v3.25.2
RELATED PARTY TRANSACTIONS AND BALANCES (Tables)
 12 Months Ended
Mar. 31, 2025
Notes and other explanatory information [abstract]  
Schedule of relationships
   
Name  Relationship with the Group
    
Bluemount Group Limited  Shareholder of the Company
Echo International Holdings Group Limited  Shareholder of the Company
Lissington Limited  Shareholder of the Company since May 14, 2024
ECGO International Limited  Substantial shareholder of Echo International Holdings Group Limited (“Echo International”) until October 18, 2023
Yuk Cuisine Limited  Common director (Ms. Chan Wan Shan Sandra) and a wholly-owned subsidiary of Echo International
Yuk Cuisine (Hong Kong) Limited  Common director (Ms. Chan Wan Shan Sandra) and a wholly-owned subsidiary of Echo International
Echo Asia (Hong Kong) Limited  Common director (Ms. Chan Wan Shan Sandra) and a wholly-owned subsidiary of Echo International
Bluemount Credit Limited  Common directors (Ms. Chan Wan Shan Sandra and Mr. Pan Jiye) until March 31, 2024 and a wholly-owned subsidiary of Lissington Limited
Bluemount Financial Holdings Limited  Common directors (Ms. Chan Wan Shan Sandra and Mr. Pan Jiye)
Bluemount Investment Fund SPC  Common director (Ms. Chan Wan Shan Sandra)
Global New Normal Anti-Inflation Limited Partnership Fund SPC  Investment manager of the fund until March 1, 2024
Ms. Chan Wan Shan Sandra  Director of the Company
Mr. Pan Jiye  Director of the Company
Schedule of amount due to director
          
   As of March 31,
    2024    2025 
    HK$’000    HK$’000 
           
Amount due to a director          
Chan Wan Shan Sandra   3,168    3,407 
Schedule of transactions with related parties
                  
      For the year ended March 31,
       2023    2024    2025 
Name of related parties  Transaction nature   HK$’000    HK$’000    HK$’000 
                   
Echo International Holdings Group Limited  Interest expense on dividend payables   348    348    - 
Echo International Holdings Group Limited  Placing commission income   505    -    - 
Bluemount Investment Fund SPC1 - Cyber Investment Fund SP  Asset management fee   55    7    12 
Bluemount Investment Fund SPC1 - Bluemount Investment Fund SP  Asset management fee   623    429    245 
Bluemount Investment Fund SPC1 - Sunrise Global Strategies Fund SP  Asset management fee   25    -    - 
Bluemount Investment Fund SPC1 - Global Strategy Fund SP  Asset management fee   -    -    3,979 
Global New Normal Anti-Inflation Limited Partnership Fund SPC2  Asset management fee   -    330    - 
Echo Asia (Hong Kong) Limited  Purchases of timepieces   -    -    4,507 

 

1 Bluemount Asset Management Limited (“BAML”) was appointed by Bluemount Investment Fund SPC (the “Fund”) as the investment manager (“Manager”) to manage 4 Segregated Portfolios of the Fund. Included but not limited to making investment decisions, implementing investment strategies, and ensuring compliance with applicable regulations and guidelines.

 

2 BAML was appointed by this fund as the Manager of Global New Normal Anti-Inflation Limited Partnership Fund SPC to manage the Segregated Portfolio of this fund. Included but not limited to making investment decisions, implementing investment strategies, and ensuring compliance with applicable regulations and guidelines.
Schedule of balances with related parties
             
      As of March 31,
       2024    2025 
Name of related parties  Balance nature   HK$’000    HK$’000 
              
Bluemount Investment Fund SP  Trade receivables   2,105    109 
Cyber Investment Fund SP  Trade receivables   6,237    12 
Global Strategy Fund SP  Trade receivables   -    3,979 
Echo International Holdings Group Limited  Dividend payables   6,444    - 
Bluemount Group Limited  Other receivables   26    26 
Bluemount Investment Fund SPC  Other receivables   133    133 
Bluemount Financial Holdings Limited  Other receivables   1    1 
ECGO International Limited*  Loan   *    * 
Yuk Cuisine Limited  Other payables   1,066    1,506 
Yuk Cuisine (Hong Kong) Limited  Other payables   250    250 
Schedule of interests in subsidiaries
                   

 

 

 

Name of subsidiary

 

Place of

Incorporation / operations

  Issued and fully
paid share capital		 

Proportion of

voting power held

by the Company

  Principal activities
          2024    2025    
Directly:                   
Bluemount Financial Group Limited  Hong Kong  Ordinary HK$23,010,300   100%   100%  Investment holding
Indirectly:                   
Bluemount Securities Limited  Hong Kong  Ordinary HK$18,000,000   100%   100%  Financial and brokerage services
Bluemount Asset Management Limited  Hong Kong  Ordinary HK$5,000,000   100%   100%  Wealth and asset management services
Bluemount Capital Limited  Hong Kong  Ordinary HK$10,000   100%   100%  Advisory services
Bluemount Commodities Limited  Hong Kong  Ordinary HK$100   100%   100%  Trading of timepieces and advisory services