v3.26.1
RELATED PARTY BALANCE AND TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
SCHEDULE OF NATURE OF RELATIONSHIPS WITH RELATED PARTIES

Nature of relationships with related parties

 

 

Name   Relationship
Mr. Zhao   Chairman and Executive Director of the Company
Mr. Ting Kin Cheung (“Mr. Cheung”)   Chief Executive Officer and Executive Director of the Company
Plutus Guardians Fund SPC (“Fund SPC”) and its subsidiaries   Entity of which Plutus AM holds management share
Divine Star Ventures Limited   Shareholder of the Company
Radiant Global Ventures Limited   Shareholder of the Company
Golden Harvest Trust Limited   Associate of the Company
HBV Special Opportunities Limited Partner   Shareholder of the Company
Magic Town Investments Limited   Controlled by shareholder of the Company
SCHEDULE OF RELATED PARTY TRANSACTIONS

Balances with related parties

 

Other than the disclosed in elsewhere of the consolidated financial statements, the balances with related parties were as follows:

 

   2024   2025   2025 
   As of December 31, 
   2024   2025   2025 
   HKD’000   HKD’000   US$’000 
Loans to customers, net:               
Golden Harvest Trust Limited   -    4,108    528 
                
Receivables from customers, net:               
Fund SPC and its subsidiaries   343    62    8 
Golden Harvest Trust Limited     -       29       4
                
Payables to customers:               
Mr. Zhao   59    99    13 
Mr. Cheung   85    524    67 
Fund SPC and its subsidiaries   5,289    3,060    393 
Golden Harvest Trust Limited   -    127    17 
HBV Special Opportunities Limited Partner   -    1,109    142 
                
Amounts due from related parties:               
Fund SPC and its subsidiaries *   376    -    - 
Divine Star Ventures Limited *   16    31    4 
Radiant Global Ventures Limited *   16    28    4 
                
Amounts due to a related party:               
Magic Town Investments Limited #   -    6,000    771 
SCHEDULE OF REMUNERATION TO SENIOR MANAGEMENT

   2023   2024   2025   2025 
   For the years ended December 31, 
   2023   2024   2025   2025 
   HKD’000   HKD’000   HKD’000   US$’000 
Securities brokerage commission:                    
Fund SPC and its subsidiaries   466    421    245    31 
Mr. Cheung   -    89    40    5 
Golden Harvest Trust Limited   -    -    165    22 
                     
Securities brokerage handling fee                                
Fund SPC and its subsidiaries     -       -       56       7  
                                 
Asset management fee:                    
Fund SPC and its subsidiaries   1,003    1,350    595    76 
                     
Interest income:                    
Mr. Cheung   416    452    17    2 
Fund SPC and its subsidiaries   -    -    5    1 
Golden Harvest Trust Limited   -    -    389    51 
                                 
Interest expense:                                
Magic Town Investments Limited     -       -       120       15  

 

Amounts due from related parties are unsecured, non-interest bearing of which no interest income was recognized on the funds advanced, and repayable on demand. These balances are non-trade in nature.

 

Remuneration to directors and senior management were:

 

 

   For the years ended December 31, 
   2023   2024   2025   2025 
   HKD’000   HKD’000   HKD’000   US$’000 
                 
Salaries and other short term employee benefits   4,956    5,220    8,510    1,093 
Payments to defined contribution pension schemes   71    72    72    9 
Total   5,027    5,292    8,582    1,102 
SCHEDULE OF REMUNERATION TO SENIOR MANAGEMENT

Remuneration to directors and senior management were:

 

 

   For the years ended December 31, 
   2023   2024   2025   2025 
   HKD’000   HKD’000   HKD’000   US$’000 
                 
Salaries and other short term employee benefits   4,956    5,220    8,510    1,093 
Payments to defined contribution pension schemes   71    72    72    9 
Total   5,027    5,292    8,582    1,102