Revenue Performance - The Group experienced a significant revenue increase of 42.35% for the year ended May 31, 2023, compared to the previous year[18]. - Revenue from the manufacturing and trading of precast concrete junction boxes increased by approximately 31.94%[18]. - The health supplement business, which commenced in May 2023, recorded a revenue of RM4.6 million for the year ended May 31, 2023[19]. - The other building materials and services business segment saw a revenue decrease of approximately 37.83%[18]. - The Group's revenue increased significantly by approximately 42.35%, from approximately RM21.3 million for the year ended 31 May 2022 to approximately RM30.3 million for the year ended 31 May 2023[31]. - Revenue from the manufacturing and trading of precast concrete junction boxes increased by approximately 31.94%, from approximately RM18.5 million to approximately RM24.4 million for the same period[38]. - Revenue from the trading of accessories and pipes and mobile crane rental services decreased by approximately 37.83%, from approximately RM2.2 million to approximately RM1.3 million due to intense price competition[39]. Profitability and Expenses - The Group recorded a net profit of approximately RM88,000 for the year ended 31 May 2023, compared to a loss of approximately RM1.9 million for the year ended 31 May 2022[50]. - The gross profit increased from approximately RM3.6 million to approximately RM6.9 million, primarily due to economic recovery[42]. - Administrative expenses increased by approximately RM1.0 million or 32.15%, from approximately RM3.3 million to approximately RM4.3 million[46]. - Selling and distribution expenses increased by approximately RM0.25 million or 25.87%, from approximately RM0.98 million to approximately RM1.23 million[48]. - The Group recorded a net profit of approximately RM88,000 for the year ended 31 May 2023, compared to a loss of approximately RM1.9 million for the year ended 31 May 2022, due to increased revenue and higher administrative expenses[55]. Financial Position and Liquidity - As of May 31, 2023, the Group's trade receivables amounted to approximately RM9.2 million, with a trade receivables turnover of approximately 97 days, exceeding the stipulated credit period[60]. - The Group's cash and cash equivalents as of May 31, 2023, were approximately RM28.1 million, an increase from approximately RM22.8 million as of May 31, 2022[61]. - The current ratio as of May 31, 2023, was 3.61, down from 4.62 as of May 31, 2022, indicating a decrease in liquidity[62]. - The Group has no borrowings as of May 31, 2023, maintaining a gearing ratio of Nil[61]. - The Group's exposure to credit risk and liquidity risk is highlighted due to the mismatch between the timing of cash inflows from customers and outflows to suppliers[60]. Business Strategy and Outlook - The Group remains cautiously optimistic about overall business prospects despite challenges such as labor shortages and rising material costs[19]. - The Board will continue to monitor the business environment in Malaysia and Hong Kong and make necessary operational adjustments[25]. - The Group aims to build sustainable business operations to maximize shareholder returns[24]. - The management is committed to seeking business opportunities that would generate long-term returns for shareholders[19]. - Inflation pressures are anticipated to be a challenge for the Group as the economy recovers[25]. Investments and Acquisitions - On January 17, 2023, the Group's subsidiary, Gallant Empire Limited, agreed to acquire a 32% equity interest in China Coal Alliances Trading Company Limited for HK$5,500,000, aiming to penetrate the PRC market[79]. - Gallant Empire Limited agreed to acquire a 32% stake in China Coal Alliance Trading Co., Ltd. for HK$5,500,000, enhancing market penetration in China and overall profitability[84]. - The company plans to utilize the remaining funds for expanding production capacity, including HK$7.0 million for the Selangor plant and HK$7.3 million for the new Kulaijaya plant, both intended to be fully utilized by the end of 2023[86]. - The company is actively seeking acquisition targets to expand its business vertically in the precast concrete junction box industry, with HK$2.7 million allocated for this purpose[86]. Corporate Governance and Compliance - The Group's directors confirm that the information in the report is accurate and complete in all material respects[4]. - The Group has complied with relevant laws and regulations that significantly impact its operations during the year[142]. - The business review and outlook for the Group are detailed in the "Management Discussion and Analysis" section, covering performance and material factors affecting financial results[147]. - The Group's consolidated financial statements for the year ended May 31, 2023, are audited and presented in the annual report[134]. - The Board's report includes a summary of the Group's performance and financial position as of May 31, 2023[148]. Shareholder Information - The Group does not recommend the payment of a final dividend for the year ended May 31, 2023, consistent with the previous year where no dividend was paid[148]. - As of May 31, 2023, the Company's distributable reserves amounted to RM21.1 million, an increase from RM20.2 million in 2022[165]. - The top five customers accounted for approximately 38.28% of the Group's revenue, with the largest customer contributing about 15.11%[170]. - The top five suppliers represented approximately 57.26% of the Group's purchases, with the largest supplier accounting for around 16.07%[174]. - The Company has sufficient public float, with at least 25% of the shares held by the public as required under the GEM Listing Rules[191].

