股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 萬邦投資有限公司 | | | 呈交日期: | 2025年9月1日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00158 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 25,000,000 | | 0 | | 25,000,000 | | 增加 / 減少 (-) | | | | | | | | | ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年7月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 萬邦投資有限公司 | | | 呈交日期: | 2025年8月1日 | | | I. 法定/註冊股本變動 | 不適用 | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00158 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 25,000,000 | | 0 | | 25,000,000 | | 增加 / 減少 (-) | | | | | | | | | ...

Financial Performance - Revenue for the six months ended March 31, 2025, was HK$81,947,000, representing a 2.6% increase from HK$79,888,000 in the same period of 2024[7] - Gross profit for the period was HK$62,514,000, up from HK$61,664,000, indicating a slight growth in profitability[7] - The company reported a loss before taxation of HK$132,776,000 compared to a profit of HK$27,787,000 in the previous year, reflecting a significant decline in financial performance[7] - Total comprehensive loss attributable to equity holders for the period was HK$133,629,000, a stark contrast to a comprehensive income of HK$20,128,000 in the prior year[7] - Basic and diluted loss per share was HK$(5.66), compared to earnings of HK$0.76 per share in the same period last year[7] - The Group reported a loss attributable to equity holders of HK$141,513,000 for the six months ended 31 March 2025, compared to a profit of HK$18,961,000 in 2024[57] - The net loss for the six months ended 31 March 2025 amounted to HK$141.51 million, a significant decline from a net profit of HK$18.96 million in 2024, primarily due to a fair value loss of investment properties of HK$192.32 million[92] Cash Flow and Liquidity - Net cash generated from operating activities was HK$68,390,000, an increase from HK$38,217,000 in the previous year, indicating improved cash flow from operations[11] - Cash and bank balances at the end of the period stood at HK$287,320,000, up from HK$242,435,000, showing a positive cash position[11] - As of 31 March 2025, the Group's cash and bank balances totaled HK$287.3 million, up from HK$265.1 million as of 30 September 2024[94] Dividends - The company distributed a final dividend of HK$45,000,000 for 2024, consistent with the previous year's distribution[10] - The interim dividend declared is HK$1.7 per share, down from HK$1.8 per share in 2024, totaling HK$42,500,000 for the six months ended 31 March 2025[55] - The Group declared an interim dividend of HK$1.7 per share for 2025, down from HK$1.8 per share in 2024[84] Assets and Equity - Non-current assets decreased to HK$6,714,575,000 from HK$6,897,816,000, primarily due to a reduction in investment properties[8] - Total equity at the end of the period was HK$6,920,468,000, down from HK$7,099,097,000, reflecting the impact of the loss for the period[9] - The net book value of investment properties decreased to HK$6,614,050,000 as of 31 March 2025, down from HK$7,039,000,000 as of 31 March 2024[60] Revenue Sources - Revenue from property investment for the six months ended 31 March 2025 was HK$81,947,000, an increase of 2.6% from HK$79,888,000 in the same period of 2024[46] - Rental income increased to HK$71,239,000, up from HK$69,578,000, reflecting a growth of 2.4% year-over-year[46] - The underlying operating profit from rental operations increased by 3% from HK$57.68 million to HK$59.54 million compared to the corresponding period of 2024[92] Fair Value and Investment Properties - The fair value loss of investment properties for the current period was HK$192.32 million, a substantial increase from HK$29.9 million in the corresponding period of 2024[92] - The decrease in fair values of investment properties was HK$192,319,000 for the six months ended 31 March 2025, compared to a decrease of HK$29,895,000 in the same period of 2024[46] - The fair value of financial assets at fair value through other comprehensive income (FVOCI) in level 3 increased to HK$70,632,000 as of 31 March 2025, up from HK$62,748,000 as of 30 September 2024, representing a growth of 12.5%[34] Corporate Governance and Compliance - The Company fully complied with the Corporate Governance Code during the financial period[117] - All Directors confirmed compliance with the Model Code regarding securities transactions during the six months ended March 31, 2025[124] - The Audit Committee reviewed the Unaudited Condensed Consolidated Interim Financial Information on May 26, 2025[116] Shareholder Information - Substantial shareholders include Cheng Yu Tung Family (Holdings) Limited and others, holding approximately 26.93% of the total issued shares[110] - Mr. Chung Yin Shu, Frederick holds a total of 12,003,375 shares, representing approximately 48.01% of the total issued shares as of March 31, 2025[105] - As of March 31, 2025, the total number of issued shares of the Company was 25,000,000 ordinary shares[114]

