v3.26.1
Bank Borrowings
12 Months Ended
Dec. 31, 2025
Bank Borrowings [Abstract]  
Bank borrowings
11. Bank borrowings

 

   Principal   Interest  Maturity  As of December 31, 
Type  amount   rates  date  2024   2025 
   HK   (per annum)     HK$   HK$   US$ 
Term loan I   4,000,000   3.125% to 3.625%  May 19, 2028   2,268,207    
    
 
Term loan II   1,000,000   3.125% to 3.625%  March 14, 2029   729,946    
    
 
Term loan III   1,000,000   3.125% to 3.625%  December 27, 2029   847,710    
    
 
               3,845,863    
    
 

 

The Company entered into several banking facilities (as renewed or supplemented where required) with a bank in Hong Kong. The portion of term loans due for repayment after one year is subject to repayment on demand clause and has been classified as current liabilities.

 

The term loans are secured by guarantees issued by The Hong Kong Mortgage Corporation Limited and personal guarantee by Ms. Leung, and were fully settled as at December 31, 2025.

 

The Company’s bank borrowings are all denominated in Hong Kong dollar.