ESG Performance and Reporting - The ESG Report covers the Group's sustainability performance from June 1, 2022, to May 31, 2023, focusing on environmental and social aspects[4]. - The Group's headquarters, a rental hostel for employees, and two production plants in Malaysia were included in the environmental key performance indicators (KPIs) assessment[4]. - The ESG Report adheres to the "Environmental, Social and Governance Reporting Guide" under HKEX rules, ensuring compliance with mandatory disclosure requirements[5]. - Stakeholder engagement and materiality assessments were conducted to determine the content of the ESG Report, ensuring it addresses key issues of concern[11]. - Quantitative KPIs are disclosed to provide stakeholders with a comprehensive understanding of the Group's ESG performance[12]. - The Board is responsible for monitoring the Group's ESG strategies and compliance with ESG-related laws and regulations[25]. - Third-party ESG professionals have been assigned to manage the Company's ESG performance and identify material issues[26]. - The Group emphasizes the importance of effective ESG governance for long-term business development and investment value[27]. - The materiality assessment identified key ESG issues such as GHG emissions, air pollutant emissions, and product quality and safety[40]. - The report includes key performance indicators related to emissions, waste management, and resource consumption[139]. - The report provides a framework for understanding the Group's environmental, social, and governance strategies[140]. Environmental Management - The Group is committed to promoting green operations and has set specific environmental goals[44]. - The Group's environmental management system is certified to the ISO 14001:2015 standard, demonstrating commitment to sustainability[65]. - The Group has established guidelines and goals to minimize environmental impacts through reduced emissions and resource consumption[65]. - The Group has implemented various emission control measures, including the use of hybrid vehicles to reduce reliance on high-polluting diesel vehicles[68]. - The Group's greenhouse gas emission intensity decreased by 19% in 2022-23 compared to 2021-22[45]. - The Group's hazardous waste intensity was reduced by 27% in 2022-23 compared to 2021-22[45]. - Energy consumption intensity decreased by 21% and water consumption intensity decreased by 34% in 2022-23 compared to 2021-22[45]. - The Group's air pollutant emissions from vehicle usage included 955 kg of nitrogen oxides in 2022-23, up from 822 kg in 2021-22[48]. - The Group complied with all relevant environmental laws and regulations during the year[47]. - Total hazardous waste produced increased to 256 kg in 2022-23 from 246 kg in 2021-22, with lead waste rising to 170 kg from 160 kg[59]. - Total non-hazardous waste produced surged to 1,132 kg in 2022-23, up from 533 kg in 2021-22, primarily due to an increase in rubber and cotton gloves[59]. - The intensity of hazardous waste decreased to 8.44 kg per million RM of revenue from 11.56 kg in the previous year[59]. - Energy consumption rose to 662 MWh in 2022-23, compared to 591 MWh in 2021-22, with fuel combustion for vehicles accounting for 545 MWh[63]. - Water consumption decreased to 5,348 m³ in 2022-23 from 5,716 m³ in 2021-22, with a consumption intensity of 176.51 m³ per million RM of revenue[63]. - Non-hazardous waste such as hand gloves is collected and recycled, while hazardous waste is managed by qualified companies to prevent landfill disposal[69]. - The Group's energy consumption intensity improved to 21.86 MWh per million RM of revenue from 27.79 MWh in the previous year[63]. - The Group has raised awareness of climate-related risks, identifying both physical and transitional risks that may impact operations[78]. - Comprehensive insurance coverage is maintained for assets prone to damage from extreme weather conditions to mitigate risks[79]. Employee Welfare and Safety - As of May 31, 2023, the Group employed a total of 68 employees, with 78% male and 22% female[87]. - The age distribution of employees