Financial Performance - For the three months ended December 31, 2022, the revenue was HK$65,331,000, representing an increase of 100.5% compared to HK$32,606,000 for the same period in 2021[14] - For the nine months ended December 31, 2022, the revenue reached HK$167,552,000, up 99.5% from HK$84,100,000 in the previous year[14] - Profit before taxation for the three months ended December 31, 2022, was HK$13,928,000, a decrease of 4.2% from HK$14,542,000 in the same period of 2021[14] - Profit for the period for the three months ended December 31, 2022, was HK$12,395,000, compared to HK$12,160,000 for the same period in 2021, reflecting a growth of 1.9%[14] - The total comprehensive income for the nine months ended December 31, 2022, was HK$30,671,000, compared to HK$30,164,000 for the same period in 2021, showing a slight increase of 1.7%[14] - For the nine months ended December 31, 2022, the profit attributable to owners of the Company was HK$31,160,000, compared to HK$30,184,000 for the same period in 2021, representing a growth of 3.2%[15] - The profit for the nine months ended 31 December 2022 was approximately HK$30.7 million, slightly up from approximately HK$30.2 million for the same period in 2021[114] Revenue Streams - For the nine months ended December 31, 2022, total revenue from external customers was HK$167,552,000, with significant contributions from the Retail Business (HK$860,000) and Money Lending Business (HK$2,713,000) [42] - The OEM Business generated revenue of HK$100,000, while the Property Investment Business contributed HK$42,040,000, indicating diverse revenue streams across segments [42] - Tuition fees from financial quotient and education courses amounted to HK$121,839,000, up from HK$81,463,000, reflecting a growth of 49.7%[45] - Interest income from loan receivables increased to HK$2,713,000, compared to HK$2,175,000, marking a rise of 24.7%[45] - Garment products revenue surged to HK$960,000, compared to HK$310,000, indicating a growth of 209.7%[45] - Revenue from private supplementary education courses rose to HK$42,040,000 from HK$152,000, a dramatic increase of 27,646.7%[45] - The Financial Quotient and Investment Education Business reported revenue of approximately HK$121.8 million, an increase of approximately 49.6% compared to HK$81.5 million in the previous financial year, with over 3,000 students enrolled[77] - The Private Supplementary Education Business generated revenue of approximately HK$42.0 million during the nine months ended December 31, 2022[85] Expenses and Costs - The cost of sales for the three months ended December 31, 2022, was HK$23,222,000, which is significantly higher than HK$7,049,000 for the same period in 2021[14] - Administrative expenses for the nine months ended December 31, 2022, totaled HK$70,122,000, compared to HK$28,125,000 in the previous year, indicating a rise of 149.5%[14] - The Group's cost of sales increased by 241.9% to approximately HK$55.9 million for the nine months ended December 31, 2022, primarily due to increased costs in the Financial Quotient and Investment Education Business and Private Supplementary Education Business[109] - Selling and administrative expenses rose to approximately HK$76.6 million, an increase of approximately HK$45.4 million compared to HK$31.2 million in the previous year, mainly due to the commencement of the private supplementary education business[113] Financial Position - As of December 31, 2022, total equity attributable to owners of the Company was HK$244,498,000, an increase from HK$216,139,000 as of December 31, 2021[20] - As of 31 December 2022, the Group had approximately HK$29.5 million in bank balances and cash, an increase from approximately HK$21.0 million as of 31 March 2022[115] Corporate Governance and Compliance - The company has confirmed that the information contained in the report is accurate and complete in all material respects, ensuring transparency for investors[4] - The Company established a Compliance Committee on 20 June 2022 to oversee regulatory compliance with applicable laws and regulations[171] - The Company engaged an independent legal adviser for compliance consultation from 1 July 2022 to 30 June 2023[174] - The Company has fulfilled all Resumption Guidance and applied for the resumption of trading in its Shares effective from 9 August 2022[168] - The Company has complied with all applicable code provisions of the Corporate Governance Code, except for a deviation regarding the separation of roles[159] Shareholder Information - The Board of Directors did not recommend any payment of an interim dividend for the nine months ended 31 December 2022, while in 2021, an interim dividend of HK$0.0075 per share was declared[60] - The Company has proposed a bonus issue of Shares at a ratio of one (1) Bonus Share for every ten (10) existing Shares held by Qualifying Shareholders[177] - The company proposed a bonus share issuance of 1 share for every 10 shares held by eligible shareholders as of September 26, 2022[179] - The total number of shares for which options may be granted under the share option scheme is capped at 10% of the company's issued shares at any time without prior shareholder approval[139] Business Segments and Strategy - The company operates multiple business segments, including OEM, retail, money lending, financial education, property investment, and private supplementary education[66] - The Group's segment reporting includes six distinct business lines, including OEM, Retail, Money Lending, Financial Education, Property Investment, and Private Supplementary Education [35] - The Group aims to invest resources to expand its share in the financial quotient and investment education market while broadening its customer base[95] - The Group will continue to seek opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asia-Pacific region[82] - The Group is committed to strengthening its customer base in the OEM Business and will continue to seek new orders and customers[89] - Management will closely monitor consumer behavior in the Retail Business and implement timely strategies to address the impact of COVID-19[90] Acquisitions and Investments - The Company acquired a subsidiary during the nine months ended December 31, 2022, which contributed HK$64,000 to total equity[20] - On 16 August 2022, the Group agreed to acquire 100% equity interest of MPS Dance Limited for HK$15 million, which includes cash and promissory notes, enhancing its portfolio in the education sector[120] - On September 27, 2022, Able Glorious agreed to acquire 75% equity interest in Hong Kong Institute of Professional Studies Limited for HK$2,000,000, to be settled in cash[124] - The acquisition of HKIPS is expected to enhance the company's capabilities in financial analysis education[124] Director and Executive Interests - The company has not disclosed any significant changes in the interests of directors and chief executives in shares or debentures as of December 31, 2022[132] - The company has not engaged in any arrangements for directors and chief executives to acquire benefits through share or debt securities acquisition as of December 31, 2022[135] - Each director confirmed compliance with the required standard of dealings during the nine months ended December 31, 2022[152]

