Company: KMRK
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001213900-25-000267
Chunk: 102

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-01-02
Form: DRS
Chunk 102
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.6million, repayment of bank borrowing of approximately US$0.2million, payment of lease liabilities of approximately US$0.2million, net repayments to related parties of approximately US$2.6million. For the year ended March31, 2023, cash used in financing activities amounted to approximately US$0.5million, which consisted of repayment of bank borrowing of approximately US$0.2million, payment of lease liabilities of approximately US$0.1million and net repayment of related parties of approximately US$0.1million. Off-Balance Sheet Arrangements We had not entered any material off -balancesheet transactions and arrangements during the years ended March 31, 2024 and 2023. Leased Properties We leased an office at Unit A, 7/F, Mai On Industrial Building, 17 -21Kung Yip Street, Kwai Chung, New Territories, Hong Kong with an aggregate area of 550 square feet from Best Mark International Holdings Limited. The monthly rent for our office is approximately $1,278 (HK$10,000). 58

Contractual obligations The following table summarizes our contractual obligations as of March 31, 2024:

|                  |     | Payment due by period |     |         |     |           |     |         |
|                  |     |             Less than 
                1 year |     |  1 to 3 
   years |     | More than 
   3 years |     |   Total |
| Borrowings       |     |               187,288 |     | 434,140 |     |         — |     | 621,428 |
| Lease obligation |     |               110,513 |     | 173,331 |     |    15,242 |     | 299,086 |

The following table summarizes our contractual obligations as of March 31, 2023:

|                  |     | Payment due by period |     |         |     |           |     |         |
|                  |     |             Less than 
                1 year |     |  1 to 3 
   years |     | More than 
   3 years |     |   Total |
| Borrowings       |     |               160,758 |     | 113,307 |     |         — |     | 274,065 |
| Lease obligation |     |               164,756 |     | 179,538 |     |   103