Placing 80,873,488 shares, representing about 20% of the issued share capital, to one or more allotments at a price of HK $0.2 and net proceeds of about HK $15,290,000. Placing agent:Grand China Securities Limited
The Group is a one-stop solutions provider of bridesmaid dresses, bridal gowns and special occasion dresses. The Group principally sells its products to brand apparel companies based in the United States.
In our opinion, the consolidated financial statements give a true and fair view of the consolidated financial position of the Group as at 31 March 2025, and of its consolidated financial performance and its consolidated cash flows for the year then ended in accordance with HKFRS Accounting Standards issued by the Hong Kong Institute of Certified Public Accountants and have been properly prepared in compliance with the disclosure requirements of the Hong Kong Companies Ordinance.
At 31 March 2025, an amount of approximately HK$4,707,000 included in other payables and accruals is due to Mr. S Chong and Mr. P Chong, the directors. The amounts are unsecured, interest-free and repayable on demand.
The Board considers the Group’s risk management and internal control systems are effective.