此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 任 何 方 面 或 應 採 取 之 行 動 有 任 何 疑 問，應 諮 詢 閣 下 股 票 經 紀 或 其 他 註 冊 證 券 商、銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣 下 如 已 將 名 下 之Pacific Legend Group Limited股 份 全 部 售 出 或 轉 讓，應 立 即 將 本 通 函 及 隨 附 之 代 表 委 任 表 格 送 交 買 主 或 承 讓 人，或 送 交 經 手 買 賣 或 轉 讓 之 銀 行、股 票 經 紀 或 其 他 代 理 商，以 便 轉 交 買 主 或 承 讓 人。 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 通 函 之 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 通 函 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 PACI ...

7月24日，CENTURY GREAT INVESTMENTS LIMITED增持PACIFIC LEGEND(08547)358万股，每股作 价0.153港元，总金额为54.77万港元。增持后最新持股数目为9287.55万股，最新持股比例为22.62%。 香港联交所最新资料显示，8月11日，PACIFIC LEGEND(08547)股东将股票由一盈证券转入元库证券， 转仓市值2263.48万港元，占比19.69%。 ...

7月24日，CENTURY GREAT INVESTMENTS LIMITED增持PACIFIC LEGEND(08547)358万股，每股作 价0.153港元，总金额为54.77万港元。增持后最新持股数目为9287.55万股，最新持股比例为22.62%。 智通财经APP获悉，香港联交所最新资料显示，8月11日，PACIFIC LEGEND(08547)股东将股票由一盈 证券转入元库证券，转仓市值2263.48万港元，占比19.69%。 ...

香港联交所最新资料显示，7月24日，CENTURY GREAT INVESTMENTS LIMITED增持PACIFIC LEGEND358万股，每股作价0.153港元，总金额为54.77万港元。增持后最新持股数目为9287.55万股， 最新持股比例为22.62%。 香港联交所最新资料显示，8月1日，PACIFIC LEGEND(08547)股东将股票由凯基证券亚洲转入粤商国 际证券，转仓市值662.50万港元，占比7.61%。 ...

香港联交所最新资料显示，7月24日，CENTURY GREAT INVESTMENTS LIMITED增持PACIFIC LEGEND358万股，每股作价0.153港元，总金额为54.77万港元。增持后最新持股数目为9287.55万股， 最新持股比例为22.62%。 智通财经APP获悉，香港联交所最新资料显示，8月1日，PACIFIC LEGEND(08547)股东将股票由凯基证 券亚洲转入粤商国际证券，转仓市值662.50万港元，占比7.61%。 ...

FF301 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: Pacific Legend Group Limited (於開曼群島註冊成立的有限公司) 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 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) | 08547 | 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 | | | 410,539,500 | | 0 | | 410,539,500 | | 增加 / 減少 (-) | | | 0 | | | | | | 本月底結存 | | | 410,539,500 | | 0 | | 410,539,500 | 第 2 頁 共 10 頁 v 1.1.1 ...

Financial Performance - For the twelve months ended December 31, 2024, the group recorded unaudited revenue of approximately HKD 327.1 million, an increase of approximately HKD 76.6 million or 30.6% compared to HKD 250.6 million for the twelve months ended December 31, 2023[4]. - The unaudited net profit for the twelve months ended December 31, 2024, was approximately HKD 9.7 million, a significant recovery from a net loss of approximately HKD 35.9 million for the previous year[4]. - Basic and diluted earnings per share for the twelve months ended December 31, 2024, were approximately HKD 3.95, compared to a loss of HKD 19.91 per share for the twelve months ended December 31, 2023[4]. - The group reported a gross profit of HKD 136.968 million for the twelve months ended December 31, 2024, compared to HKD 127.098 million for the previous year, reflecting a positive trend in profitability[6]. - Operating profit for the twelve months ended December 31, 2024, was HKD 12.612 million, a recovery from an operating loss of HKD 32.993 million in the previous year[6]. - Total comprehensive income for the twelve months ended December 31, 2024, was HKD 9.654 million, compared to a loss of HKD 34.326 million for the previous year[6]. - The group recognized a gain of HKD 7.579 million from the sale of subsidiaries during the twelve months ended December 31, 2024[6]. - The company reported a pre-tax profit of HKD 9,654,000, with total expenses including depreciation and amortization amounting to HKD 110,315,000[21]. - The group reported a profit attributable to owners of approximately HKD 9.4 million in 2024, a significant recovery from a loss of about HKD 33.5 million in 2023[82]. Cost Management - The group’s sales and distribution costs decreased to HKD 45.560 million for the twelve months ended December 31, 2024, from HKD 50.874 million in the previous year, indicating improved cost management[6]. - Selling and distribution costs decreased by about 10.4% to approximately HKD 45.6 million in 2024 from about HKD 50.9 million in 2023, mainly due to strict control over employee and advertising costs[78]. - Management and other operating expenses decreased by approximately 4.8% to about HKD 88.6 million in 2024 from approximately HKD 93.1 million in 2023, attributed to a reduction in employee costs