Lumina Holdings Limited (Mr. Chen Haining) acquired 83,062,500 shares, representing approximately 51% of the issued share capital, from Wing Fung (wholly-owned by Mr. Chung Chi Keung) for a total consideration of HK $41,505,401 at the Offer price: HK $0.4997
The Company is an investment holding company and its subsidiaries are principally engaged in the provision of supply, installation and fitting-out services of building mechanical ventilation and air-conditioning ("MVAC") systems.
As at 30 June 2026, bank borrowings amounting to approximately HK$14,213,000 (31 December 2025: HK$8,842,000) were secured by a corporate guarantee of HK$47,971,000 given by the Company, a personal guarantee of HK$30,000,000 given by Mr. Chung Chi Keung, a director ("Mr. Chung") and a property held by Mr. Chung.
The Group's reliance on major customers for a significant portion of its revenue exposes the Group to credit and liquidity risks of such major customers, which may affect the Group's cash flows and financial position.