Financial Performance - Revenue for the six months ended March 31, 2025, was HKD 81,947,000, representing an increase of 2.6% compared to HKD 79,888,000 for the same period in 2024[4] - Gross profit for the period was HKD 62,514,000, up from HKD 61,664,000, indicating a slight growth in profitability[4] - The company reported a loss before tax of HKD 132,776,000, compared to a profit of HKD 27,787,000 in the previous year, reflecting a significant decline in performance[4] - Total comprehensive loss attributable to shareholders was HKD 133,629,000, compared to a profit of HKD 20,128,000 in the prior period[4] - The group's pre-tax loss for the six months ended March 31, 2025, was HKD 132,776,000, compared to a pre-tax profit of HKD 27,787,000 for the same period in 2024, indicating a significant decline[10] - The group reported a net loss of HKD 14.15 million for the six months ended March 31, 2025, compared to a net profit of HKD 18.96 million in the same period of 2024[24] Investment Properties - The fair value loss on investment properties was HKD 192,319,000, a substantial increase from HKD 29,895,000 in the previous year, indicating market challenges[4] - The fair value of investment properties decreased by HKD 192,319,000 during the period, impacting the overall financial performance[10][16] - As of March 31, 2025, the net book value of investment properties was HKD 6,614,050,000, down from HKD 6,805,150,000 as of October 1, 2024[16] - The fair value loss on investment properties for the period was HKD 192.32 million, significantly higher than the HKD 29.90 million loss in 2024[24] Cash and Liquidity - Cash and bank deposits increased to HKD 287,320,000 from HKD 265,149,000, showing improved liquidity[5] - As of March 31, 2025, the group had cash and bank deposits totaling HKD 287.30 million, up from HKD 265.10 million on September 30, 2024[26] Shareholder Value - The company's equity decreased to HKD 6,920,468,000 from HKD 7,099,097,000, reflecting a decline in shareholder value[5] - The group declared an interim dividend of HKD 1.7 per share for 2025, down from HKD 1.8 per share in 2024, totaling HKD 42,500,000 compared to HKD 45,000,000 in the previous year[13][22] Operational Efficiency - Administrative expenses decreased to HKD 6,995,000 from HKD 7,664,000, suggesting cost control measures were implemented[4] - Core operating profit from leasing business increased by 3% to HKD 59.54 million, with revenue also rising by 3% to HKD 81.95 million[24] Trade Receivables and Payables - Trade receivables as of March 31, 2025, amounted to HKD 3,972,000, a decrease from HKD 4,304,000 as of September 30, 2024[19] - The group had no provisions for losses on trade receivables as of March 31, 2025, consistent with the previous year[20] - Trade payables as of March 31, 2025, totaled HKD 1,018,000, down from HKD 1,596,000 as of September 30, 2024[21] Workforce and Governance - The group maintained a workforce of 14 employees, with compensation levels kept at reasonable market rates[27] - The audit committee reviewed the unaudited interim financial information on May 26, 2025, with no significant issues raised[30] - The company has complied with the corporate governance code throughout the financial period[31] Property Rental Income - For the six months ended March 31, 2025, rental income from property investment was HKD 71,239,000, an increase of 2.4% compared to HKD 69,578,000 for the same period in 2024[10] Other Activities - The group did not engage in any acquisitions or disposals of subsidiaries during the period[28] - There were no share buybacks or sales by the company or its subsidiaries during the six months ended March 31, 2025[29] Occupancy Rates - The occupancy rates for the group's investment properties were approximately 92.0% and 86.0% for the Central Wan Bang Building and the Jin Li Commercial Building, respectively, compared to 91.6% and 85.0% in 2024[25]

智通财经5月12日电，上期能源：杨×（00292754）组（账户组号: B6001580）于2025年5月12日在集运 指数（欧线）期货（EC）2508合约上账户组日内开仓交易量超限第1次达到处理标准，决定采取限制其 在相应合约上开仓5个交易日的监管措施。 ...