Revenue Growth - For the three months ended September 30, 2022, the revenue was HK$52,107,000, an increase from HK$20,965,000 in the same period of 2021, representing a growth of 148%[13] - For the six months ended September 30, 2022, the revenue reached HK$102,221,000, compared to HK$51,494,000 in the corresponding period of 2021, indicating a growth of 98%[13] - Revenue from major products and services reached HK$102,221,000 for the six months ended September 30, 2022, compared to HK$51,494,000 in the same period of 2021, representing a 98.5% increase[106] - Tuition fees from private supplementary education services contributed HK$79,985,000, up from HK$49,908,000 year-on-year, indicating a 60.4% growth[106] Profit and Income - Profit before taxation for the three months ended September 30, 2022, was HK$4,636,000, up from HK$3,877,000 in the same period of 2021, reflecting an increase of 20%[13] - The profit and total comprehensive income for the period for the three months ended September 30, 2022, was HK$3,562,000, compared to HK$3,201,000 in the same period of 2021, showing a growth of 11%[13] - The Group's profit before taxation for the six months ended September 30, 2022, was HK$21,340,000, compared to HK$21,342,000 in the same period of 2021, showing a slight decrease[13] - The company reported a total comprehensive income of HK$18,894,000 for the six months ended September 30, 2022, compared to HK$18,021,000 for the same period in 2021, reflecting a growth of 4.8%[15] - For the six months ended September 30, 2022, the profit attributable to ordinary equity holders was HK$9,000,000, a decrease from HK$12,000,000 in 2021[122] Expenses and Costs - Selling and distribution expenses for the three months ended September 30, 2022, were HK$2,772,000, an increase from HK$1,915,000 in the same period of 2021[13] - Administrative and other expenses for the three months ended September 30, 2022, amounted to HK$26,942,000, compared to HK$7,694,000 in the same period of 2021, indicating a significant increase[13] - Finance costs for the three months ended September 30, 2022, were HK$122,000, down from HK$644,000 in the same period of 2021[13] - Total employee benefits expenses for the six months ended September 30, 2022, amounted to HK$29,227,000, significantly higher than HK$6,037,000 in 2021[122] Assets and Liabilities - Non-current assets increased to HK$227,914,000 as of September 30, 2022, compared to HK$213,395,000 as of March 31, 2022, reflecting a growth of 6.8%[17] - Current assets rose to HK$127,952,000 as of September 30, 2022, up from HK$115,994,000 as of March 31, 2022, indicating a 10.5% increase[19] - Net current assets improved to HK$63,152,000 as of September 30, 2022, compared to HK$50,104,000 as of March 31, 2022, representing a growth of 25.0%[19] - Total equity attributable to owners of the Company was HK$232,232,000 as of September 30, 2022, an increase from HK$213,338,000 as of March 31, 2022, marking an 8.8% rise[21] - Consolidated total assets amounted to HK$325,865,000[87] - Consolidated total liabilities were reported at HK$125,485,000[87] Cash Flow - For the six months ended September 30, 2022, net cash generated from operating activities was HK$5,040,000, compared to a net cash used of HK$6,649,000 in the same period of 2021[32] - The net decrease in cash and cash equivalents for the six months ended September 30, 2022, was HK$904,000, compared to a decrease of HK$62,457,000 in the same period of 2021[34] - Cash and cash equivalents at the end of the period were HK$20,114,000, down from HK$72,944,000 at the beginning of the period[34] - The company reported a net cash outflow from the acquisition of subsidiaries amounting to HK$4,882,000[32] Business Segments - The company is primarily engaged in manufacturing and sales of OEM garment products, retailing and wholesaling of garment products, and providing loan services[37] - The OEM Business generated significant revenue, contributing to the overall performance of the Group[54] - The Retail Business, which includes sales under the Group's own brand, is a key segment for revenue generation[54] - The Money Lending Business provided loan services, contributing to the Group's diversified income streams[54] - The Financial Quotient and Investment Education Business offered courses, enhancing the Group's educational service offerings[54] - The Property Investment Business focused on generating rental income and capital appreciation in the Asia Pacific region[54] - The Group's reportable segments include OEM, Retail, Money Lending, Financial Education, and Property Investment, each contributing to overall performance[55] Share Options and Dividends - On 14 October 2022, a total of 35,844,000 share options were granted, including 11,480,000 options to directors and substantial shareholders[170] - The share option scheme allows for options to be granted up to 10% of the shares in issue at any time, requiring prior shareholder approval for any excess[164] - The board of directors does not recommend any payment of an interim dividend for the six months ended September 30, 2022, compared to HK$0.0075 per share in 2021[124] - The company plans to consider declaring a special dividend for the year ending March 31, 2023[124] Strategic Focus - The interim report indicates that the Group is focused on expanding its market presence and enhancing operational efficiency to drive future growth[12] - The Group will continue to focus on expanding the customer base by diversifying the service scope of the OEM business[193] - The Group has adopted a prudent approach in restructuring its sales network to minimize operating costs while adapting to consumer preferences[194] - The Group's OEM business remains committed to development despite recent downturns in the garment sector[193] Legal and Compliance - The interim financial statements have been prepared in accordance with Hong Kong Accounting Standard 34, indicating compliance with relevant financial reporting standards[38] - The Group recognized a provision of HK$1,735,000 related to a legal claim, reflecting a probable outflow of economic benefits[186]

Financial Performance - Revenue for the three months ended June 30, 2022, was HK$50,114,000, representing an increase of 64.3% compared to HK$30,529,000 for the same period in 2021[14]. - Profit before taxation for the period was HK$16,704,000, slightly down from HK$17,465,000 in the previous year, indicating a decrease of 4.4%[14]. - Total comprehensive income for the period was HK$14,702,000, compared to HK$14,803,000 in the same period last year, reflecting a decrease of 0.7%[14]. - Earnings per share for the period were HK$4.20 (basic) and HK$3.92 (diluted), compared to HK$4.82 (basic) and HK$4.42 (diluted) in the previous year[16]. - The comprehensive income for the three months ended June 30, 2022, was HK$226.819 million, compared to HK$177.761 million for the same period in the previous year, indicating a year-over-year increase of about 27.6%[144]. - Profit attributable to ordinary equity holders of the Company for the period was HK$15,057,000, slightly up from HK$14,807,000 in the previous year[200]. - Income tax expenses for the current period were HK$2,002,000, down from HK$2,662,000 in the previous year, reflecting a decrease of 25%[191]. Expenses and Costs - The cost of sales for the three months ended June 30, 2022, was HK$14,875,000, up from HK$4,563,000 in the same period last year, indicating a significant increase[14]. - Administrative expenses for the period were HK$1,269,000, compared to HK$149,000 in the previous year, showing a substantial rise[14]. - Total employee benefits expenses amounted to HK$11,694,000, significantly higher than HK$2,900,000 in the same period last year[195]. - Finance costs for the period were HK$23,000, a decrease from HK$969,000 in the same period last year, indicating improved financial management[14]. Assets and Liabilities - As of June 30, 2022, the company reported total assets of HK$228.395 million, an increase from HK$211.333 million as of April 1, 2022, representing a growth of approximately 8.1%[119]. - The company’s total liabilities as of June 30, 2022, were HK$102.622 million, which is an increase from HK$87.585 million as of April 1, 2022, reflecting a rise of approximately 17.1%[141]. Business Segments - The Group's reportable segments include OEM Business, Retail Business, Money Lending Business, Financial Quotient and Investment Education Business, Property Investment Business, and Private Supplementary Education Business[161]. - For the three months ended June 30, 2022, the total revenue from reportable segments was HK$49,268,000, with a profit before taxation of HK$16,704,000[171]. - The Retail Business generated revenue of HK$40,347,000, while the Money Lending Business contributed HK$787,000 to the profit[171]. - The Group reported a loss of HK$2,682,000 from