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RELATED PARTY BALANCES AND TRANSACTIONS (Tables) | 3 Months Ended
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Mar. 31, 2022
Related Party Transactions [Abstract] |
Schedule of related party transactions |
Schedule of related party transactions |  |  |  |  |  |  |  |
|  | March 31, 2022 |  |  | December 31, 2021 |
|  | $ |  |  | $ |
Mr. Yin-Chieh Cheng (1) |  |  | 7,653 |  |  |  | – |
Mountain Share Transfer, LLC (2) |  |  | 7,681 |  |  |  | 39,341 |
Total |  |  | 15,334 |  |  |  | 39,341 |
Due from a related party The balance due from a related party was as following:
|  | March 31, 2022 |  |  | December 31, 2021 |
|  | $ |  |  | $ |
Taisi Electrical & Plumbing Co. Pte Ltd. (3) |  |  | 2,073,362 |  |  |  | 1,615,217 |
Note:
(1) | Mr. Yin-Chieh Cheng (“Mr. Cheng”) is the chairman the Company, and he holds 42.5% shares of the Company. The balance due to Mr. Cheng as of March 31, 2022 mainly represented the amount paid by Mr. Cheng on behalf of the Company.
(2) | Mountain Share Transfer, LLC is company 100% controlled by Erik S. Nelson, a greater than 5% stockholder of the Company. The balances represented the amount paid on behalf of the Company for its daily operation purpose.
(3) | Mr. Tsai Wen-Chih is the director of XFC and has control power over Taisi Electrical & Plumbing Co. Pte Ltd. The Company took over the receivable amount of $877,809 from acquisition of XFC in December 2020. None of the receivables have been impaired and it is expected that the full contractual amounts can be collected.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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 No definition available. + Details
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