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RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
SCHEDULE OF RELATED PARTIES AND THEIR RELATIONSHIPS

The table below sets forth the major related parties and their relationships with the Company as of December 31, 2024 and 2025:

 

Names of the related parties   Relationship with the Company
Leading Digital Supply Limited   50% owned by Yee Kar Wing; Director until July 4, 2024
Primex Technology Limited   50% owned by Yee Kar Wing; Director
GMS Enterprise (Hong Kong) Limited   100% owned by Primex Technology Limited; Director: Yee Kar Wing
Yee Kar Wing   Shareholder, Director, and CEO of the Company
Hui Wai Ming   Shareholder and COO of the Company
SCHEDULE OF AMOUNTS DUE FROM / (TO) RELATED PARTIES

(a) Amounts due from / (to) related parties

 

   HK$   HK$   US$ (Note 2(e)) 
   As of December 31, 
   2024   2025 
   HK$   HK$   US$ (Note 2(e)) 
Primex Technology Limited(i)   30,256    84,256    10,802 
Total amounts due from related parties - trade   30,256    84,256    10,802 
Less: Allowance for credit losses   (1,681)   (26,793)   (3,435)
Total amounts due from related parties – trade, net   28,575    57,463    7,367 
                
Yee Kar Wing(ii)    (33,795)   534,028    68,465 
Hui Wai Ming(ii)    (645,120)   27,300    3,500 
Total amounts due (to) / from related parties – non trade   (678,915)   561,328    71,965 
 
(i)

The amounts due from Primex Technology Limited represent receivables for IT infrastructure solutions and managed support services provided by the Company. This balance is subject to credit risk, and allowances for credit losses / (reversal of allowances) of HK$6,331, (HK$5,867) and HK$25,112 (US$3,219) were recognized for the years ended December 31, 2023, 2024, and 2025, respectively.

 

(ii)

These balances are unsecured, interest-free, and without a fixed repayment term.

 

(iii) On December 31, 2023, Sereno declared a dividend of HK$17,500,000 to Vigorous. In accordance with a written instruction of the Vigorous, the dividend will be paid directly to Yee Kar Wing and Hui Wai Ming, the ultimate shareholders of Vigorous. The transaction was fully authorized by the Board of Directors and documented in a board resolution. During the years ended December 31, 2023, 2024, and 2025, dividends of HK$8,490,556, HK$8,337,024, and HK$672,420 were paid, respectively. As of December 31, 2025, the declared dividend was fully settled. No dividend was declared during the year ended December 31, 2025.
 
SCHEDULE OF RELATED PARTY TRANSACTIONS

      HK$    HK$   HK$   US$ (Note 2(e)) 
      For the year ended December 31, 
      2023    2024   2025 
      HK$    HK$   HK$   US$ (Note 2(e)) 
Purchase from GMS Enterprise (Hong Kong) Limited     21,551     -    -    - 
Service rendered to Leading Digital Supply Limited     540,200     240,500    -    - 
Service rendered to Primex Technology Limited     54,000     54,000    54,000    6,923 
Sales commission paid to Hui Wai Ming     -     12,500    -    - 
Loan advance to Yee Kar Wing     11,978,398     6,027,096    9,772,820    1,252,926 
Payment on behalf of the Company by Yee Kar Wing     6,255,052     6,111,591    8,784,275    1,126,189 
Sales proceeds received by Yee Kar Wing on behalf of the Company     309,106     -    -    - 
Dividend paid to Yee Kar Wing(iii)     6,097,976     5,277,024    -    - 
Dividend paid to Hui Wai Ming(iii)     2,392,580     3,060,000    672,420    86,206