shows 22% are below 30, 62% are between 30-50, and 16% are above 50[88]. - 96% of employees are full-time, while 4% are part-time[88]. - The Group has successfully obtained the ISO 45001:2018 certification for its Occupational Health and Safety Management System[104]. - Safety training is provided to employees before using machinery or handling hazardous materials, ensuring compliance with safety regulations[105]. - The Group's health and safety management team is responsible for maintaining a safe working environment and ensuring compliance with relevant laws[104]. - The Group achieved zero work injuries and zero loss days due to work injuries during the year, with no work-related fatalities in the past three years[108]. - The Group provides various safety training programs, including basic occupational first aid and emergency response training, to enhance employee safety knowledge[110]. - The Group emphasizes work-life balance by organizing leisure activities for employees, such as festive luncheons and sports competitions[91]. - The Group offers various welfare benefits, including medical benefits, insurance, and allowances to all employees[91]. - Exit interviews are conducted for resigning employees to gather feedback for policy improvement[84]. - The average training hours per male employee increased from 1.0 hours (13%) in 2021-22 to 4.6 hours (60%) in 2022-23, while female employees received an average of 12.0 hours (73%) of training[102]. - The percentage of employees trained by gender and employee category was provided, reflecting the company's focus on development and training[150]. - Average training hours completed per employee were reported, segmented by gender and employee category[150]. Community Engagement and Philanthropy - The Group aims to enhance community environment and participate in charitable activities as part of its social responsibility[37]. - The Group made a total of 7 donations amounting to MYR 10,388 during the year, supporting welfare organizations and community events[136]. - The donations included support for the Malaysia Children Downs Syndrome Association and community events such as the Zhong Yuan Festival and Ci Ji Gong Festival[135]. - The Group's philanthropic efforts aim to raise public awareness and support for underprivileged groups[135]. - The company outlined its policies on community engagement to understand the needs of the communities where it operates[160]. - Focus areas of community contribution include education, environmental concerns, and health, demonstrating corporate social responsibility[160]. - The report details the resources contributed to the focus areas, reflecting the company's commitment to community investment[160]. Compliance and Governance - The Board of Directors is responsible for overseeing the Group's ESG issues and ensuring effective risk management measures are in place[24]. - The Group has established a code of ethics to prevent conflicts of interest and has communicated this to all employees[131]. - There were no concluded legal cases regarding corrupt practices brought against the Group or its employees during the Year[132]. - The Group has implemented a whistle-blowing policy to allow employees to report suspected malpractice or misconduct, ensuring protection for whistleblowers[131]. - The Group has emphasized the importance of protecting customer data and privacy, providing employees with privacy training[124]. - The company has established preventive measures and whistle-blowing procedures to combat corruption, ensuring compliance with relevant laws[158]. - The number of concluded legal cases regarding corrupt practices against the company or its employees during the reporting period was documented[158]. - The Group has not engaged in any litigation or legal proceedings for the violation of intellectual property rights during the Year[126]. - The Group has registered its trademark in Malaysia to protect its intellectual property rights, ensuring all precast concrete junction boxes are labeled accordingly[126]. Product Quality and Safety - The Group has implemented a quality management