Placing 135,630,817 shares to one or more underwriters, accounting for approximately 10% of the total issued shares. The issue price is HK$0.4. The net proceeds amount to approximately HK$53,100,000.Placing Agents First Securities (HK) Limitedand Future Securities Limited Limited.
During FY2025, the Group was principally engaged in (a) renewable energy business; (b) waste construction materials and processing service; (c) plastic recycling/metal scrap business; and (d) money lending business.
In our opinion, the consolidated financial statements give a true and fair view of the financial position of the Group as at 30 June 2025, and of its financial performance and cash flows for the year then ended in accordance with HKFRS Accounting Standards as issued by the Hong Kong Institute of Certified Public Accountants (the “HKICPA”) and have been properly prepared in compliance with the disclosure requirements of the Companies Ordinance (the “CO”).
The current ratio of the Group was approximately 2.8 as at 30 June 2025 (as at 30 June 2024: approximately 5.8). The Group had sufficient funds to settle its liabilities. As at 30 June 2025 and 30 June 2024, the Group did not have any external borrowing as at 30 June 2025 and 2024, and therefore gearing ratio was not applicable.
