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Related Party Transactions
 3 Months Ended 6 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Related Party Transactions [Abstract]    
Related Party 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