the Private Supplementary Education Business for the same period[171]. - Revenue from private supplementary education services increased to HK$40,347,000, up 36% from HK$29,555,000 in the same period last year[183]. Corporate Governance and Compliance - The company has confirmed that the information in the report is accurate and complete in all material respects, ensuring transparency for investors[5]. - The report highlights the company's commitment to compliance with the GEM Listing Rules, reflecting its dedication to maintaining high standards of corporate governance[5]. Future Strategies and Market Expansion - The company is focused on expanding its market reach and enhancing its product offerings, which may include new product lines and technological advancements in the garment sector[153]. - Future strategies may include enhancing product offerings and exploring new market opportunities within the Asia Pacific region[161]. - The company’s investment holding activities include providing loan services and financial education courses, which are expected to enhance revenue streams moving forward[153]. Dividends - The Group did not declare any interim dividend for the three months ended June 30, 2022, compared to HK$0.0075 per share in 2021[197]. - The Group is considering declaring a special dividend for the year ending March 31, 2023[196]. Revenue Sources - Revenue from external customers amounted to HK$30,529,000, with no inter-segment revenue reported for the three months ended June 30, 2022[177]. - The geographical revenue from Hong Kong was HK$50,114,000, which is a 64% increase from HK$30,529,000 in the previous year[187].

Business Segments - The Group's revenue is derived from six main business segments: OEM, Retail, Money Lending, Financial Education, Property Investment, and Private Supplementary Education[18] - The OEM business includes product design, raw materials sourcing, manufacturing, and quality control management[18] - The Retail Business focuses on cashmere apparel and accessories marketed under the Group's own and high-end fashion brands[18] - The Money Lending Business provides financing to customers, generating interest income[18] - The Financial Quotient and Investment Education Business offers courses for tuition fees[18] - The Group's property investment segment contributes to its overall revenue[18] - The Private Supplementary Education Business provides courses for students in exchange for tuition fees[18] Financial Performance - The Group's revenue increased from approximately HK$96.5 million for the year ended 31 March 2021 to approximately HK$115.1 million for the year ended 31 March 2022, representing an increase of approximately 19.3%[45] - The Financial Quotient and Investment Education Business achieved revenue of approximately HK$97.6 million, an increase of approximately 43.2% from approximately HK$68.1 million in the last financial year[29] - The Group's profit for the year ended 31 March 2022 was approximately HK$26.0 million, a decrease from approximately HK$40.4 million for the year ended 31 March 2021[55] - Selling and administrative expenses for the year ended 31 March 2022 were approximately HK$50.6 million, representing an increase of approximately HK$21.4 million from HK$29.2 million in the previous year[51] - The Group's cash position decreased by approximately 71.2%, with unpledged bank balances and cash amounting to approximately HK$21.0 million as at 31 March 2022, down from HK$72.9 million in the previous year[55] - The Group's total borrowings as at 31 March 2022 were HK$5.0 million, a significant decrease from HK$68.6 million as at 31 March 2021, resulting in a gearing ratio of approximately 2.4%[55] Business Strategies and Future Plans - The Group is committed to expanding its market presence and enhancing product offerings[18] - Future strategies include potential market expansion and new product development initiatives[18] - The Group plans to expand its customer base in the OEM Business by diversifying its service offerings[35] - The Group will continue to seek opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asian-Pacific region[29] - The Group estimates that the Private Supplemental Education Business will become profitable in the next financial year[34] - The Group has adopted a prudent approach in restructuring its sales network to minimize operating costs while adapting to the shift towards online shopping[23] Market and Consumer Behavior - The Group will continue to monitor consumer behavior closely and implement timely strategies in response to the adverse impacts of the COVID-19 outbreak on the Retail Business[36] - The Group's management remains optimistic about the long-term prospects of the Retail Business despite current uncertainties[36] Corporate Governance and Management - The company emphasizes the importance of corporate governance through its independent board members, ensuring compliance and accountability[102][111] - The management team is committed to enhancing operational efficiency and strategic growth through experienced leadership[95][97] - The company is expanding its management team with experienced professionals from various sectors, enhancing its strategic capabilities[96][101] - The independent non-executive directors bring extensive experience in media, public affairs, and corporate governance, contributing to the company's strategic oversight[100][104] Investments and Acquisitions - On 31 March 2022, the company agreed to acquire 100% equity interest of Brilliant Ever Global Limited for HK$40 million, to be settled by HK$33 million in promissory notes and HK$6 million in cash[62] - The group commenced a new business of private supplementary education services, generating tuition income of approximately HK$14.0 million for the year ended 31 March 2022[45] - There were no significant investments or material acquisitions during the year ended 31 March 2022, aside from the disclosed transactions[62] Environmental Responsibility - The Group is committed to long-term sustainability and implements environmentally responsible practices, including energy saving and waste reduction measures[130] - The Group encourages the use of recycled materials and practices such as double-sided printing to reduce environmental impact[130] - The Group's commitment to compliance with environmental laws and regulations is emphasized in its operational practices[130] Shareholder Information - An interim dividend of HK$0.0075 per share was declared for the three months ended 30 June 2021, compared to HK$0.0066 per share in the previous year[121] - The Board does not recommend the payment of a final dividend for the year ended 31 March 2022, which was HK$0.0072 per share in 2021[124] - There were no arrangements for any shareholder to waive or agree to waive any dividend during the year ended 31 March 2022[125] Employee and Director Information - The group had approximately 90 employees as of 31 March 2022, an increase from 60 employees in the previous year[62] - The remuneration packages for the Group's staff are subject to regular review to ensure competitiveness[168] - The remuneration of Directors and senior management for the year ended 31 March 2022 included 8 individuals earning below HK$1,000,000[161] - The Company has arranged appropriate directors' and officers' liability insurance coverage for its directors and officers[141] Compliance and Legal Matters - The Company was ordered to be wound up on November 1, 2021, by the High Court of Hong Kong[66] - The Court did not make a winding-up order after the hearing on November 1, 2021, allowing Mr. Lui to oppose the petition[73] - The winding-up petition was scheduled for dismissal on December 13, 2021, with the hearing vacated[75] - Trading in the Company's shares was suspended from 9:00 a.m. on October 19, 2021[77] - The Company received initial resumption guidance from the Stock Exchange, including the withdrawal of the winding-up petition and demonstrating management integrity[77] - An additional resumption guidance was issued on June 14, 2022, requiring an independent internal control review[78] - The Company is actively working to fulfill the resumption guidance while continuing its business operations[79] Related Party Transactions - There were no significant related party transactions during the year ended March 31, 2022, aside from key management personnel compensation[198] - The report indicates no significant contracts involving directors or their connected entities as of March 31, 2022[170] - There were no competing business interests reported by the directors as of March 31, 2022[170]