system according to ISO 9001:2015 standards to maintain high product quality[116]. - The Group received eleven complaints related to product quality during the Year, all of which were resolved through product replacement and re-delivery[120]. - The Group has maintained a goal of zero complaints and did not record any products sold or shipped that were subject to recalls for safety and health reasons during the Year[120]. - The company reported a percentage of total products sold or shipped subject to recalls for safety and health reasons, which is a critical quality assurance metric[156]. - The number of products and service-related complaints received and the methods of addressing them were highlighted, indicating a focus on customer satisfaction[156]. - The Group emphasizes the environmental performance of suppliers, focusing on the chemical constituents of raw materials to protect employee and customer health[112]. - The Group conducts physical inspections of all incoming raw materials and equipment to ensure compliance with specifications before manufacturing[117]. - The company has implemented practices to identify environmental and social risks along the supply chain, ensuring compliance and monitoring[156]. - The report includes general disclosures on environmental impacts, including emissions and waste management strategies[146].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SK TARGET GROUP LIMITED 瑞強集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8427） 截至2023年5月31日止年度的全年業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提 供一個上市的市場。有意投資的人士應瞭解投資該等公司的潛在風險，並應經過審 慎周詳的考慮後方作出投資決定。 由於在GEM上市之公司一般為中小型公司，在GEM買賣的證券可能會較於聯交所主 板買賣的證券承受較大的市場波動風險，同時亦無法保證在GEM買賣的證券會有高 流通量之市場。 香港交易及結算所有限公司及聯交所對本公佈的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SK TARGET GROUP LIMITED 瑞強集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8427） 截至二零二三年二月二十八日止九個月 第三季業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提 供一個上市的市場。有意投資的人士應了解投資該等公司的潛在風險，並應經過審 慎周詳的考慮後方作出投資決定。 由於在GEM上市之公司一般為中小型公司，在GEM買賣的證券可能會較於聯交所主 板買賣的證券承受較大的市場波動風險，同時亦無法保證在GEM買賣的證券會有高 流通量的市場。 香港交易及結算所有限公司及聯交所對本公佈的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 本公佈乃遵照聯交所GEM證券上市規則（「GE ...

Financial Performance - For the six months ended November 30, 2022, the Group reported revenue of RM 16,370,000, an increase of 81.5% compared to RM 9,025,000 for the same period in 2021[15]. - Gross profit for the same period was RM 3,670,000, representing a significant increase from RM 1,259,000 in the prior year, reflecting a gross margin improvement[16]. - Profit before taxation for the six months was RM 674,000, compared to a loss of RM 881,000 in the corresponding period of 2021, indicating a turnaround in financial performance[16]. - The profit for the period from continuing operations was RM 307,000, a recovery from a loss of RM 912,000 in the same period last year[16]. - For the six months ended 30 November 2022, the profit for the period was RM 305,000, compared to a loss of RM 913,000 in the same period of 2021, indicating a significant turnaround[17]. - The Group recorded a net profit of approximately RM 307,000 for the six months ended 30 November 2022[126]. - The company reported a profit before taxation of RM 672,000 for the six months ended November 30, 2022, compared to a loss before taxation of RM 882,000 in the same period of 2021[54]. Revenue Sources - The segment revenue from manufacturing and trading of precast concrete junction boxes was RM 12,375,000, contributing significantly to the overall revenue[52]. - The external sales of health supplement products amounted to RM 3,231,000, showing a positive contribution to the revenue[52]. - Revenue from the manufacturing and trading of precast concrete junction boxes increased by approximately 61.64%, from RM7.6 million to RM12.4 million during the same period[111]. - Sales of health supplements commenced in May 2022, contributing approximately RM3.2 million for the period ended 30 November 2022[113]. Expenses and Costs - The Group's administrative expenses increased to RM 2,941,000 from RM 1,856,000, reflecting investments in operational capacity