A currency analysis of bank borrowings at the end of the reporting periods is as follows:

As of December 31, 2021 and December 31, 2022, the bank borrowings were unsecured. As of December 31, 2021 and December 31, 2022, bank borrowings of

HK$

388,870,500

and HK$

156,910,059

were repayable in one year or on demand, and

nil and HK$

3,569,042

were repayable more than one year but within 5 years.

As of December 31, 2021 and December 31, 2022, the Group’s aggregate banking facilities amounted to

US$

50,000,000

(equivalent to HK$

389,815,000)

and US$

20,068,000

and Euro

500,000

(equivalent to HK$

160,645,400

in aggregate) of which HK$

388,870,500

and HK$

160,479,101

were utilized, respectively and bore

contractual

interest rate of 2.1% p.a. and 6.3% p.a., res

pectively.