and outsourcing of warehouse functions[79]. - Employee costs decreased to HKD 19,412,000 for the six months ended December 31, 2024, down from HKD 39,928,000 in 2023, representing a reduction of 51.3%[33]. - The company’s total employee cost for the company in 2024 was approximately HKD 63.8 million, down from HKD 72.8 million in the previous year[106]. Assets and Liabilities - As of December 31, 2024, total assets amounted to HKD 7,520,201,000, with current assets at HKD 2,123,832,000[7]. - Current liabilities totaled HKD 1,639,589,000, while total liabilities reached HKD 5,240,707,000[7]. - The net asset value was reported at HKD 6,110,938,000, reflecting a significant equity position[7]. - The company holds cash and cash equivalents of HKD 1,592,295,000, indicating strong liquidity[7]. - The total equity attributable to owners of the company was HKD 5,948,423,000, showcasing robust shareholder value[7]. - The company has a non-current liability of HKD 1,211,616,000, which includes lease liabilities[7]. - The financial report indicates a strong capital structure with a total equity ratio of approximately 81.2%[7]. - Trade receivables decreased to HKD 22,400,000 as of December 31, 2024, from HKD 38,053,000 as of December 31, 2023, representing a decline of 41.1%[48]. - Cash and cash equivalents decreased to HKD 9,295,000 as of December 31, 2024, from HKD 23,303,000 as of December 31, 2023, a reduction of 60.1%[50]. - Trade payables decreased to HKD 2,846,000 as of December 31, 2024, from HKD 8,365,000 as of December 31, 2023, a decline of 66.0%[52]. Revenue Sources - The total revenue for the year ended December 31, 2024, was HKD 327,131,000, with furniture and home decor sales contributing HKD 128,611,000[21]. - The furniture and home decor rental segment generated revenue of HKD 24,231,000, contributing to the overall performance[21]. - Revenue from external customers in Hong Kong for the six months ended December 31, 2024, was HKD 118,730, a significant increase from HKD 56,892 in the same period of 2023[29]. - The project engineering segment contributed significantly to revenue growth, with an 84% increase in revenue due to the completion of several large projects in 2024[73]. - The company's furniture sales revenue decreased by about 1.6% to approximately HKD 128.8 million in 2024 from HKD 130.9 million in 2023[73]. Shareholder Information - The company did not recommend the distribution of an interim dividend for the twelve months ended December 31, 2024[4]. - The company did not purchase, sell, or redeem any of its securities during the twelve months ending December 31, 2024[119]. - The total number of issued shares as of December 31, 2024, is 273,696,000[120]. - The company issued a total of 42,700,000 new shares on August 28, 2024, raising approximately HKD 4.27 million[55]. - The company completed a placement of 42,700,000 shares at a price of HKD 0.165 per share, raising approximately HKD 7.05 million, with a net amount of about HKD 6.88 million after expenses[59]. Governance and Compliance - The company has established an audit committee consisting of three independent non-executive directors[123]. - The financial information in the report has not been audited by the company's auditors but has been reviewed by the audit committee[124]. - The company has adopted a code of conduct for securities trading, ensuring compliance with GEM listing rules[121]. - The company has adopted the principles and code provisions of the GEM Listing Rules Appendix C1 Corporate Governance Code[127]. - The board now consists of four executive directors and three independent non-executive directors, ensuring appropriate checks and balances[127]. Strategic Initiatives - The company plans to continue expanding its market presence and developing new products in the furniture and home decor sector[12]. - The company plans to continue focusing on customer needs in various regions and markets while developing products and services to meet those needs[72]. - The company agreed to acquire an additional 40% stake in Hong Kong Tai Chan Ecological Agriculture Development Co., Ltd. for a total consideration of HKD 4.5 million[102].

