,338 |
|  | Professional fee |  |  | Accounts Payable, Non-trade |
Greenpro Capital Corp. |  | $ | 12,000 |  |  | $ | 214,883 |  |  | $ | - |
|  | Company Secretarial fee |  |  | Accounts Payable, Non-trade |
Greenpro Capital Corp. |  | $ | 3,282 |  |  | $ | 292 |  |  | $ | - |
|  | License fee |  |  | Accounts Payable, Non-trade |
Greenpro Capital Corp. |  | $ | 1,509 |  |  | $ | - |  |  | $ | - |
|  | Incorporation fee |  |  | Accounts Payable, Non-trade |
Greenpro Capital Corp. |  | $ | - |  |  | $ | 1,419 |  |  | $ | - |
|  | Expenses paid on behalf |  |  | Amount due from A related party |
Agape Superior Living Sdn Bhd |  | $ | - |  |  | $ | 745 |  |  | $ | - |
|  | Expenses paid on behalf |  |  | Amount due from A related party |
Agape ATP (Asia) limited |  | $ | 2,210 |  |  | $ | - |  |  | $ | 2,210 |
|  | Sundry purchases |  |  | Accounts Payable, Non-trade |
Agape Superior Living Pty Ltd |  | $ | 35,145 |  |  | $ | - |  |  | $ | 35,145 |
Superior Living SDN. BHD. [Member] |  |  |
Related Party Balances and Transactions | 9 – Related Party Balances and Transactions Other Receivable – Related Parties
Name of Related Party |  | Relationship |  | Nature |  | March 31, 2020 |  |  | December 31, 2019 |
Agape Singapore |  | Mr. How Kok Choong, the CEO and director of the Company |  | Fees paid for Agape Singapore |  | $ | 9,994 |  |  | $ | 10,586 |
How Academy Sdn Bhd |  | Mr. How Kok Choong, the director of the Company |  | Paid advance to How Academy for business operational expenses |  |  | 21,716 |  |  |  | 23,004 |
Redboy Picture Sdn Bhd |  | Mr. How Kok Choong, the director of the Company |  | Paid advance to Redboy for business operational expenses |  |  | 123,019 |  |  |  | 132,141 |
TH3 Technology Sdn Bhd |  | Mr. How Kok Choong, the director of the Company |  | Paid advance to TH3 for business operational expenses |  |  | 64,392 |  |  |  | 68,211 |
Total |  |  |  |  |  | $ | 219,121 |  |  | $ | 233,942 |
Accounts Payable - Related Party
Name of Related Party |  | Relationship |  | Nature |  | March 31, 2019 |  |  | December 31, 2019 |
Agape ATP International Holding Limited |  | Mr. How Kok Choong, the CEO and director of the Company |  | Purchase |  | $ | 491,628 |  |  | $ | 520,786 |
Total |  |  |  |  |  | $ | 491,628 |  |  | $ | 520,786 |
Other Payables - Related Party
Name of Related Party |  | Relationship |  | Nature |  | March 31, 2019 |  |  | December 31, 2019 |
Agape Superior Living Pty Ltd, Taiwan |  | Mr. How Kok Choong, the CEO and director of the Company |  | Printing of product label expenses |  | $ | - |  |  | $ | 12,104 |
Total |  |  |  |  |  | $ | - |  |  | $ | 12,104 |
Purchases
Name of Related Party |  | Relationship |  | Nature |  | For the Three Months Ended March 31, 2020 |  |  | For the Three Months Ended March 31, 2019 |
Agape ATP International Holding Limited |  | Mr. How Kok Choong, the CEO and director of the Company |  | Purchases |  | $ | - |  |  | $ | 464,297 |
Total |  |  |  |  |  | $ | - |  |  | $ | 464,297 |
9- | RELATED PARTY BALANCES AND TRANSACTIONS
Other receivable – related parties
Name of Related Party |  | Relationship |  | Nature |  | December 31, 2019 |  |  | December 31, 2018 |
Agape Singapore |  | Mr. How Kok Choong, the CEO and director of the Company |  | Fees paid for Agape Singapore |  | $ | 10,586 |  |  | $ | 10,490 |
How Academy Sdn. Bhd. |  | Mr. How Kok Choong, the director of the Company |  | Fees paid for How Academy |  |  | 23,004 |  |  |  | - |
Redboy Picture Sdn Bhd |  | Mr. How Kok Choong, the director of the Company |  | Paid advance to Redboy for business operational fees |  | $ | 132,141 |  |  | $ | - |
TH3 Technology Sdn Bhd |  | Mr. How Kok Choong, the director of the Company |  | Paid advance to TH3 for business expenses |  |  | 68,211 |  |  |  | - |
Dato Sri How |  | Principal Owner, Board and CEO of the Company |  | Expenses paid for Mr. How |  |  | - |  |  |  | 104,735 |
Total |  |  |  |  |  | $ | 233,942 |  |  | $ | 115,225 |
Prepayment - Related Party
Name of Related Party |  | Relationship |  | Nature |  | December 31, 2019 |  |  | December 31, 2018 |
Agape ATP International Holding Limited |  | Mr. How Kok Choong, the CEO and director of the Company |  | Prepayment for Purchase |  | $ | - |  |  | $ | 214,701 |
Total |  |  |  |  |  | $ | - |  |  | $ | 214,701 |
Accounts Payable - Related Party
Name of Related Party |  | Relationship |  | Nature |  | December 31, 2019 |  |  | December 31, 2018 |
Agape ATP International Holding Limited |  | Mr. How Kok Choong, the CEO and director of the Company |  | Purchase |  | $ | 520,786 |  |  | $ | - |
Total |  |  |  |  |  | $ | 520,786 |  |  | $ | - |
Other Payables - Related Parties
Name of Related Party |  | Relationship |  | Nature |  | December 31, 2019 |  |  | December 31, 2018 |
Agape Superior Living Pty Ltd, Taiwan |  | Mr. How Kok Choong, the CEO and director of the Company |  | ATP Printing Label fees |  | $ | 12,104 |  |  | $ | 4,376 |
Total |  |  |  |  |  | $ | 12,104 |  |  | $ | 4,376 |
Purchases
Name of Related Party |  | Relationship |  | Nature |  | For the Year ended December 31, 2019 |  |  | For the Year ended December 31, 2018 |
Agape ATP International Holding Limited |  | Mr. How Kok Choong, the CEO and director of the Company |  | Purchases |  | $ | 1,268,670 |  |  | $ | 685,288 |
Total |  |  |  |  |  | $ | 1,268,670 |  |  | $ | 685,288 |

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 + Details
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