Financial Performance - The group reported a loss of HKD 156.4 million for the fiscal year ending September 30, 2024, compared to a loss of HKD 129.1 million in 2023, primarily due to a fair value loss on investment properties of HKD 264.9 million[1]. - The fair value loss on investment properties increased from HKD 221.1 million in 2023 to HKD 264.9 million in 2024[1]. - The group's revenue increased by 2.4% compared to the previous year, reflecting a recovery in social order in 2023[2]. - The Group reported a loss before taxation of HKD 138,498,000 in 2024, compared to a loss of HKD 112,746,000 in 2023, indicating a deterioration of 22.9%[121]. - Loss for the year attributable to equity holders was HKD 156,357,000, up from HKD 129,165,000, indicating an increase of about 21.1%[198]. - Total comprehensive loss attributable to equity holders was HKD 166,236,000, compared to HKD 145,644,000 in the previous year, reflecting an increase of approximately 14.1%[198]. - Basic and diluted loss per share for the year was (5.17), compared to (6.25) in 2023, showing an improvement in loss per share[198]. Dividends and Shareholder Returns - The board proposed a final dividend of HKD 1.8 per share, maintaining the total annual dividend at HKD 3.6 per share, consistent with 2023[1]. - The management emphasized a cautious operational approach to maintain close contact with tenants and aim for ideal returns for shareholders[3]. Environmental, Social, and Governance (ESG) Initiatives - The group is committed to enhancing its ESG strategies and aligning activities with established sustainability goals[14]. - The group has implemented energy-saving measures, including high-efficiency water-cooled chillers and LED lighting systems, to reduce greenhouse gas emissions[26]. - Water conservation initiatives have been introduced, such as installing water-saving faucets and promoting water-saving concepts to tenants[28]. - The group actively engages with stakeholders to address ESG concerns and improve operational practices[14]. - Total greenhouse gas (GHG) emissions increased to 3,179 tonnes CO2 equivalent in 2023/24 from 3,099 tonnes in 2022/23, representing a rise of approximately 2.6%[36]. - Total electricity consumption rose to 3,869,618 kWh in 2023/24, up from 3,741,775 kWh in 2022/23, indicating an increase of about 3.4%[36]. - Total water consumption increased significantly to 14,726 m³ in 2023/24, compared to 10,790 m³ in 2022/23, reflecting a rise of approximately 36.5%[36]. - The Group has implemented emergency plans to manage climate risks from extreme weather events, aiming to reduce operational disruptions and potential financial losses[32]. - The Group has fully implemented LED lighting to reduce energy consumption and promote cost savings, contributing to environmental sustainability efforts[32]. - The Group's compliance with environmental laws and regulations has been maintained, with no significant non-compliance issues reported[30]. - The Group's site selection focuses on urban areas, minimizing its impact on the natural environment while enhancing employees' environmental awareness[30]. - The Group has upgraded air conditioning systems to improve energy efficiency, significantly reducing energy consumption[32]. - The Group regularly reviews climate change impacts and has identified relevant climate risk categories to mitigate future risks[33]. - The Group's commitment to sustainable procurement includes minimizing risks associated with environmental, social, and governance practices in its supply chain[59]. Employee Engagement and Development - The Group provides competitive remuneration and a range of benefits, including medical allowance and transportation subsidies, to attract and retain talent[1]. - Employee satisfaction with the working environment is high, resulting in low staff turnover during the reporting period[1]. - The Group encourages professional development by providing study subsidies and flexible work arrangements, supporting employees in attending training workshops[53]. - Flexible work arrangements are made available to support employees in maintaining work-life balance[45]. - The Group's long-term human capital development