Financial Performance - Legendary Group Limited reported its third-quarter performance for 2021, with a focus on financial metrics and operational highlights[11]. - Revenue for the three months ended December 31, 2021, was HK$32,606,000, a decrease of 4.0% from HK$33,969,000 in the same period of 2020[14]. - Profit before taxation for the three months ended December 31, 2021, was HK$14,542,000, down 32.4% from HK$21,513,000 in the same period of 2020[14]. - Profit and total comprehensive income for the period attributable to owners of the Company was HK$12,160,000, compared to HK$17,817,000 in the same period of 2020, representing a decrease of 31.5%[15]. - Basic earnings per share for the three months ended December 31, 2021, was HK$3.39, down from HK$6.83 in the same period of 2020[15]. - Revenue for the nine months ended December 31, 2021, increased to HK$84,100,000, up 14.5% from HK$73,466,000 in the same period of 2020[14]. - Profit before taxation for the nine months ended December 31, 2021, was HK$35,884,000, a slight decrease of 4.1% from HK$37,409,000 in the same period of 2020[14]. - The total comprehensive income for the nine months ended December 31, 2021, was HK$30,164,000, compared to HK$30,926,000 in the same period of 2020, indicating a slight decrease of 2.5%[15]. - The Group reported other income of HK$4,147,000 for the three months ended December 31, 2021, significantly higher than HK$229,000 in the same period of 2020[14]. - Administrative expenses for the three months ended December 31, 2021, increased to HK$12,031,000, compared to HK$4,533,000 in the same period of 2020, reflecting a rise of 165.5%[14]. - The Group's finance costs for the three months ended December 31, 2021, were HK$462,000, down from HK$668,000 in the same period of 2020, a decrease of 30.9%[14]. Business Segments - The OEM Business segment generated substantial revenue, contributing to the overall performance of the company[42]. - The Retail Business segment, which includes sales under the company's own and high-end fashion brands, showed promising growth trends[42]. - The Money Lending Business continued to expand, providing loan services that supported the company's financial performance[42]. - The Financial Quotient and Investment Education Business is gaining traction, offering courses that enhance customer engagement and revenue streams[42]. - Revenue from garment products was HK$310,000, a significant decrease from HK$22,200,000 in the previous year[79]. - Tuition fees from financial quotient and education courses generated HK$81,463,000, up from HK$48,103,000, marking an increase of approximately 69.3%[79]. - The Money Lending Business reported interest income of approximately HK$2.2 million, representing a decrease of approximately 31.2% compared to the previous period[124]. - The Financial Quotient and Investment Education Business achieved revenue of approximately HK$81.5 million, an increase of over 69.4% compared to approximately HK$48.1 million for the corresponding period in 2020[126]. - The Wholesaling Business did not generate any revenue during the nine months ended 31 December 2021, primarily due to the impact of the coronavirus outbreak in Hong Kong[125]. Governance and Compliance - The company emphasized the importance of adhering to the GEM Listing Rules, ensuring the accuracy and completeness of the financial information provided[5]. - The audit committee is chaired by Mr. Chan Kim Fai Eddie, ensuring financial oversight and compliance[10]. - The company has made commitments to transparency and accountability in its financial reporting, as stated by the directors[5]. - The company has not adopted any new/revised HKFRSs that could significantly impact its financial position as of the reporting date[36]. - The third quarterly financial statements were prepared in accordance with HKFRSs, ensuring compliance with local regulations[33]. - The company confirmed compliance with the required standards of dealings in securities transactions by Directors[190]. - All Directors confirmed full compliance with the required standard of dealings during the nine months ended December 31, 2021[191]. - The company has complied with all applicable code provisions of the Corporate Governance Code, except for a deviation from code provision A.2.1 regarding the separation of the roles of chairman and CEO[197]. - The Audit Committee consists of three independent non-executive directors and has reviewed the financial statements, confirming compliance with applicable accounting standards and GEM Listing Rules[198]. Strategic Initiatives - The company is actively involved in property investment in the Asia Pacific region, which is a key focus for future growth[42]. - The Group plans to expand its customer base in the OEM Business by diversifying its service scope and acquiring new clients from the non-garment textile sector[123]. - The Group will continue to enhance its marketing strategy in the Retail Business to further expand its customer base[123]. - The Group aims to invest resources to expand market share and broaden its customer base in the Financial Quotient and Investment Education Business[138]. - The Group has been actively seeking potential investment opportunities to enhance shareholder value while focusing on developing existing businesses[138]. - The Group will continue to seek opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asia-Pacific region[138]. Legal and Corporate Actions - The company faced a winding-up petition from shareholders holding over 3% of the issued shares, with a court ruling on October 18, 2021, that did not result in a winding-up order[109]. - The court allowed interested parties to file evidence opposing the winding-up petition by November 29, 2021[114]. - A provision of HK$1,735,000 was recognized for a legal claim related to a tenancy agreement breach, reflecting the company's assessment of probable economic outflow[106]. - The company is actively managing its legal challenges while pursuing strategic acquisitions to enhance its market position[106]. - The group disposed of an inactive subsidiary during the nine months ended December 31, 2021, resulting in a loss of approximately HK$1.9 million[153]. - On September 20, 2021, the group agreed to acquire 100% equity interest of KC Training Group for HK$9 million, to be settled through a combination of shares, cash, and assumption of liabilities[153]. Share Capital and Structure - The stock code for Legendary Group Limited is 8195, which is essential for trading and investment purposes[12]. - The company underwent a share consolidation on September 24, 2021, consolidating every five issued and unissued ordinary shares into one ordinary share, adjusting the par value accordingly[158]. - The company's authorized share capital is HKD 500,000,000, divided into 1,000,000,000,000 shares with a par value of HKD 0.0005 each[160]. - The company reported a significant increase in the weighted average number of ordinary shares due to share options exercised, impacting earnings per share calculations[102]. - A total of 127,992,000 share options were granted on March 26, 2021[172]. - The maximum number of shares for options granted cannot exceed 10% of the company's issued shares without shareholder approval[170]. - The number of shares that can be granted to any individual in a year is limited to 1% of the company's issued shares without shareholder approval[170]. - Share options must be exercised within 28 days of grant, with an exercise price determined by the Directors[172].

