Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
亞博科技控股有限公司
(incorporated in Bermuda with limited liability)
(Stock Code: 8279)
This announcement is made by AGTech Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 17.10(2)(a) of the Rules Governing the Listing of Securities on GEM (the "GEM Listing Rules") of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Inside Information Provisions (as defined in the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Macau Pass S.A. ("Macau Pass"), an indirect wholly-owned subsidiary of the Company, is a leading payment service provider in the Macao Special Administrative Region of the People's Republic of China ("Macau"). Pursuant to paragraph 2 of Article 85 of the Financial System Act of Macau (《金融體系法律制度》第八十五條第二款), Macau Pass (being an "other financial institution" licensed under Autoridade Monetária de Macau (the Monetary Authority of Macao)) is required to publish in the 政府公報 (Official Gazette), within a period of forty-five days from the end of the relevant calendar quarter, the trial balance in respect of such quarter. Accordingly, Macau Pass targets to publish its unaudited trial balance for the first quarter of 2025 (the "MP First Quarterly Trial Balance Report") in the Official Gazette in Macau on or around May 14, 2025. Pursuant to the MP First Quarterly Trial Balance Report, for the three months ended March 31, 2025, the total income (inclusive of both revenues from core businesses
and non-core income items) and the total expenses of Macau Pass amounted to approximately MOP95,455,000 (or approximately HK$92,677,000) and approximately MOP94,318,000 (or approximately HK$91,573,000), respectively. The MP First Quarterly Trial Balance Report also contains other financial information about Macau Pass (such as balance sheet items) which will be available in the public domain. For further details of the MP First Quarterly Trial Balance Report, please visit the website of Imprensa Oficial (Printing Bureau) of Macau at www.io.gov.mo/cn/entities/priv/rec/100311 following the publication of the MP First Quarterly Trial Balance Report, which is targeted to be published on or around May 14, 2025.
Ant Bank (Macao) Limited (“Ant Bank (Macao)”), an indirect non-wholly owned subsidiary of the Company, is a licensed commercial bank in Macau principally engaged in digital banking services and electronic payment services. Pursuant to paragraph 2 of Article 85 of the Financial System Act of Macau, Ant Bank (Macao) (being a “bank incorporated in Macau” licensed under the Monetary Authority of Macao) is required to publish in the Official Gazette, within a period of forty-five days from the end of the relevant calendar quarter, the trial balance in respect of such quarter. Accordingly, Ant Bank (Macao) targets to publish its unaudited trial balance for the first quarter of 2025 (the “ABM First Quarterly Trial Balance Report”) in the Official Gazette in Macau on or around May 14, 2025. Pursuant to the ABM First Quarterly Trial Balance Report, for the three months ended March 31, 2025, the total income (inclusive of both revenues from core businesses and non-core income items) and the total expenses of Ant Bank (Macao) amounted to approximately MOP33,386,000 (or approximately HK$32,414,000) and approximately MOP40,537,000 (or approximately HK$39,357,000), respectively. The AMB First Quarterly Trial Balance Report also contains other financial information about Ant Bank (Macao) (such as balance sheet items) which will be available in the public domain. For further details of the ABM First Quarterly Trial Balance Report, please visit the website of Imprensa Oficial of Macau at https://www.io.gov.mo/cn/entities/priv/rec/100369 following the publication of the ABM First Quarterly Trial Balance Report, which is targeted to be published on or around May 14, 2025.
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The MP First Quarterly Trial Balance Report and the ABM First Quarterly Trial Balance Report have been prepared in accordance with the requirements of the Financial System Act of Macau as approved by Decree-Law No. 13/2023 and the Financial Reporting Standards issued by the Government of Macau, which are different from the Hong Kong Financial Reporting Standards that the Company adopts to prepare and present its financial information, such that the financial information of Macau Pass and Ant Bank (Macao) contained in the MP First Quarterly Trial Balance Report and the ABM First Quarterly Trial Balance Report respectively may be subject to adjustments by the Company when consolidated into the accounts of the Group. The MP First Quarterly Trial Balance Report and the ABM First Quarterly Trial Balance Report have not been audited or reviewed by the auditors or the audit committee of the Company, and there is no indication or assurance from the Company that the financial results of Macau Pass and Ant Bank (Macao) when consolidated into the Group's results will be the same as the relevant financial information presented in the MP First Quarterly Trial Balance Report and the ABM First Quarterly Trial Balance Report respectively.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
Note: In this announcement, the exchange rate of MOP1 to HK$0.9709 has been used for reference only.
By order of the Board
AGTech Holdings Limited
Sun Ho
Chairman & CEO
Hong Kong, May 13, 2025
As at the date of this announcement, the board (the “Board”) of directors (the “Directors”) of the Company comprises (i) Mr. Sun Ho and Ms. Hu Taoye as executive Directors; (ii) Ms. Qin Yuehong and Mr. Ji Gang as non-executive Directors; and (iii) Mr. Chow Siu Lui, Mr. Chan Ka Leong and Ms. Yuen Kit Ming Fanny as independent non-executive Directors.
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.
This announcement will remain on the “Latest Listed Company Information” page of the HKEXnews website operated by the Stock Exchange at www.hkexnews.hk for at least seven days from the day of its posting and will be published on the website of the Company at www.agtech.com.
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