and infrastructure[16]. - Administrative expenses for the period totaled RM 2,943,000, which impacted the overall profit before taxation of RM 672,000[52]. - The cost of sales increased by approximately 63.53%, from RM7.8 million to RM12.7 million, primarily due to the increase in revenue from precast concrete junction boxes[118]. - Selling and distribution expenses increased by approximately 24.83%, from RM439,000 to RM548,000[125]. Cash Flow and Liquidity - The total cash and cash equivalents at the end of the period stood at RM22,391,000, an increase from RM21,250,000 at the end of the previous period[28]. - The company reported a net increase in cash and cash equivalents of RM534,000, contrasting with a decrease of RM(871,000) in the same period last year[28]. - The Group's current ratio improved to 5.11 as of 30 November 2022, indicating strong liquidity[135]. - As of November 30, 2022, the Group's cash and cash equivalents were approximately RM 23.5 million, an increase from RM 22.8 million as of May 31, 2021[138]. - The Group had no borrowings as of November 30, 2022, consistent with the previous year[138]. Assets and Equity - Total non-current assets decreased to RM 5,598,000 as of 30 November 2022, down from RM 6,215,000 as of 31 May 2022[19]. - Current assets increased to RM 38,101,000 as of 30 November 2022, compared to RM 35,479,000 as of 31 May 2022[19]. - Total equity increased to RM 35,134,000 as of 30 November 2022, compared to RM 32,914,000 as of 31 May 2022[20]. - The Group's equity attributable to owners was approximately RM 29.7 million as of November 30, 2022, compared to RM 28.4 million as of May 31, 2021[139]. Share Capital and Financing - The company issued new ordinary shares, raising RM 1,768,000 during the six months ended 30 November 2022[24]. - The Group's issued and fully paid share capital increased to RM5,438,000 as of November 30, 2022, from RM4,501,000 as of May 31, 2022, reflecting an increase of approximately 20.8%[98]. - The Group completed a placement of 20,646,000 shares at a price of HK$0.151 per share, raising gross proceeds of HK$3,117,546 (approximately RM1,768,000) on July 8, 2022[100]. Risks and Challenges - The Group faces operational risks due to fluctuations in the prices of major raw materials, which may adversely impact financial results[178]. - The Group's cash inflow is dependent on prompt settlement of payments from customers, exposing it to credit and liquidity risks[181]. - The management has a reserved view on the current timetable for expanding production capacity due to COVID-19 and changes in government in Malaysia[151]. Corporate Governance - The Group has complied with the Corporate Governance Code provisions, except for the separation of roles between the chairman and CEO, which is deemed appropriate under current circumstances[192]. - The Directors do not anticipate any change to the plan regarding the use of proceeds as of the report date[152]. Future Outlook - The Group is focused on expanding its market presence and enhancing product offerings to drive future growth[15]. - Future guidance indicates a positive outlook with expectations of continued revenue growth and improved profitability[15].

CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small & mid- sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Given that the companies listed on GEM are generally small & ...

由於在GEM上市之公司一般為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣的證券承受較大的市場波 動風險，同時亦無法保證在GEM買賣的證券會有高流通量之市場。 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE"STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small & mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and c ...

2021 Third Quarterly Report 第三季業績報告 SK Target Cover 148(w) x 210(h)mm CHARACTERISTICS OF THE GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small & mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful co ...

2021 Interim Report 中期報告 SK Target Cover 148(w) x 210(h)mm CHARACTERISTICS OF THE GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small & med-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration ...