plan includes diversifying the employee training curriculum[55]. - Average training hours for female employees increased from 6.5 to 11.5 hours, a rise of 76.9%[93]. - Average training hours for male employees increased significantly from 1 to 23 hours, a rise of 2200%[93]. - Average training hours for management increased from 25 to 40 hours, a rise of 60%[93]. - The Group reported no work-related fatalities or injuries during the reporting period[93]. - The Group actively promotes employee health through strict preventive measures and active disinfection protocols[1]. - The Group strictly prohibits the use of child and forced labor in its operations and expects suppliers to adhere to the same standards[57]. Customer Satisfaction and Service Quality - The Group maintains a 100% tenant satisfaction rate through its "Report and Resolve" management approach, demonstrating a commitment to tenant engagement and service quality[69]. - Daily site inspections and frequent tenant communications are conducted to uphold high service standards, with feedback and complaints escalated and addressed promptly[64]. - There were no complaints related to products and services during the reporting period, indicating high customer satisfaction[110]. Financial Instruments and Valuation - The fair value of financial instruments traded in active markets is based on quoted market prices, with no instruments included in level 1 as of September 30, 2024 and 2023[48]. - The Group has not transferred any financial assets between different levels of the fair value hierarchy for the year ended September 30, 2024[48]. - The fair value of financial assets at fair value through other comprehensive income was HKD 62,748,000 for 2024, down from HKD 72,627,000 in 2023, indicating a decrease of approximately 13%[143]. - The Group's financial instruments measured at fair value include Level 3 financial assets, which are significant for valuation purposes[143]. - The valuation technique for unlisted financial assets is based on adjusted net asset methods, considering market values of related properties[143]. - The fair value of investment properties is determined by independent valuers using market value assessments, reflecting the importance of accurate valuation methods[146]. - The management engaged an independent external valuer to perform a valuation of the investment properties, using the direct comparison approach[168]. - The audit identified the valuation of investment properties as a key audit matter due to significant judgment and estimation uncertainty involved[174]. - The methodologies used in preparing the valuations of the investment properties were found to be appropriate, and the key assumptions were supported by available evidence[174]. Audit and Compliance - The Group's financial statements were prepared in accordance with HKFRSs and reflect a true and fair view of the Group's financial position as of September 30, 2024[155]. - The Audit Committee is responsible for overseeing the Group's financial reporting process[179]. - The directors are responsible for assessing the Group's ability to continue as a going concern and for disclosing relevant matters[185]. - The independent auditor's report confirmed that sufficient and appropriate audit evidence was obtained to provide a basis for the opinion on the consolidated financial statements[162]. - The company has no reports of significant misstatements in the financial statements as per the auditor's assessment[187]. - The auditor's responsibilities include obtaining reasonable assurance that the consolidated financial statements are free from material misstatement due to fraud or error[190]. - The audit aims to evaluate the appropriateness of accounting policies and the reasonableness of estimates made by the directors[192]. - The overall presentation and structure of the consolidated financial statements will be evaluated to ensure fair representation of underlying transactions[192]. - The audit will include communication with the Audit Committee regarding significant audit findings and deficiencies in internal control[195]. - The engagement partner for the audit is Chan Ka Yee from PricewaterhouseCoopers[197].