Financial Performance - For the twelve months ended December 31, 2024, the group recorded unaudited revenue of approximately HKD 327.1 million, an increase of approximately HKD 76.6 million or 30.6% compared to the revenue of approximately HKD 250.6 million for the twelve months ended December 31, 2023[9]. - The unaudited net profit for the twelve months ended December 31, 2024, was approximately HKD 9.7 million, a significant improvement from a net loss of approximately HKD 35.9 million for the twelve months ended December 31, 2023[9]. - Basic and diluted earnings per share for the twelve months ended December 31, 2024, were approximately HKD 0.0395, compared to a basic and diluted loss per share of HKD 0.1991 for the twelve months ended December 31, 2023[9]. - Revenue for the six months ended December 31, 2024, reached HKD 167.79 million, a 46.3% increase from HKD 114.63 million in the same period of 2023[11]. - Gross profit for the twelve months ended December 31, 2024, was HKD 136.97 million, up 7.4% from HKD 127.10 million in 2023[11]. - Operating profit for the six months ended December 31, 2024, was HKD 10.31 million, compared to an operating loss of HKD 32.90 million in the same period of 2023[11]. - The company reported a profit before tax of HKD 8.57 million for the six months ended December 31, 2024, compared to a loss before tax of HKD 34.39 million in the same period of 2023[11]. - Basic and diluted earnings per share for the six months ended December 31, 2024, were HKD 3.22, a significant improvement from a loss of HKD 18.25 per share in the same period of 2023[11]. - Total comprehensive income for the six months ended December 31, 2024, was HKD 8.57 million, compared to a loss of HKD 34.06 million in the same period of 2023[11]. - The company recorded a net profit of HKD 9.65 million for the twelve months ended December 31, 2024, compared to a net loss of HKD 35.91 million in 2023[11]. Revenue Breakdown - For the twelve months ended December 31, 2024, total revenue reached HKD 327,131,000, with furniture and home decor sales contributing HKD 128,611,000, rental services contributing HKD 24,231,000, and project and hotel services contributing HKD 174,289,000[26]. - Revenue from the furniture sales business decreased by approximately 1.6% to HKD 128.8 million in 2024, down from HKD 130.9 million in 2023, mainly due to a decline in retail sales in Hong Kong[78]. - Retail sales revenue in Hong Kong for 2024 saw a substantial decrease of approximately 25.6% compared to 2023, attributed to the impact of the post-COVID-19 era and local residents traveling abroad[78]. - Retail sales in Dubai also decreased by approximately 17.2% in 2024 compared to 2023, primarily due to intense market competition[79]. - Total revenue for the six months ended December 31, 2024, was HKD 167,790,000, with furniture and home decor sales contributing HKD 67,842,000[28]. Expenses and Costs - The cost of sales for the six months ended December 31, 2024, was HKD 102.66 million, which is an increase from HKD 56.34 million in the same period of 2023[11]. - Management and other operating expenses decreased to HKD 41.38 million for the six months ended December 31, 2024, down from HKD 49.86 million in the same period of 2023[11]. - Employee costs decreased to HKD 19,412,000 for the six months ended December 31, 2024, down from HKD 39,928,000 in 2023, representing a reduction of 51.3%[38]. - The cost of inventory recognized as an expense increased to HKD 80,064,000 for the six months ended December 31, 2024, compared to HKD 57,708,000 in 2023, marking an increase of 38.7%[38]. - Selling and distribution costs decreased by about 10.4% to approximately HKD 45.6 million in 2024 from about HKD 50.9 million in 2023, mainly due to strict control over employee and advertising costs[83]. - Management and other operating expenses decreased by about 4.8% to approximately HKD 88.6 million in 2024 from about HKD 93.1 million in 2023, attributed to a reduction in employee costs and outsourcing of warehouse functions[84]. Assets and Liabilities - As of December 31, 2024, total non-current assets amounted to HKD 1,225,525,770[12]. - The company reported current assets of HKD 2,123,832,328, with cash and cash equivalents at HKD 1,059,683,150[12]. - Total liabilities were recorded at HKD 5,240,707,003, with current liabilities at HKD 1,639,589,927[12]. - The