DIVIDEND PAYABLES |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes and other explanatory information [abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DIVIDEND PAYABLES |
The amount represented the dividend payable by Bluemount Financial Group Limited to Echo International Holdings Group Limited (“Echo International”) which is unsecured, interest-bearing at 7% per annum and repayable on March 31, 2025. During the year ended March 31, 2025, the Group settled the dividend payables by (i) cash payment of HK$140,000, and (ii) offsetting an amount receivable from Echo Asia (Hong Kong) Limited, a wholly-owned subsidiary of Echo International, through Bluemount Commodities Limited. The dividend payable was fully repaid on March 18, 2025.
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