Financial Performance - For the fiscal year ending September 30, 2024, the company reported total revenue of HKD 161,666,000, an increase from HKD 157,894,000 in the previous year, representing a growth of approximately 1.8%[4] - The company recorded a gross profit of HKD 124,929,000 for the year, compared to HKD 116,929,000 in the prior year, indicating an increase of about 6.8%[4] - The pre-tax loss for the year was HKD 138,498,000, compared to a pre-tax loss of HKD 112,746,000 in the previous year, reflecting a deterioration of approximately 22.9%[4] - The total comprehensive loss attributable to shareholders for the year was HKD 166,236,000, compared to HKD 145,644,000 in the previous year, marking an increase of about 14.1%[2] - The company reported a loss attributable to shareholders of HKD 156,357,000 for 2024, compared to a loss of HKD 129,165,000 in 2023, representing an increase in loss of approximately 21.1%[20] - The company's loss attributable to shareholders for the year ended September 30, 2024, was HKD 156.4 million, compared to a loss of HKD 129.1 million in 2023, primarily due to a fair value loss on investment properties[29] - The fair value loss on investment properties for the year was HKD 264.9 million, compared to HKD 221.1 million in 2023, indicating a significant increase in losses[29] Assets and Liabilities - The company's total assets as of September 30, 2024, were HKD 7,105,494,000, a decrease from HKD 7,373,162,000 in the previous year, representing a decline of approximately 3.6%[7] - Non-current assets decreased from HKD 7,166,608,000 to HKD 6,897,816,000, indicating a reduction of about 3.8%[6] - The company's net current assets increased slightly from HKD 206,554,000 to HKD 207,678,000, showing a growth of approximately 0.5%[7] - The total equity of the company as of September 30, 2024, was HKD 7,099,097,000, down from HKD 7,355,333,000, reflecting a decrease of about 3.5%[7] - Trade receivables decreased to HKD 4,304,000 in 2024 from HKD 4,554,000 in 2023, indicating a reduction of about 5.5%[24] - Trade payables slightly decreased to HKD 1,596,000 in 2024 from HKD 1,843,000 in 2023, a decline of approximately 13.4%[27] Revenue Sources - Rental income from property investment for 2024 was HKD 140,959,000, a slight increase from HKD 139,159,000 in 2023[15] - Property management fee income rose to HKD 20,707,000 in 2024 from HKD 18,735,000 in 2023, reflecting a growth of approximately 10.4%[15] - Interest income increased to HKD 8,982,000 in 2024 from HKD 7,609,000 in 2023, marking a growth of approximately 18.0%[16] - Operating profit from leasing business increased from HKD 108.4 million to HKD 126.4 million, representing a growth of 16.6% year-over-year[29] Investment Properties - The fair value change of investment properties resulted in a pre-tax loss of HKD 126,420,000 for 2024, compared to a loss of HKD 108,380,000 in 2023[15] - The net asset value of investment properties decreased to HKD 6,805,150,000 in 2024 from HKD 7,064,000,000 in 2023, reflecting a decline of approximately 3.7%[22] - The occupancy rates for the investment properties, Central Plaza and Kingly Commercial Building, were approximately 92% and 85% respectively as of September 30, 2024, compared to 93% and 85% in 2023[30] Dividends and Shareholder Returns - The company reported a total of HKD 90,000,000 in interim and proposed final dividends for both 2024 and 2023, maintaining the same dividend per share of HKD 1.80[19] Corporate Governance and Operations - The company has adopted new accounting standards that did not have a significant impact on its performance and financial position[10] - The board identified property investment in Hong Kong as the sole operating segment of the company[14] - The company did not engage in any acquisitions or disposals of subsidiaries or investments accounted for using the equity method during the year[33] - There were no significant capital investments or future development plans announced by the company for the year[33] - The company maintained a workforce of 14 employees, with compensation levels kept reasonable and based on performance evaluations[32] - The audit committee reviewed the risk management framework and internal control systems for the year ended September 30, 2024[36]

ＩＮＴＥＲＩＭ 中 ２０２３−２４ ￥ 1 萬邦投資有限公司 二零二三 ╱ 二零二 四 年 中期報告 CONDENSED CONSOLIDATED BALANCE SHEET 簡明綜合資產負債表 6 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 簡明綜合權益變動表 萬邦投資有限公司 二零二三 ╱ 二零二 四 年 中期報告 Melbourne Enterprises Limited Interim Report 2023/2024 10 NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION 未經審核簡明綜合中期財務資料附註 end. NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION 未經審核簡明綜合中期財務資料附註 13 Compared to the 2023 Annual Financial Statements, there were no mat ...

