The
collateral and guarantee made by related parties to the Company as of September 30, 2025 consists of the following:
SCHEDULE OF COLLATERAL AND
GUARANTEE BY RELATED PARTIES
| Related Parties | |
Institution Name | |
Term | |
Aggregated Principal | | |
Carrying Amount as of September 30, 2025 | |
| | |
| |
| |
US$ | | |
US$ | |
| Guarantee by Mr. Lam and Mr. Ngan for revolving loans | |
Bank of Comm | |
On demand | |
| 897,435 | | |
| 897,435 | |
| Guarantee
by Mr. Lam and all monies Second Legal Mortgage on a property owned by Mr. Lam for bank
overdraft | |
Bank of Comm | |
On demand | |
| 1,153,846 | | |
| 717,306 | |
| | |
| |
| |
| 2,051,281 | | |
| 1,614,741 | |
The
expiration date of the facilities of HKD 7,000,000 is March 27, 2026.
The
collateral and guarantee made by related parties to the Company as of September 30, 2024 consists of the following:
| Related Parties | |
Institution Name | |
Term | |
Aggregated Principal | | |
Carrying Amount as of September 30, 2024 | |
| | |
| |
| |
US$ | | |
US$ | |
| Guarantee
by Mr. Lam for revolving loans | |
Bank of Comm | |
On demand | |
| 897,435 | | |
| 897,435 | |
| Guarantee
by Mr. Lam and all monies Second Legal Mortgage on a property owned by Mr. Lam for bank
overdraft | |
Bank of Comm | |
On demand | |
| 1,153,846 | | |
| 591,207 | |
| | |
| |
| |
| 2,051,281 | | |
| 1,488,642 | |
|