Placing 98,187,500 shares, representing approximately 20% of the total number of shares outstanding, to one or more allotees at the issue price of HK $0.08 and net proceeds of approximately HK $7,590,000. Placing agent: Upbest Securities Company Limited
The Company is an investment holding company and the primary activities of its principal subsidiaries are the sale and manufacture and selling of sewing threads and board categories of garment accessories, provision of interior design, interior decoration and furnishing services, trading of bloodstock, stallion services and equine handling services. The principal activities also included securities, advising on corporate finance and assets management.
In our opinion, the consolidated financial statements give a true and fair view of the consolidated financial position of the Group as at 31 December 2025, and of its consolidated financial performance and its consolidated cash flows for the year then ended in accordance with HKFRS Accounting Standards as issued by the Hong Kong Institute of Certified Public Accountants (“HKICPA”) and have been properly prepared in compliance with the disclosure requirements of the Hong Kong Companies Ordinance.
One of the Directors, Leung Tat Chi agreed to provide a financial support of HK$10,000,000 at any time to meet in full the Group’s financial obligation on or before 31 December 2026;
The Directors are of the opinion that the Group will be able to have sufficient working capital to finance its operations and to meet its financial obligations as and when they fall due for a period of not less than the next twelve months from 31 December 2025. Accordingly, the Directors are of the opinion that it is appropriate to prepare the consolidated financial statements for the year ended 31 December 2025 on a going concern basis.
