雅居投资控股年报2024

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 and mid-sized companies to which ahigher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investorsshould be aware of the potential risks of investing in such companies and should make the decision to invest onlyafter due and careful consideration. Given that the companies listed on GEM are generally small and mid-sized companies, there is a risk thatsecurities traded on GEM may be more susceptible to high market volatility than securities traded on the MainBoard of the Stock Exchange and no assurance is given that there will be a liquid market in the securities tradedon GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this annualreport, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any losshowsoever arising from or in reliance upon the whole or any part of the contents of this annual report. This annual report, for which the directors (collectively the“Directors”and each the“Director”) of Modern LivingInvestments Holdings Limited (the“Company”, and together with its subsidiaries, the“Group”,“we”,“our”or“us”)collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing theListing of Securities on GEM of the Stock Exchange (the“GEM Listing Rules”) for the purpose of giving information withregard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge andbelief the information contained in this annual report is accurate and complete in all material respects and not misleading ordeceptive, and there are no other matters the omission of which would make any statement herein or this annual reportmisleading. GEM CONTENTS目錄 2Corporate Information4Chairman’s Statement5Management Discussion and Analysis14Biographical Details of Directors and Senior Management24Corporate Governance Report43Report of the Directors56Independent Auditor’s Report64Consolidated Income Statement65Consolidated Statement of Comprehensive Income66Consolidated Balance Sheet68Consolidated Statement of Changes in Equity69Consolidated Statement of Cash Flows70Notes to the Consolidated Financial Statements136Environmental, Social and Governance Report167Financial Summary CORPORATE INFORMATION公司資料 董事會 Ir Dr. Pang Yat Bond, DerrickJP (Chairman)Mr. Pang Yat Ting, Dominic(Chief Executive Officer)Mr. Ho Chu MingMr. Ng Fuk WahMr. Xu Jianhua, Jerry 獨立非執行董事 Independent Non-executive Directors Mr. Ng Kee Fat RonnyMr. Wong BayMr. Yu CheericMs. Fung Nancy Ruth 授權代表 AUTHORISED REPRESENTATIVES Mr. Pang Yat Ting, DominicMs. Wong Chi Yin 公司秘書 COMPANY SECRETARYMs. Wong Chi Yin 審核委員會 AUDIT COMMITTEE Mr. Yu Cheeric(Chairman)Mr. Ng Kee Fat RonnyMr. Wong BayMs. Fung Nancy Ruth 薪酬委員會 REMUNERATION COMMITTEE Ms. Fung Nancy Ruth(Chairlady)Ir Dr. Pang Yat Bond, DerrickJPMr. Ng Kee Fat RonnyMr. Wong BayMr. Yu Cheeric 提名委員會 NOMINATION COMMITTEE Ir Dr. Pang Yat Bond, DerrickJP (Chairman)Mr. Ng Kee Fat RonnyMr. Wong BayMr. Yu CheericMs. Fung Nancy Ruth 核數師 AUDITOR PricewaterhouseCoopersCertified Public Accountants and Registered PIE Auditor CORPORATE INFORMATION公司資料 法律顧問 As to Cayman Islands lawAppleby 主要往來銀行 PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation LimitedChong Hing Bank LimitedThe Bank of East Asia, Limited 註冊辦事處 REGISTERED OFFICE Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 總辦事處及香港主要營業地點 HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG Units 1102–1103, 11th FloorDelta House, No. 3 On Yiu StreetSha Tin, New Territories, Hong Kong 3111102–1103 股份過戶登記總處 PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 香港股份過戶登記分處 HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 公司網站www.modernliving.com.hk COMPANY’S WEBSITEwww.modernliving.com.hk 股份代號08426 08426 CHAIRMAN’S STATEMENT主席報告 On behalf of the board of Directors (the“Board”) of Modern LivingInvestments Holdings Limited (the“Company”), I am pleased to presentthe annual result of the Company and its subsidiaries (together referredto as the“Group”) for the year ended 31 December 2024. The Grouphas demonstrated outstanding performance in the review period, beingawarded 6 new contracts through our robust and effective strategies andthe dedicated efforts of our team. This accomplishment highlights ourstrong compe