XML 27 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Amounts Due To Related Parties
3 Months Ended
Mar. 31, 2017
Due to Related Parties [Abstract]  
Amounts Due To Related Parties

NOTE 11 - AMOUNTS DUE TO RELATED PARTIES

 

    As of     As of  
    March 31, 2017     December 31, 2016  
             
Amounts due to shareholders   $ 277     $ 4,883  
Amount due to non-controlling interest party     1,441,548       1,441,548  
Amount due to related companies     1,935       16,955  
Total   $ 1,443,760     $ 1,463,386  

 

For the amount due to related companies, those are expenses paid to third party by the related companies, they are interest free and repayable on demand.

 

As of March 31, 2017, the non-controlling interest party of Forward Win advanced $1,441,548 to the Company, which is unsecured, bears no interest and is payable upon demand, for the purchase of real properties for trading purpose.