Financial Performance - The total comprehensive income attributable to shareholders for the year amounted to HKD 20,128 million, with a fair value gain on financial assets of HKD 1,167 million [2]. - The basic and diluted loss per share for the period was HKD 0.76, compared to HKD 0.02 in the previous period [2]. - The net profit for the six months ending March 31, 2024, was HKD 18.96 million, a significant increase from HKD 0.487 million in the same period of 2023 [28]. - The company achieved a profit before tax of HKD 27,787,000, significantly higher than HKD 7,771,000 in the prior year, marking a 257% increase [60]. - Net profit attributable to shareholders for the period was HKD 18,961,000, compared to HKD 487,000 in the previous year [60]. Assets and Liabilities - As of March 31, 2024, non-current assets included investment properties valued at HKD 7,039 million, slightly down from HKD 7,064 million as of September 30, 2023 [3]. - Cash and bank deposits decreased to HKD 242,435 million from HKD 254,113 million [3]. - Current liabilities, including accounts payable and accrued expenses, totaled HKD 38,636 million, compared to HKD 40,378 million in the previous period [3]. - The net assets of the group as of March 31, 2024, were HKD 7,330,461 million, a slight decrease from HKD 7,355,333 million [3]. - Trade receivables as of March 31, 2024, were HKD 1.47 million, a decrease from HKD 1.84 million in the previous period [33]. Revenue and Income - Interest income for the six months ended March 31, 2024, was HKD 3,592 million, down from HKD 3,769 million in the prior period [9]. - The total revenue from property investment, including rental income and property management fees, was HKD 79.89 million, compared to HKD 77.69 million in 2023 [49]. - For the six months ended March 31, 2024, the company reported revenue of HKD 79,888,000, an increase of 2.8% from HKD 77,689,000 in the same period of 2023 [60]. - Gross profit for the same period was HKD 61,664,000, up from HKD 53,879,000, reflecting a gross margin improvement [60]. Dividends - The group declared an interim dividend of HKD 1.80 per share, totaling HKD 45 million, consistent with the previous year [11]. - The company declared an interim dividend of HKD 1.80 per share, totaling HKD 45,000,000, consistent with the previous year [51]. Operational Efficiency - The company reported a decrease in operating costs to HKD 18,224,000 from HKD 23,810,000, contributing to higher profitability [60]. - Trade receivables decreased to HKD 2,787,000 as of March 31, 2024, down from HKD 4,554,000 as of September 30, 2023, indicating improved collection efficiency [55]. Investment Properties - Rental income increased by 3% to HKD 79.90 million, compared to HKD 77.70 million in 2023 [35]. - The core operating profit from leasing business rose by 18% to HKD 48.86 million, up from HKD 41.50 million in the previous year [35]. - The fair value loss on investment properties for the current period was HKD 29.90 million, an improvement from HKD 41.00 million in the same period last year [35]. - The fair value loss on investment properties was HKD 29,895,000, reduced from HKD 41,000,000 in the previous period, indicating better asset performance [60]. - The occupancy rates for the investment properties were 91.6% and 85.0% for the Central Wan Bang Building and the Jin Li Commercial Building, respectively [36]. Company Strategy - The company plans to continue focusing on its core leasing business and improving the performance of its investment properties [35]. - The group did not engage in any acquisitions or disposals of subsidiaries during the period [23]. - There were no significant capital investments or future development plans announced by the group [23]. Taxation - The effective tax rate for the group was calculated based on a two-tier system, with profits up to HKD 2,000,000 taxed at 8.25% and profits above that taxed at 16.5% [68].

Company Structure and Governance - As of September 30, 2023, the company holds a 100% equity stake in Iau On Company Limited, primarily engaged in property investment[18] - The company has a 50% equity stake in Chuen King Enterprises Limited, which is currently inactive, suggesting potential for future strategic decisions[18] - The board of directors includes key executives such as Mr. Chung Yin Shu, Frederick (Chairman) and Mr. Tsang On Yip, Patrick, indicating strong leadership[19] - The company has established a remuneration committee and nomination committee to oversee executive compensation and board member selection, enhancing governance practices[19] - The Company appointed two new Independent Non-Executive Directors on 31 May 2023[49] - The late Mr. Chung Ming Fai served as an Executive Director until his passing on 4 May 2023[33] - The Board consists of 8 Directors, including 2 Executive Directors, 2 Non-Executive Directors, and 4 Independent Non-Executive Directors[159] - The Board consists of 4 Independent Non-Executive Directors, ensuring strong independent views and input are available[172] - Non-Executive Directors serve to provide independent judgment on the Group's development, performance, and risk management[167] - The Company has fully complied with all applicable code provisions of the Corporate Governance Code throughout the year ended September 30, 2023[154] Financial Performance - The company reported a consolidated comprehensive income statement reflecting