v3.25.1
Related party balances and transactions (Tables)
12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Schedule of related party balances

The related party balances consisted of the following:

 

Name  Relationship  Nature  Classification  December 31, 2023
(HK$’000)
   December 31, 2024
(HK$’000)
   December 31, 2024
(US$’000)
 
                      
Mr. Li  Former sole shareholder and executive director  Advance from a former sole shareholder  Amounts due to related parties   151    1,714    221 
Mr. Chiu Yat Chung Gary  Former senior management  Advance from a former senior management  Amounts due to related parties   2,262    1,262    162 
Mr. Li Siu Lun, Allan  Senior management  Advance from a member of senior management  Amounts due to related parties   -    80    10 
Total amounts due to related parties            2,413    3,056    393 
Schedule of rental agreement with related party

The Company entered into the following rental agreement with a related party for a director quarter situated in Hong Kong:

 

Premises 

Relationship

with the lessor

 

Rental payment for
the year ended
December 31, 2022

(HK$’000)

   

Rental payment for
the year ended
December 31, 2023

(HK$’000)

   Rental payment for
the year ended
December 31, 2024
(HK$’000)
   Rental payment for
the year ended
December 31, 2024
(US$’000)
 
Director’s quarters  Lessor is a company owned by Mr. Li and his spouse    600      600    600    77 
Hong Kong office  Lessor is Mr. Li and his spouse    -      600    600    77