Financial Performance - The Group reported unaudited condensed consolidated results for the six months ended September 30, 2021, with comparative figures for the same period in 2020[15]. - Revenue for the three months ended September 30, 2021, was HK$20,965,000, a decrease of 30.1% compared to HK$30,122,000 in the same period of 2020[16]. - Profit before taxation for the six months ended September 30, 2021, was HK$21,342,000, compared to HK$15,896,000 in the same period of 2020, representing an increase of 34.5%[16]. - For the six months ended September 30, 2021, the profit for the period was HK$18,021,000, compared to HK$13,444,000 for the same period in 2020, representing an increase of approximately 34.5%[102]. - The total comprehensive income for the period ended September 30, 2021, was HK$18,021,000, compared to HK$13,444,000 for the same period in 2020[31]. - The company reported a total equity of HK$204,034,000 as of September 30, 2021, an increase from HK$63,088,000 as of September 30, 2020[31]. Revenue and Segments - Total revenue from external customers amounted to HK$51,498,000, with HK$49,908,000 from goods transferred at a point in time and HK$1,586,000 from other resources[67]. - For the six months ended 30 September 2021, total revenue was HK$51,494,000, an increase of 30.3% compared to HK$39,497,000 in the same period of 2020[89]. - Tuition fee revenue from financial quotient and education courses was HK$49,908,000, up 140.3% from HK$20,786,000 in 2020[89]. - Revenue from the OEM Business, Retail Business, and Wholesaling Business decreased to nil for the six months ended 30 September 2021 due to the outbreak of coronavirus in Hong Kong[198]. - The Financial Quotient and Investment Education Business generated revenue of approximately HK$49.9 million for the six months ended 30 September 2021, representing a substantial increase of approximately 140% compared to the same period in 2020[199]. Cash Flow and Assets - The net cash used in operating activities was HK$6,649,000, compared to HK$39,186,000 generated in the same period of 2020[32]. - Cash and cash equivalents decreased significantly to HK$10,487,000 as of September 30, 2021, from HK$72,944,000 as of March 31, 2021[20]. - Total assets less current liabilities as of September 30, 2021, amounted to HK$237,522,000, slightly down from HK$239,026,000 as of March 31, 2021[22]. - Consolidated total assets reached HK$314,481,000, while consolidated total liabilities were HK$110,447,000[70]. Strategic Initiatives - Future outlook suggests potential growth opportunities in emerging markets, with a focus on expanding the product line[15]. - The Group is investing in new product development and technology to enhance competitive advantage[15]. - Market expansion strategies are being evaluated to increase the Group's footprint in key regions[15]. - The Group is considering strategic acquisitions to bolster its market position and diversify offerings[15]. - The Group intends to invest resources to expand market share and broaden its customer base in the Financial Quotient and Investment Education Business[196]. Shareholder and Corporate Governance - The Board remains committed to transparency and accuracy in reporting financial performance and strategic initiatives[15]. - An interim dividend of HK$0.0075 per share was declared for 1,782,280,296 issued shares, totaling approximately HK$13,367,102.22 for the three months ended 30 June 2021, compared to no dividend in 2020[105]. - The company changed its name from L & A International Holdings Limited to Legendary Group Limited on August 31, 2021[36]. - The company issued 358,456,059 ordinary shares at HK$0.0005 each as of September 30, 2021, following a share consolidation[156]. Operational Efficiency - The financial statements include key performance indicators that reflect the Group's operational efficiency and market position[15]. - Ongoing assessment of operational strategies is aimed at improving overall performance and shareholder value[15]. - The company reported a significant bad debt recovery, which positively influenced the profit margins[75]. - The total employee benefits expenses for the six months ended September 30, 2021 amounted to HK$6,037,000, up from HK$2,843,000 in 2020, indicating a significant increase of approximately 112.5%[102]. Legal and Compliance Issues - A winding-up petition was filed by two shareholders holding over 3% of the Company's issued shares, with the High Court ordering the Company to be wound up on 1 November 2021[172]. - The Court has adjourned the winding-up petition until 9:30 a.m. on 9 December 2021 for a Case Management Conference, with a substantial hearing reserved for mid-2022[181].

Financial Performance - The Group reported unaudited condensed consolidated results for the six months ended September 30, 2021, with comparative figures for the same period in 2020[15]. - Revenue for the three months ended September 30, 2021, was HK$20,965,000, a decrease of 30.5% compared to HK$30,122,000 in 2020[16]. - Profit before taxation for the six months ended September 30, 2021, was HK$21,342,000, compared to HK$15,896,000 in 2020, reflecting a 34.5% increase[16]. - Basic earnings per share for the three months ended September 30, 2021, was HK$0.94, down from HK$4.85 in 2020, indicating a decline of 80.6%[18]. - The total comprehensive income for the period ended September 30, 2021, was HK$18,021,000, compared to HK$13,444,000 for the same period in 2020[31]. - For the six months ended September 30, 2021, profit for the period was HK$18,021,000, compared to HK$13,444,000 for the same period in 2020, representing an increase of approximately 34.5%[102]. Revenue and Segment Analysis - Total revenue from external customers amounted to HK$51,498,000, with HK$49,908,000 from goods transferred at a point in time and HK$1,586,000 from other resources[67]. - For the six months ended 30 September 2021, total revenue was HK$51,494,000, an increase of 30.3% compared to HK$39,497,000 in the same period of 2020[89]. - Tuition fee revenue from financial quotient and education courses was HK$49,908,000, up 140.3% from HK$20,786,000 in the previous year[89]. - Revenue from the OEM Business, Retail Business, and Wholesaling Business decreased to nil for the six months ended 30 September 2021 due to the outbreak of coronavirus in Hong Kong[198]. - The Financial Quotient and Investment Education Business generated revenue of approximately HK$49.9 million for the six months ended 30 September 2021, representing a substantial increase of approximately 140% compared to the same period in 2020[199]. Assets and Liabilities - Total assets less current liabilities as of September 30, 2021, amounted to HK$237,522,000, slightly down from HK$239,026,000 as of March 31, 2021[22]. - Non-current assets increased to HK$169,449,000 as of September 30, 2021, compared to HK$168,570,000 as of March 31, 2021[20]. - Consolidated total assets reached HK$314,481,000, while consolidated total liabilities were HK$110,447,000[70]. - Reportable segment liabilities totaled HK$63,622,000, with promissory note payables at HK$26,030,000[70]. Cash Flow and Investments - The net cash used in operating activities was HK$6,649,000, compared to HK$39,186,000 generated in the same period of 2020[32]. - The net cash used in investing activities for the six months ended September 30, 2021, was HK$1,176,000, a decrease from HK$10,129,000 generated in the same period of 2020[32]. - The net cash used in financing activities for the six months ended September 30, 2021, was HK$54,632,000, compared to HK$9,193,000 in 2020[34]. - The company reported a cash and cash equivalents balance of HK$10,487,000 at the end of the period, down from HK$42,252,000 at the end of the previous year[34]. Strategic Initiatives - Future outlook