Related Party Transactions

3 Months Ended

Dec. 31, 2023

NOTE 6 – RELATED PARTY TRANSACTIONS

Related Parties

Name of related parties		Relationship with the Company
Yi Lung (Oliver) Lin		Principal shareholder
Jui Pin (John) Lin		Principal shareholder, Chairman of the Board, President, and Director
Jia Tian (Jeffery) Lin		Former Chief Executive Officer
Wen-Piao (Jack) Lai		Director
Shao-Cheng (Will) Wang		Former Chief Financial Officer
Kuang Ming (James) Tsai		Director and Chief Financial Officer
Hsin-Ta (Darren) Su		Director, Treasurer
Hui-Chuan (Sandra) Lin		Director and Secretary, daughter of Jui Pin (John) Lin
David Tang		Chief Executive Officer

Due to Related Parties

The Company’s due to related parties balances are as follows:

	December 31, 2023		September 30, 2023
Hsin-Ta (Darren) Su	$	1,496	$	707
David Tang		2,941		14,023
Total	$	4,437	$	14,730

The related party balances are unsecured, interest-free and due on demand.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include 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

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Genufood Energy Enzymes Corp. 10-Q