Placing 57,278,430 shares, representing approximately 20% of the issued share capital, to one or more allotments at a price of HK $0.387 and net proceeds of approximately HK $21.0 million. Placing agent: Gaoyu Securities Limited
he Group's core business during the period under review was focused on the development and sales of own-brand notebook and tablet computers.
We draw attention to Note 1 to the consolidated financial statements, which indicates that the Group incurred a loss of HK$86,893,000 for the year ended 31 March 2026 and, as of that date, the Group's total deficit was HK$18,973,000. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group's ability to continue as a going concern. Our opinion is not modified in respect of this matter.
Given the continuing challenging business environment, prudence in operations and cash flow is recommended. To address the financial challenges, the Company will continue to rely on raising funds from the capital market.