suggests potential growth opportunities in emerging markets, with a focus on expanding the product line[15]. - The Group is investing in new product development and technology to enhance competitive advantage[15]. - Market expansion strategies are being evaluated to increase the Group's footprint in key regions[15]. - The Group is considering strategic acquisitions to bolster its market position and diversify offerings[15]. - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the interim report[92]. Corporate Governance and Compliance - The Board remains committed to transparency and accuracy in reporting financial performance and strategic initiatives[15]. - The Group's interim financial statements for the six months ended 30 September 2021 are prepared in accordance with the Hong Kong Financial Reporting Standards, with no significant effects on results or financial position[43]. - The company changed its name from L & A International Holdings Limited to Legendary Group Limited on August 31, 2021[36]. - A winding-up petition was filed by two shareholders holding over 3% of the Company's issued shares, with the High Court ordering the Company to be wound up on 1 November 2021[172]. Employee and Management Compensation - The total employee benefits expenses for the six months ended September 30, 2021 amounted to HK$6,037,000, up from HK$2,843,000 in 2020, indicating a significant increase of approximately 112.5%[102]. - Directors' remuneration for the six months ended September 30, 2021 totaled HK$825,000, an increase from HK$724,000 in 2020, representing an increase of approximately 14%[102]. - For the three months ended September 30, 2021, the total compensation for directors and key management personnel was HK$453,000, compared to HK$391,000 in the same period of 2020, reflecting an increase of approximately 15.9%[162].

Financial Performance - Revenue for the three months ended June 30, 2021, was HK$30,529,000, a significant increase of 226% compared to HK$9,375,000 in the same period of 2020[12]. - Profit before taxation for the period was HK$17,465,000, compared to HK$887,000 in the previous year, indicating a substantial growth[12]. - Total comprehensive income for the period attributable to owners of the Company was HK$14,803,000, up from HK$887,000 in 2020[14]. - Basic earnings per share for the period was 0.96 HK cents, compared to 0.08 HK cents in the same period last year[15]. - The Group's profit and total comprehensive income for the period was HK$14,803,000, a significant increase from HK$887,000 in 2020[12]. - For the three months ended June 30, 2021, the company reported a total comprehensive income of HK$177.761 million, compared to HK$174.019 million for the same period in the previous year, representing an increase of approximately 1.57%[140]. - The company's revenue for the three months ended June 30, 2021, was HK$96.988 million, reflecting a growth from HK$82.181 million in the previous year, which is an increase of about 18.5%[137]. - The company reported a profit for the period of HK$6,000,000, compared to a loss of HK$6,188,000 in the same period of 2020, indicating a turnaround in performance[169]. - Profit attributable to ordinary equity holders for the three months ended June 30, 2021, was HK$14,807,000, a significant increase from HK$1,037,000 in the same period of 2020, representing a growth of approximately 1,332%[177]. Cost Management - The cost of sales for the three months ended June 30, 2021, was HK$4,563,000, compared to HK$7,895,000 in 2020, reflecting improved cost management[12]. - Administrative expenses increased to HK$8,400,000 from HK$2,273,000 in the previous year, indicating higher operational costs[12]. - Finance costs for the period were HK$969,000, an increase from HK$339,000 in 2020, suggesting higher borrowing costs[12]. - The cost of inventories recognized as an expense was HK$2,900,000, compared to HK$7,742,000 in the previous year, showing a decrease of 63%[169]. - Total employee benefits expenses increased to HK$3,873,000, up from HK$1,262,000, reflecting a rise of 207% year-over-year[169]. - Depreciation of property, plant, and equipment increased to HK$862,000 from HK$35,000, indicating a significant rise in asset utilization[169]. Business Segments - The Group's revenue for the three months ended June 30, 2021, is segmented into various business lines, including OEM, Retail, Money Lending, Wholesaling, Financial Education, and Property Investment[149]. - The Group's various business segments include a mix of manufacturing, retailing, lending, and educational services, reflecting a diversified business model[149]. - The Group's financial education business provides courses aimed at enhancing customers' financial literacy and investment knowledge[149]. - The Property Investment Business focuses on investing in properties within the Asia Pacific region, contributing to the Group's overall revenue[149]. - The Money Lending Business generated interest income of approximately HK$1.0 million during the three months ended 30 June 2021[199]. - Revenue from major products and services is analyzed to assess the performance of each segment, with specific focus on sales generated by those segments[160]. Market Presence and Strategy - The Company continues to focus on expanding its market presence and enhancing operational efficiency to drive future growth[12]. - The company is focused on expanding its market presence through the provision of financial quotient and investment education courses, as well as property investment[146]. - The Group is actively seeking new customers and orders in the OEM Business segment despite a downturn in the garment sector of the consumer market[192]. - The company has not reported any significant changes in its operational strategies or new product developments during this quarter[147]. Dividends and Equity - The company’s annual dividend for the period was reported as HK$11.059 million, consistent with previous distributions[118]. - The interim dividend declared is HK$0.0075 per share, totaling approximately HK$13,367,102.22 based on 1,782,280,296 shares outstanding[172]. - The total equity of the company as of June 30, 2021, was HK$67.099 million, compared to HK$71.82 million as of April 1, 2021, indicating a decrease of approximately 6.6%[132]. - The weighted average number of ordinary shares in issue during the period increased to 1,673,976,000 from 1,280,000,000, reflecting a dilution effect due to share options[178]. Legal and Compliance - The Group recognized a provision of HK$1,735,000 related to a legal case, which is considered a reliable estimate for potential damages[186]. - The legal case regarding the tenancy agreement breach is still in progress, with no change in status as of June 30, 2021[189]. - The financial statements have been prepared in accordance with Hong Kong Financial Reporting Standards (HKFRSs) and are presented in Hong Kong dollars (HK$)[146]. - The company did not adopt any new/revised HKFRSs that had significant effects on the results and financial position for the current period[147]. Other Income and Expenses - The Company reported other income of HK$878,000, compared to HK$1,771,000 in the previous year, indicating a decrease in additional income sources[12]. - Interest income from loan receivables increased to HK$974,000, up from HK$833,000, reflecting a growth of 17% year-over-year[164]. - The gain on fair value change on financial assets through profit or loss was HK$139,000, compared to no gain in the previous year[164]. - The company experienced a bad debt recovery of HK$139,000, a decrease from HK$6,860,000 in the previous year[164]. - Interest expenses on loans from Shareholders were nil for the three months ended June 30, 2021, down from HK$322,000 in the same period of 2020[184].

