Placing 29,052,000 shares, representing approximately 14.29% of the total number of shares outstanding, to one or more allotees at the issue price of HK $0.395 and net proceeds of approximately HK $11.3 million. Placing agent: Cheong Lee Securities Limited
The Group is principally engaged in the provision of education-related tutoring services, franchising services and management services in Hong Kong and the People’s Republic of China
In our opinion, the consolidated financial statements give a true and fair view of the consolidated financial position of the Group as at 31 March 2026 and of the consolidated financial performance and consolidated cash flows of the Group for the year then ended, and have been properly prepared in compliance with the Hong Kong Companies Ordinance.
The directors are of the opinion that, having regard to the various measures/arrangements implemented, the Group will have sufficient working capital to meet its current requirements and it is reasonably expected that the Group will continue as a viable business.