net asset value of the company stood at HKD 6,110,938,641, reflecting a strong financial position[12]. - The company's equity attributable to owners was HKD 5,948,823,737, indicating robust shareholder value[12]. - The total equity of the company reached HKD 6,110,938,641, showcasing overall financial health[12]. - The company has made significant investments in joint ventures amounting to HKD 1,555,713,530[12]. - The company reported a total of HKD 2,923,000,000 in financial assets, highlighting its investment strategy[12]. - The company has a total of HKD 1,421,000,000 in intangible assets, reflecting ongoing investments in technology and innovation[12]. - The company's total liabilities include HKD 1,121,116,000 in lease liabilities, indicating a commitment to long-term operational stability[12]. Shareholder Information - The board of directors does not recommend the distribution of an interim dividend for the twelve months ended December 31, 2024[9]. - The company did not purchase, sell, or redeem any of its securities during the twelve months ending December 31, 2024[124]. - The total number of issued shares as of December 31, 2024, is 273,696,000[125]. - Century Great Investments Limited holds 47,617,000 shares, representing 17.40% of the total issued shares[118]. - Huang Gui Shan holds 38,430,000 shares, accounting for 14.04% of the total issued shares[118]. - No interim dividend is recommended for the twelve months ending December 31, 2024, consistent with the previous year[122]. Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors[128]. - The board now consists of four executive directors and three independent non-executive directors, ensuring appropriate checks and balances[132]. - The position of CEO is currently vacant, with the functions being performed by all executive directors[132]. - The board believes that having the same individual serve as both Chairman and CEO enhances business strategy execution and operational efficiency[132]. - The company has not appointed any individual as CEO following McLennan's departure[132]. - The board will continue to provide sufficient constraints and oversight to protect the interests of the company and its shareholders[132]. - The company has adopted the principles and code provisions of the GEM Listing Rules Appendix C1 Corporate Governance Code[132]. Market Strategy and Future Plans - The company plans to continue focusing on market expansion and new product development to drive future growth[11]. - The company focused on project engineering and furniture sales in Hong Kong, while facing challenges in the second-hand property market and retail sales due to economic uncertainties[73]. - The company plans to continue focusing on customer needs in various regions and markets, developing products and services to meet those needs[77].

Financial Performance - For the six months ended June 30, 2024, the group recorded unaudited revenue of approximately HKD 159.3 million, an increase of about HKD 23.4 million or 17.2% compared to HKD 135.9 million for the same period in 2023[13]. - The unaudited net profit for the six months ended June 30, 2024, was approximately HKD 1.1 million, a turnaround from a loss of approximately HKD 1.5 million for the same period in 2023[13]. - Basic and diluted earnings per share for the six months ended June 30, 2024, were approximately HKD 0.50, compared to a loss of less than HKD 0.01 per share for the same period in 2023[14]. - The group reported a gross profit of approximately HKD 71.8 million for the six months ended June 30, 2024, compared to HKD 68.8 million for the same period in 2023[15]. - Operating profit for the six months ended June 30, 2024, was approximately HKD 2.3 million, compared to an operating loss for the same period in 2023[15]. - Total comprehensive income for the six months ended June 30, 2024, was approximately HKD 1.1 million, compared to a loss of HKD 1.4 million for the same period in 2023[15]. - The company reported a pre-tax profit of HKD 1,082,000 for the six months ended June 30, 2024, compared to a pre-tax loss of HKD 1,454,000 for the same period in 2023[37]. - The company reported a profit attributable to owners of approximately HKD 1.1 million for the first half of 2024, compared to a loss of approximately HKD 70,000 in the same period of 2023[73]. Revenue Breakdown - Revenue from furniture and home decor