v3.26.1
Bank Borrowings (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of bank borrowings
Components of bank borrowings are as follows as of:
December 31, 2025June 30, 2026June 30, 2026
HK$ HK$ US$
(Audited)(Unaudited)(Unaudited)
Standard Chartered Bank (Hong Kong) Limited – Loan 1 (1)648,371 
Standard Chartered Bank (Hong Kong) Limited – Loan 2 (2)686,285 314,090 40,052 
Standard Chartered Bank (Hong Kong) Limited – Loan 3 (3)110,327 
Total1,444,983 314,090 40,052 
Less: current portion of long-term bank borrowings(1,444,983)(314,090)(40,052)
Non-current portion of long-term bank borrowings
(1)On December 22, 2020, m-FINANCE borrowed HK$5,000,000 as working capital for 60 months from December 22, 2020 to June 20, 2026 at an annual interest rate of 2.75% under the loan agreement with Standard Chartered Bank (Hong Kong) Limited. The loan is secured by personal guarantees from Tai Wai (Stephen) Lam and Chi Weng Tam. In June 2026, m-FINANCE paid off the entire outstanding bank loan.
(2)On November 2, 2021, mFTT borrowed HK$2,847,150 as working capital for 5 years from November 2, 2021 to November 2, 2026 at an annual interest rate of 2.75% under the loan agreement with Standard Chartered Bank (Hong Kong) Limited. The loan is secured by personal guarantees from Tai Wai (Stephen) Lam and Chi Weng Tam.
(3)On May 31, 2021, m-FINANCE borrowed HK$1,000,000 as working capital for 5 years from May 31, 2021 to May 31, 2026 at an annual interest rate of 2.75% under the loan agreement with Standard Chartered Bank (Hong Kong) Limited. The loan is secured by personal guarantees from Tai Wai (Stephen) Lam and Chi Weng Tam, who are the directors of the Company. In June 2026, m-FINANCE paid off the entire outstanding bank loan.
Schedule of maturities of the bank borrowings
Maturities of the bank borrowings were as follows:
HK$ US$
Year ending December 31,
2026 (remaining)316,253 40,328 
2027
Total bank borrowings repayments 316,253 40,328 
Less: imputed interest (2,163)(276)
Total 314,090 40,052