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Due to Related Parties
12 Months Ended
Dec. 31, 2017
Due to Related Parties [Abstract]  
Due to Related Parties

NOTE 9 - DUE TO RELATED PARTIES

 

    As of     As of  
    December 31, 2017     December 31, 2016  
             
Due to noncontrolling interests   $ 1,617,241      $ 1,441,548  
Due to shareholders     3,993       4,880  
Due to directors     85,212       46,109  
Due to related companies     107,484       16,955  
Total   $ 1,813,930     $ 1,509,492  

 

At December 31, 2017 and 2016, $1,441,548, was due to the noncontrolling interest in Forward Win International Limited, and is unsecured, bears no interest, is payable upon demand, and related to the initial acquisition of the Company’s real estate held for sale property. At December 31, 2017, $175,693 was due to the noncontrolling interest in BSHL, and is unsecured, bears no interest, and is payable upon demand.

 

Due to shareholders, directors, and related companies represents expenses paid by the related companies or shareholder or director to third parties on behalf of the Company, are non-interest bearing, and are due on demand.