sales was HKD 60,769,000, while revenue from furniture and home decor rentals was HKD 86,506,000 for the six months ended June 30, 2024[24]. - The company generated HKD 130,102,000 in revenue from Hong Kong, up from HKD 92,790,000 in 2023, indicating a growth of approximately 40.1%[32]. - Revenue from the United Arab Emirates decreased to HKD 29,239,000 in 2024 from HKD 41,889,000 in 2023, a decline of approximately 30.3%[32]. - Retail sales revenue in Hong Kong for the first half of 2024 decreased significantly by approximately 62% compared to the same period in 2023, attributed to outbound travel by local residents and a sluggish second-hand property market[67]. - The company experienced a significant decrease in retail revenue in Dubai, down approximately 46% compared to the same period in 2023, due to market competition and global economic downturn[67]. Costs and Expenses - The group experienced an increase in sales and distribution costs, amounting to approximately HKD 30.6 million for the six months ended June 30, 2024, compared to HKD 24.2 million for the same period in 2023[15]. - Employee costs rose to HKD 44,374,000 in 2024, compared to HKD 32,901,000 in 2023, marking an increase of about 35%[37]. - Management and other operating expenses increased by approximately 9.3% to HKD 47.3 million in the first half of 2024, influenced by legal and professional fees related to acquisitions and share placements[71]. Cash Flow and Assets - The company reported a net cash outflow from operating activities of HKD 20,739,000 for the six months ended June 30, 2024, compared to HKD 8,757,000 for the same period in 2023[18]. - Cash and cash equivalents decreased by HKD 17,211,000, ending at HKD 6,092,000 as of June 30, 2024[18]. - As of June 30, 2024, the total assets amounted to HKD 126,567,515, while total liabilities were HKD 96,169,12, resulting in a net asset value of HKD 43,550,000[16]. - The company’s trade and other receivables amounted to HKD 88,978,000 as of June 30, 2024, compared to HKD 89,428,000 as of December 31, 2023[51]. - The company’s cash flow from the sale of subsidiaries was HKD 10,000, with a cash outflow of HKD 33 from sold bank balances[41]. Shareholder Information - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with the previous year[14]. - John Warren McLennan held 41,450,000 shares, representing 18.17% of the company, before his resignation on June 28, 2024[86]. - Century Great Investments Limited, wholly owned by Ms. Huang Yongwen, held 40,817,000 shares, accounting for 17.89% of the company[92]. - The total number of issued shares as of June 30, 2024, was 228,096,000[86]. - The largest shareholder group, including John Warren McLennan and others, collectively owned 40.48% of Double Lions Limited[93]. Strategic Focus and Future Plans - Management noted a focus on improving operational efficiency and exploring new market opportunities to sustain growth in the upcoming periods[11]. - The company plans to focus on customer needs in various regions and market segments while developing products and services to meet those needs in the remaining months of 2024[65]. - The company has strategically shifted its focus in Hong Kong and the UAE towards project engineering and furniture rental businesses due to adverse retail sales conditions[65]. - The company plans to expand its retail network in mainland China and the UAE, with a budget of HKD 28.38 million allocated for this purpose[77]. - The company aims to enhance its online store and IT capabilities with an investment of HKD 3.89 million, expected to be completed by December 31, 2024[77]. Governance and Compliance - The audit committee consists of three independent non-executive directors, ensuring proper oversight of financial reporting[99]. - The board of directors is composed of four executive directors and three independent non-executive directors, maintaining a balance of power and oversight[100]. - The company has adopted a code of conduct for directors regarding securities trading, confirming compliance with the GEM Listing Rules during the six-month period ending June 30, 2024[97]. - The company has not granted any rights to directors or their family members to acquire shares or debentures during the six-month period ending June 30, 2024[95]. - The company has no significant contingent liabilities as of June 30, 2024, and December 31, 2023[60].

