AGREEMENT ON ADVANCESAgreement on Advances • August 19th, 2020 • New Asia Holdings, Inc. • Sporting & athletic goods, nec • Nevada
This Agreement on Advances (this “Agreement”) is entered into as of August 14, 2020 (the “Effective Date”), by and between New Asia Holdings Inc, a US Nevada corporation, listed on the OTC QB Markets (the “Company”) and New Asia Holdings Ltd a British Virgin Island Corporation (“NAHL”), which is solely owned and controlled by the Company’s Chairman and Chief Executive Officer, Dr. Lin Kok Peng and is thus considered a related party to the Company. The Company and NAHL may be referred to herein individually as a “Party” and collectively as the “Parties”.