Business Segments - The Group's revenue is derived from six main business segments: OEM, Retail, Money Lending, Wholesaling, Financial Education, and Property Investment[27] - The OEM business includes product design, raw materials sourcing, manufacturing, and quality control management[27] - The Retail business focuses on cashmere apparel and accessories marketed under the Group's own and high-end fashion brands[27] - The Money Lending business provides financing to customers, generating interest income[27] - The Wholesaling business involves the distribution of seafood products[27] - The Financial Quotient and Investment Education business offers courses for tuition fees[27] - The Group's property investment business contributes to its overall revenue[27] Financial Performance - The Group's revenue increased from approximately HK$74.3 million for the year ended 31 March 2020 to approximately HK$96.5 million for the year ended 31 March 2021, representing an increase of approximately 29.9%[38] - Revenue from the OEM Business significantly decreased by approximately 40.8% to approximately HK$23.8 million for the year ended 31 March 2021 compared to the previous year[38] - Revenue from the Retail Business significantly decreased by approximately 94.8% to approximately HK$0.4 million for the year ended 31 March 2021 compared to the previous year[38] - The Money Lending Business generated interest income of approximately HK$4.1 million, representing an increase of approximately 57.5% compared to the last financial year[34] - The Financial Quotient and Investment Education Business generated revenue of approximately HK$68.1 million, representing an increase of approximately 21,730.1% compared to the last financial year[34] - The Group's cost of sales decreased by approximately 54.6% to approximately HK$30.2 million for the year ended 31 March 2021 compared to the previous year[42] - Selling and administrative expenses increased to approximately HK$29.2 million for the year ended 31 March 2021, up from HK$18.5 million in the previous year, representing an increase of approximately HK$10.7 million[44] - The profit for the year ended 31 March 2021 was approximately HK$40.4 million, compared to a loss of approximately HK$34.0 million for the year ended 31 March 2020[44] Strategic Initiatives - The Group aims to expand its retail network in Hong Kong for better market penetration[27] - The management is focused on enhancing the financial education offerings to attract more customers[27] - The Group aims to strengthen its customer base in the OEM Business and expects better control of costing with the implementation of the new operation model[35] - The Group will continue to monitor consumer behavior in the Retail Business and adjust its business plan as necessary due to the impact of the coronavirus outbreak[35] - The Group plans to expand its share in the financial quotient and investment education market and broaden its customer base[35] - The Group is seeking opportunities for asset appreciation and cash flow return in the property market within Hong Kong and the Asia-Pacific region[35] - The Group's management remains positive towards the long-term prospects of the Retail Business despite current uncertainties[35] Acquisitions and Disposals - The group disposed of an inactive subsidiary during the year, generating a gain of approximately HK$99,000[49] - The acquisition of Zone Galaxy Limited was completed for a consideration of HK$40 million, to be satisfied by the issuance of promissory notes[50] - Able Glorious agreed to acquire 70% equity interest in Prestige Concord Limited for HK$80,000,000, with HK$41,000,000 paid via promissory notes, HK$29,000,000 through liability assumption, and HK$10,000,000 in cash[52] - The acquisition was completed on 31 March 2021, making Prestige Concord Group a wholly owned subsidiary, focusing on financial quotient and investment experience-sharing seminars in Hong Kong[52] - As of 31 March 2021, there were no significant investments or material acquisitions or disposals of subsidiaries and affiliated companies during the year[53] Human Resources - The Group had approximately 60 employees as of 31 March 2021, an increase from 30 employees in 2020[59] - The Group offers competitive remuneration packages and various training courses to attract and retain high-quality staff[135] - The remuneration of Directors and senior management for the year ended March 31, 2021, included six individuals earning below HK$1,000,000[133] - The emoluments of Directors and senior management are reviewed by the Remuneration Committee based on the Group's operating results and market competitiveness[135] Corporate Governance - The Company has arranged appropriate directors' and officers' liability insurance coverage for its Directors and officers[109] - The Company has fully complied with all applicable provisions of the Corporate Governance Code for the year ended 31 March 2021, except for certain deviations[179] - The Board currently comprises eight members, including three executive Directors and four independent non-executive Directors[181] - The Audit Committee was established on September 25, 2014, and consists of 3 independent non-executive Directors[171] - The Company emphasizes the importance of internal control and risk management systems in its operations[193] Dividends - The Group declared an interim dividend of HK$0.0066 per share, totaling approximately HK$10,137,494.40 for the nine months ended 31 December 2020[94] - The Board recommended a final dividend of HK$0.0072 per share, totaling approximately HK$11,059,084.80 based on 1,535,984,000 issued shares as at 31 March 2021[98] - The final dividend will be paid in three installments of HK$3,532,763.20, HK$3,686,361.60, and HK$3,839,960.00 on 12 August 2021, 25 August 2021, and 24 September 2021 respectively[98] - The interim dividend was paid in three equal installments of HK$3,379,164.80 each on 23 April 2021, 25 May 2021, and 25 June 2021[94] Compliance and Relationships - The Group complied with relevant laws and regulations during the year ended 31 March 2021, with no material breaches reported[107] - The Group maintained good relationships with suppliers, customers, and stakeholders, with no significant disputes reported during the year[108] - No significant related party transactions were entered into during the year ended March 31, 2021, except for key management personnel compensation[162] Investments - The Group's investment performance for the year ended 31 March 2021 in respect of equity securities listed in Hong Kong and New York is detailed in the financial statements[69] - The Group recorded an unrealized fair value loss of approximately HK$0.3 million in respect of its investment in Ju Teng for the year ended March 31, 2021[73] - The fair value of investments as of April 1, 2020, was HK$7,850,000[71] - The management will continue to monitor the performance and share price of Ju Teng[73] Shareholder Information - As of March 31, 2021, Chan Lap Jin Kevin holds 154,644,000 shares, representing 10.07% of the company's issued shares[142] - Yuen Yu Sum has 10,000,000 share options granted on July 14, 2020, which accounts for 0.65% of the company's issued shares[145] - Chung Chin Kwan holds 4,872,000 shares and has an additional interest of 720,000 shares owned by his spouse, totaling 5,592,000 shares, or 0.37% of the company's issued shares[142] - Law Wing Chung owns 960,000 shares, which is 0.06% of the company's issued shares[142] - Strong Light owns 299,694,000 shares, representing 19.6% of the company's issued share capital[155] - Lau Lan Ying and Wong Kwan Mo each hold 249,994,000 shares, accounting for 16.3% of the company's issued share capital[156] - The company did not purchase, sell, or redeem any of its shares during the year ended March 31, 2021[162] - The company maintained sufficient public float as required by GEM Listing Rules as of the date of the annual report[167]