Financial Performance - For the six months ended June 30, 2024, the company recorded unaudited revenue of approximately HKD 159.3 million, an increase of about HKD 23.4 million or 17.2% compared to HKD 135.9 million for the same period in 2023[13] - The unaudited net profit for the six months ended June 30, 2024, was approximately HKD 1.1 million, compared to a loss of approximately HKD 1.5 million for the same period in 2023[13] - Basic and diluted earnings per share for the six months ended June 30, 2024, were approximately HKD 0.50, while the loss per share for the same period in 2023 was less than HKD 0.01[14] - The gross profit for the six months ended June 30, 2024, was approximately HKD 71.8 million, compared to HKD 68.8 million for the same period in 2023[15] - Operating profit for the six months ended June 30, 2024, was HKD 2.3 million, compared to an operating loss for the same period in 2023[15] - The company reported a pre-tax profit of HKD 1.1 million for the six months ended June 30, 2024, compared to a pre-tax loss of HKD 1.5 million for the same period in 2023[15] - The company reported a profit attributable to owners of approximately HKD 1.1 million for the first half of 2024, compared to a loss of HKD 70,000 in the same period of 2023[73] Dividend and Shareholder Information - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2024[14] - No interim dividend was recommended for the six months ended June 30, 2024, consistent with the previous year[47] - The total number of issued shares as of June 30, 2024, was 228,096,000[86] - John Warren McLennan held 41,450,000 shares, representing 18.17% of the company, before his resignation on June 28, 2024[86] - Century Great Investments Limited, wholly owned by Ms. Huang Yongwen, held 40,817,000 shares, accounting for 17.89% of the company[92] - The largest shareholder group, including John Warren McLennan and others, collectively held 40.48% of Double Lions Limited[93] Cash Flow and Assets - The company reported a net cash outflow from operating activities of HKD 20,739,000 for the six months ended June 30, 2024, compared to HKD 8,757,000 for the same period in 2023[18] - The financing activities generated a net cash inflow of HKD 3,518,000 in the first half of 2024, down from HKD 7,306,000 in the previous year[18] - The cash and cash equivalents decreased to HKD 6,092,000 as of June 30, 2024, from HKD 10,718,000 in the same period of the previous year[18] - As of June 30, 2024, the total assets amounted to HKD 126,567,515, while total liabilities were HKD 96,169,12, resulting in a net asset value of HKD 43,550,000[16] - The company’s total non-current assets as of June 30, 2024, were HKD 24,320,000, a slight decrease from HKD 25,806,000 as of December 31, 2023[33] - The company’s total liabilities included trade and other payables of HKD 16,222,000 as of June 30, 2024[16] Expenses and Costs - The company’s employee costs rose to HKD 44,374,000 in 2024, up from HKD 32,901,000 in 2023, indicating an increase of approximately 35%[37] - Sales and distribution costs increased by approximately 26.2% to HKD 30.6 million in the first half of 2024, primarily due to increased employee costs related to sales[70] - Management and other operating expenses rose by approximately 9.3% to HKD 47.3 million in the first half of 2024, influenced by legal and professional fees related to acquisitions[71] - The company reported a significant increase in management compensation to HKD 7,243,000 for the six months ended June 30, 2024, compared to HKD 2,106,000 for the same period in 2023[61] Investments and Financing Activities - The company raised HKD 13,728,000 from the placement of new shares during the reporting period[17] - The company completed a placement of 22,500,000 shares on February 2, 2024, raising approximately HKD 4.73 million, with a net amount of about HKD 4.60 million after expenses[59] - A second placement of 15,516,000 shares was completed on March 20, 2024, raising approximately HKD 3.26 million, with a net amount of about HKD 3.18 million after expenses[59] - The net proceeds from the first placement in February 2024 amounted to approximately HKD 4.60 million, intended for general working capital[78] - The net proceeds from the second placement in March 2024 were approximately HKD 3.18 million, allocated for potential mergers and acquisitions and general working capital[79] Operational Highlights - Revenue from furniture and home decor sales was HKD 60,769,000, while revenue from furniture and home decor rentals was HKD 86,506,000 for the six months ended June 30, 2024[24] - Retail sales revenue in Hong Kong for the first half of 2024 decreased significantly by approximately 62% compared to the same period in 2023, primarily due to local residents traveling abroad and a weak second-hand property market[67] - The company's project engineering revenue increased significantly, contributing to the overall revenue growth, while furniture sales revenue decreased by approximately 1.5% to HKD 60.8 million[67] - The overall gross profit margin decreased from 50.6% in the first half of 2023 to 45.1% in the first half of 2024, attributed to a higher proportion of project engineering revenue[68] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, has reviewed the financial information in the report, although it has not been audited by the company's auditors[99] - The board of directors includes four executive directors and three independent non-executive directors, ensuring appropriate checks and balances[100] - The company has adopted a code of conduct for directors regarding securities trading, confirming compliance with the GEM Listing Rules during the six-month period ending June 30, 2024[97] - The company has not provided any loans to any entities or associated companies as of June 30, 2024, and there are no circumstances that would require disclosure under GEM Listing Rules[100]