v3.26.1
Basis of preparation of consolidated financial statements and material accounting policy information (Tables)
 12 Months Ended
Dec. 31, 2025
Basis Of Preparation Of Consolidated Financial Statements And Material Accounting Policy Information  
Schedule of subsidiary

Details of the Company’s subsidiaries are as follows:

 

Name  

Place of

incorporation/

operation

  

Percentage

of issued

capital held

   Principal activities
        2025   2024    
                 

Masterbeef Limited

   British Virgin Islands   100   100   Provision of investment holding
                 
Tak Moon Holdings Limited   Hong Kong   100   100   Provision of investment holding
                 
Luk Koon Limited   Hong Kong   100   100   Provision of catering services
                 
Taiwanese Hotpot Limited   Hong Kong   100   100   Provision of catering services
                 
Master Beef Hotpot Limited   Hong Kong   100   100   Provision of catering services
                 
Able Force Limited   Hong Kong   100   100   Provision of catering services
                 
Amazing Hotpot Limited   Hong Kong   100   100   Provision of catering services
                 
All You Can Eat Hotpot Limited   Hong Kong   100   100   Provision of catering services
                 

People Mountain People Sea Hotpot Limited

   Hong Kong   100   100   Provision of catering services
                 

Mrs Beef Taiwanese Hotpot Limited

   Hong Kong   100   100   Provision of catering services
                 
Mrs Beef Limited   Hong Kong   100   100   Provision of catering services
                 
Mrs Beef Hotpot Limited *β   Hong Kong   -   100   Provision of catering services
                 
Zone Corporation Limited *   Hong Kong   100   100   Provision of catering services
                 
Sharp Harbour Limited *   Hong Kong   100   100   Provision of catering services
                 
Anping Grill Limited   British Virgin Islands   100   100   Provision of investment holding
                 
Anping Grill (HK) Limited   Hong Kong   100   100   Provision of catering services
                 
Taiwanese Barbecue Limited   Hong Kong   100   100   Provision of catering services

 

 

MasterBeef Group and its subsidiaries

 

 

 

Notes to the Consolidated Financial Statements

December 31, 2025, 2024 and 2023

 

1.General (continued)

 

Information about subsidiaries (Continued)

 

Name  

Place of

incorporation/

operation

  

Percentage

of issued

capital held

   Principal activities
        2025   2024    
               

All You Can Eat Grill Limited

   Hong Kong   100   100   Provision of catering services
                 
Cool Sky Limited   Hong Kong   100   100   Provision of catering services
                 
Taiwanese All You Can Eat Limited *   Hong Kong   100   100   Provision of catering services
                 
Wide Fame Limited *   Hong Kong   100   100   Provision of catering services
                 
Chubby Bento Limited #   British Virgin Islands   -   -   Provision of investment holding
                 
Chubby Bento (HK) Limited #   Hong Kong   -   -   Provision of investment holding
                 
All You Can Eat Limited #   Hong Kong   -   -   Provision of catering services
                 
Taiwanese Bento Limited #   Hong Kong   -   -   Provision of catering services
                 
Total Rise Corporation Limited * #   Hong Kong   -   -   Provision of catering services
                 
Able Castle Corporation Limited *#!   Hong Kong   -   -   Provision of catering services
                 
Beauti-Linkage Limited *#!   Hong Kong   -   -   Provision of catering services
                 
Glory Zone Corporation Limited *#!   Hong Kong   -   -   Provision of catering services
                 
Bao Pot Taiwanese Claypot Limited #   British Virgin Islands   -   -   Provision of investment holding
                 
Bao Pot Taiwanese Claypot (HK) Limited #   Hong Kong   -   -   Provision of catering services
                 
Taiwanese Claypot Limited #   Hong Kong   -   -   Provision of catering services
                 
General’s Feast Limited ^   British Virgin Islands   100   100   Provision of investment holding
                 
Generals Feast (HK) Limited !   Hong Kong   100   100   Provision of investment holding
                 
Vast Happiness Limited *ꝺ   Hong Kong   100   -   Provision of catering services
                 
Tak Moon Food Supplies (BVI) Limited   British Virgin Islands   100   100   Provision of investment holding

 

 

MasterBeef Group and its subsidiaries

 

 

 

Notes to the Consolidated Financial Statements (Continued)

December 31, 2025, 2024 and 2023

 

 

 

1.General (continued)

 

Information about subsidiaries (Continued)

 

Name  

Place of

incorporation/

operation

  

Percentage

of issued

capital held

   Principal activities
        2025   2024    
Tak Moon Food Supplies Limited   Hong Kong   100   100   Provision of food supply
                 
Tak Mei Food Supplies Limited   Taiwan   100   100   Provision of food supply
                 
Taiwanese Sweeties Limited   British Virgin Islands   100   100   Provision of investment holding
                 
Taiwanese Sweeties (HK) Limited   Hong Kong   100   100   Provision of catering services
                 
Big Assets Limited *ꝺ   Hong Kong   100   -   Provision of catering services
                 
House of Talent (BVI) Limited   British Virgin Islands   100   100   Provision of investment holding
                 
House of Talent Limited   Hong Kong   100   100   Provision of catering services
                 
Worvity Limited ꝺ   British Virgin Islands   100   -   Provision of investment holding
                 
Worvity (HK) Limited *ꝺ   Hong Kong   100   -   Provision of catering services
                 
Wider Rise Limited *ꝺ   Hong Kong   100   -   Provision of catering services

 

* The entities have/had yet to commence its business.
# The entities were disposed of on May 14, 2024. For details, please refer to Note 11.
β The entities were disposed of on June 23, 2025.
^ The entities were incorporated in 2024.
! The entities were acquired in 2024.
ꝺ The entities were acquired in 2025.
Schedule of property, plant and equipment of depreciation

 Schedule of property, plant and equipment of depreciation

Leasehold improvements (included the reinstatement costs)  

 

20% per annum or over the terms of lease

Plant and machinery   20% per annum
Office equipment   20% per annum
Motor vehicle   20% per annum