Quarterly report pursuant to Section 13 or 15(d)

TRANSACTION WITH RELATED PARTIES

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TRANSACTION WITH RELATED PARTIES
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
NOTE 4 - TRANSACTION WITH RELATED PARTY
  A. The Company makes borrowings from its related parties from time to time for working capital purposes. As of December 31, 2016 and March 31, 2017, the Company owed $1,130 to Ms. Siew Heok ONG, the Chief Financial Officer. The amount is due on demand without any interest.
     
  B. During the three months ended March 31, 2017, the Company incurred operating expenses in the amount of $24,073, $17,291 of which was directly paid by Mr. Kok Chee LEE, the Chief Executive Officer of the Company. As of December 31, 2016 and March 31, 2017, the Company owed $0 and $17,291 to Mr. Kok Chee LEE, respectively. The borrowing is due on demand without any interest.
     
  C. During the period from January 1, 2016 to December 30, 2016, the Company leased its office space from its former major shareholder and sole officer at no charge. During the same period, the legal services of the Company were provided by a related party for free. The related party is the son of former major shareholder and sole officer.