53,433,000 shares, representing 16.67% of the issued share capital, were issued to seven independent third parties at an issue price of HK $0.188 and net proceeds of HK $10,045,000
During the year under review, the Group’s principal business activities included property investment and money lending business.
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 2026, and of its consolidated financial performance and its consolidated cash flows for the year then ended in accordance with Hong Kong Financial Reporting Standards Accounting Standards 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.
Amount due to a director: HK$1,894,000 (2025: HK$12,291,000)
The Group's policy is to regularly monitor its liquidity requirements and its compliance with lending covenants, to ensure that it maintains sufficient reserves of cash and adequate committed lines of funding from major financial institutions to meet its liquidity requirements in the short and longer term.