significant financial performance, although specific figures were not detailed in the provided content[7] - The Group's performance for the year is outlined in the comprehensive income statement on page 68 of the report[31] - The financial results for the year ended September 30, 2023, are included in the report, highlighting key performance metrics[31] - The Directors' Business Review includes a comprehensive analysis of the Group's performance for the fiscal year[31] - The Group's financial results for the year ended 30 September 2023 are detailed in the consolidated statement of comprehensive income[52] - The Group's performance and financial position over the last five fiscal years are summarized in the annual report[56] Dividends and Reserves - The Group's interim dividend of HK$1.80 per share was paid in July 2023, totaling HK$45,000,000, with a final dividend of HK$1.80 per share also recommended, amounting to HK$45,000,000[26] - As of September 30, 2023, the distributable reserves of the Company were HK$207,055,000, compared to HK$209,150,000 in 2022[32] - The company declared an interim dividend of HK$1.80 per share, totaling HK$45,000,000 in July 2023, and is recommending a final dividend of HK$1.80 per share, also amounting to HK$45,000,000[54] Audit and Compliance - The auditor for the company is PricewaterhouseCoopers, ensuring compliance and accuracy in financial reporting[20] - The consolidated financial statements have been audited by PricewaterhouseCoopers, who are eligible for re-appointment at the forthcoming AGM[152] - The Audit Committee has reviewed the financial reporting process and internal controls for the year[152] - The independent auditor has issued an unqualified letter regarding the Group's continuing connected transactions, confirming compliance with relevant regulations[79] Related Party Transactions - The Company has a continuing connected transaction with Fu Hop, a company ultimately owned by two Executive Directors and a Non-Executive Director[35] - The total consideration received from Fu Hop during the year ended September 30, 2023, under the Lease Agreement amounted to HK$3,621,000, which did not exceed the annual cap of HK$3,700,000[79] - The Group has established continuing connected transactions with Kin Fung Hong Limited and Dedicare Limited regarding rental income, which are exempt from shareholder approval due to being below the de minimis threshold[66] - The Group's related party transactions for the year ended September 30, 2023, are disclosed in note 25 of the consolidated financial statements[66] Accounting Policies and Financial Instruments - The Group employs the acquisition method of accounting for business combinations, recognizing identifiable assets and liabilities at their fair values at the acquisition date[78] - The Group classifies its financial assets into categories measured at fair value or amortised cost, depending on the business model for managing those assets[123] - For debt instruments, the Group measures them at amortised cost if they are held for collecting contractual cash flows, which represent solely payments of principal and interest[126] - The Group applies a forward-looking approach to assess expected credit losses for debt instruments carried at amortised cost, recognizing lifetime losses for trade receivables from initial recognition[133] - The Group recognizes financial assets on trade date, which is when the commitment to purchase or sell the asset is made[126] - The Group's interest income from financial assets is calculated using the effective interest rate method and included in financial income[126] Property and Investment Management - The main business of the Company involves property investment and holding investments in Hong Kong[30] - The Group's investment properties include land held under operating leases and buildings under finance leases, classified as investment property when meeting specific criteria[139] - Investment properties are initially measured at cost, including transaction costs, and subsequently carried at fair value, with changes recognized in the consolidated statement of comprehensive income[141] - The depreciation of property, plant, and equipment is calculated using the straight-line method over estimated useful lives of 5 to 10 years, with residual values reviewed at each reporting period[136] Corporate Social Responsibility and Diversity - The Company ensures all Directors receive timely updates on performance, financial position, and prospects to enable effective decision-making[165] - The Nomination Committee reviews the structure, size, and composition of the Board annually to ensure diversity[164] - The Company has appointed Ms. Imma Ling as Independent Non-Executive Director, fulfilling gender diversity requirements[164] - As of September 30, 2023, the workforce gender ratio achieved is 8:8 male to female, including senior management[164] Taxation and Provisions - Current taxation is based on tax laws enacted at the balance sheet date in the country of operation[183] - Deferred income tax is provided in full using the liability method on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements[187] - Deferred income tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilized[191] - A provision for the bonus plan is recognized when the Company has a present legal or constructive obligation as a result of services rendered by employees[197]