Company Overview - L & A International Holdings Limited reported its third quarterly results for 2020[1] - The company is incorporated in the Cayman Islands and listed on the GEM of the Hong Kong Stock Exchange[1] - The company has a registered office in the Cayman Islands and its principal place of business is located in Hong Kong[8] - The company has been listed on the GEM of the Stock Exchange since October 10, 2014, and is incorporated in the Cayman Islands[25] - The company’s stock code is 8195 on the Hong Kong Stock Exchange[11] Financial Performance - Revenue for the three months ended December 31, 2020, was HK$33,969,000, a significant increase of 135% compared to HK$14,436,000 in the same period of 2019[12] - Profit before taxation for the three months ended December 31, 2020, was HK$21,513,000, compared to a loss of HK$4,340,000 in the same period of 2019[12] - The total comprehensive income for the period attributable to owners of the Company was HK$17,817,000, compared to a loss of HK$4,256,000 in the same period of 2019[14] - Earnings per share for the three months ended December 31, 2020, was HK$1.37, compared to a loss of HK$0.29 in the same period of 2019[14] - Revenue for the nine months ended December 31, 2020, was HK$73,466,000, an increase of 26.6% from HK$58,008,000 in the same period of 2019[12] - Profit before taxation for the nine months ended December 31, 2020, was HK$37,409,000, compared to a loss of HK$5,323,000 in the same period of 2019[12] - The total loss before taxation for the Group was HK$8,362,000 for the nine months ended December 31, 2020[50] - For the nine months ended 31 December 2020, the Group reported a loss attributable to owners of the Company of HK$31,267,000, compared to a loss of HK$4,845,000 for the same period in 2019[9] Business Segments - The Group operates in six segments: OEM Business, Retail Business, Money Lending Business, Wholesaling Business, Financial Quotient and Investment Education Business, and Property Investment Business[35] - The Group's revenue segments include manufacturing and sales of OEM garment products, retailing of garment products, and provision of loan services[35] - The Retail Business generated revenue of approximately HK$301,000 for the nine months ended 31 December 2020, representing a substantial decrease of approximately 94.3% compared to HK$5,250,000 in 2019[75] - The Money Lending Business generated interest income of approximately HK$3.2 million during the nine months ended 31 December 2020, reflecting an increase of approximately 58.4% compared to the previous period[76] - The Group's Financial Quotient and Investment Education Business generated revenue of approximately HK$48.1 million, representing a substantial increase of over 50 times compared to the same period in 2019[92] Expenses and Costs - Administrative expenses for the three months ended December 31, 2020, were HK$4,533,000, a decrease from HK$5,786,000 in the same period of 2019[12] - The total employee benefits expenses decreased to HK$1,550,000 for the three months ended December 31, 2020, down from HK$2,290,000 in 2019, reflecting a reduction of approximately 32.3%[61] - The Group's cost of sales decreased by 52.0% to approximately HK$24.6 million for the nine months ended 31 December 2020 compared to the same period in 2019[98] - The Group's selling and administrative expenses for the nine months ended December 31, 2020 were approximately HK$14.4 million, an increase of approximately HK$0.5 million from HK$13.9 million in 2019[101] Corporate Governance - The company has adopted corporate governance practices based on the principles and code provisions in the Corporate Governance Code as set out in Appendix 15 to the GEM Listing Rules[146] - The company has applied the principles and complied with all applicable code provisions of the Corporate Governance Code, except for a deviation from code provision A.2.1[147] - The company has established an Audit Committee to oversee financial statements and internal control procedures[155] - The Audit Committee consists of 3 independent non-executive Directors, with Mr. Chan Kim Fai Eddie as the chairman[155] Shareholder Information - As of December 31, 2020, Chan Lap Jin Kevin held 147,276,000 shares, representing 9.59% of the company's issued shares[124] - Yuen Yu Sum was granted 10,000,000 share options on July 14, 2020, which is noted as 0.65% of the company's issued shares[124][133] - Chung Chin Kwan held 2,736,000 shares, accounting for 0.18% of the company's issued shares[124] - As of December 31, 2020, no other directors or chief executives had interests or short positions in the company's shares or debentures[126] - As of December 31, 2020, Lau Lan Ying and Wong Kwan Mo each hold 249,994,000 shares, representing 16.28% of the company's issued share capital[138] - Strong Light Investments Limited owns 227,373,000 shares, accounting for 14.80% of the company's issued share capital[138] - Ge Qingfu holds 128,266,200 shares, which is 10.02% of the company's issued share capital[138] Compliance and Regulatory Matters - The company has complied with the required standards of dealings in securities transactions by directors, with no non-compliance events reported during the nine months ended December 31, 2020[142] - The company has not entered into any arrangements enabling directors or chief executives to acquire benefits through shares or debt securities as of December 31, 2020[127] - No controlling shareholders or directors have interests in any competing business during the nine months ended December 31, 2020[144] Significant Events - The company completed a capital reorganisation on 12 October 2020, reducing share capital and cancelling share premium[115] - Following the capital reduction, the authorised share capital increased from HK$1,250,000 to HK$500,000,000, creating an additional 4,987,500,000,000 new shares[117] - On 11 May 2020, the Group agreed to acquire Bewisekid Holding Limited for a maximum consideration of HK$33.25 million, with completion on 10 August 2020[101] - Able Glorious agreed to acquire Zone Galaxy Limited for HK$40,000,000, completed on 17 August 2020[103] - The acquisition of Prestige Concord Limited's remaining 70% equity interests was agreed for HK$80,000,000, with completion details provided[104] Audit and Review - The Audit Committee reviewed the Third Quarterly Financial Statements and confirmed compliance with applicable accounting standards and GEM Listing Rules[155] - The company has made adequate disclosures in its financial statements as per the Audit Committee's review[155] - No significant events affecting the Group occurred after December 31, 2020, up to the date of the report[155]