Financial Performance - For the three months ended August 31, 2021, the revenue was RM 2,628,000, a decrease of 44.9% compared to RM 4,766,000 in the same period of 2020[15]. - The cost of sales for the same period was RM 2,701,000, resulting in a gross loss of RM 73,000, compared to a gross profit of RM 923,000 in 2020[16]. - Loss before taxation for the period was RM 1,209,000, significantly higher than the loss of RM 145,000 reported in the previous year[16]. - The total comprehensive loss for the period was RM 1,160,000, compared to RM 534,000 in the corresponding period of 2020[17]. - Loss per share from continuing operations was RM 1.23, compared to RM 0.31 in the previous year[17]. - The company reported a profit of RM 40,000 from discontinued operations, an increase from RM 15,000 in the same period of 2020[16]. - The company reported a loss for the period of RM 1,170,000 for the three months ended August 31, 2021, compared to a loss of RM 255,000 for the same period in the previous year[19]. - The accumulated loss increased to RM 6,286,000 as of August 31, 2021, up from RM 5,116,000 as of May 31, 2021[19]. - The total comprehensive loss for the period ended August 31, 2021, was RM 1,160,000, which includes an exchange difference gain of RM 10,000[19]. - The Group recorded a net loss of approximately RM 1.2 million for the three months ended August 31, 2021, primarily due to decreased revenue caused by COVID-19 and related measures[84]. Revenue Breakdown - Manufacturing and trading segment revenue decreased to RM 2,010,000 from RM 3,677,000, representing a decline of 45.4% year-over-year[37]. - Revenue for the three months ended 31 August 2021 was RM 2,628,000, a decrease of 44.9% compared to RM 4,766,000 for the same period in 2020[37]. - Revenue from the manufacturing and trading of precast concrete junction boxes decreased by approximately 45.34%, from RM 3.7 million to RM 2.0 million during the same period[71]. - Revenue from the trading of accessories and pipes and mobile crane rental services decreased by approximately 42.46%, from RM 1.1 million to RM 0.6 million[72]. Expenses and Costs - Administrative expenses increased slightly to RM 989,000 from RM 966,000 year-on-year[16]. - The cost of inventories recognized as an expense was RM 1,938,000, down from RM 2,812,000, reflecting a decrease of 31.0%[48]. - Selling and distribution expenses decreased by approximately RM 9,000 or 4.17%, from RM 216,000 to RM 207,000, mainly due to a decrease in commission[82]. - Interest expense on leased liabilities decreased to RM 18,000 from RM 37,000, a reduction of 51.4% year-over-year[40]. Equity and Share Capital - As of August 31, 2021, the total equity of SK Target Group Limited is RM 32,428,000, a decrease from RM 33,558,000 as of May 31, 2021, reflecting a comprehensive loss for the period[19]. - The share capital remained unchanged at RM 4,277,000 from May 31, 2021, while the share premium increased to RM 26,444,000[19]. - The weighted average number of ordinary shares for calculating basic loss per share increased to 98,025,000 from 86,025,000 due to share consolidation effective on 18 August 2021[52]. Corporate Governance and Compliance - The Company has complied with the Corporate Governance Code provisions, except for the separation of the roles of chairman and CEO, which is deemed appropriate under current circumstances[123]. - The Company has established an Audit Committee to oversee financial statements and internal control procedures[152]. - The audit committee has been established in accordance with GEM Listing Rules and is responsible for reviewing the company's financial statements and overseeing internal control procedures[155]. - The audit committee consists of three members, with Mr. Chu Kin Ming serving as the chairman[156]. Future Outlook and Management Commentary - The company continues to focus on improving operational efficiency and exploring new market opportunities despite the current financial challenges[15]. - The management is cautiously optimistic about the overall business prospects as Malaysia's economy is expected to slowly recover with the national COVID-19 immunisation programme[67]. - The management will closely monitor factors such as labor shortages and rising production costs that may impact business operations[66]. Share Options and Capital Raising - The Share Option Scheme was adopted on June 27, 2017, and is valid for ten years to attract and retain personnel[125]. - No share options were granted, exercised, lapsed, or cancelled under the Share Option Scheme as of August 31, 2021[140]. - The Company raised approximately HK$4.96 million through a share subscription completed on March 11, 2021, for general working capital, which was used as intended[119]. - An additional HK$1.85 million was raised through a share subscription completed on September 1, 2021, also for general working capital, and was used as intended up to the report date[119].