Max Premier Limited (wholly owned by Ms Tam Suqin), CSI Floorings (wholly owned by Ms. Xue Qianqian) and GanLanInvestments (51% and 49% owned by Mr Lai Xiao-ming and Ms Ms. Na Qini) acquired 420 million shares, representing 75% of the issued share capital, from the two sellers at an offer price of HK $0.143
The Company is an investment holding company, together with its subsidiaries (collectively the "Group"), is principally engaged in the design and sale of women's handbags, small leather goods, luggage and travel goods.
The Group believes that, taking into account the current business performance, internally available financial resources, existing bank facilities and additional support from shareholders and directors, it has sufficient funds in the short term to finance its business operations and fulfill its financial obligations.
