Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 128

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 7
Chunk 128
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or                                      Rental                     Rental                          Rental                
                                                                                              payment for                payment for                     payment for           
                                                                                              the year                   the year                        the year              
                                                                                              ended                      ended                           ended                 
                                                                                              December 31,               December 31, 2023               December 31,          
                                                                                              2022                       (HK$’000)                       2024                  
                                                                                              (HK$’000)                                                  (HK$’000)             
  Director’s quarters       Lessor is a company owned by Mr. Li Kin Shing and his spouse                        600                             600                        77  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Hong Kong office (1)      Lessor is Mr. Li Kin Shing                                                            0                             600                        77  

(1)See “ Sale
/ Lease,” above

The related party transactions
were determined on an arm-length basis by reference to the market price of comparable premises.

  78  

Related party balances

The related party balances consisted
of the following:

                                                                                                                                                                        (HK$’000)      (HK$’000)                           
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Name                         Relationship                                         Nature                                       Classification                      December 31,      December 31,                        
  Mr. Li Kin Shing             Former s ole shareholder and executive director      Advance from a former                        Amounts due to related parties             2,855                          151      1,714  
  Mr. Chiu Yat Chung Gary      Former s enior management                            Advance from a former senior management      Amounts due to related parties             2,262                        2,262      1,262  
  Mr. Li Siu Lun Allan         Senior management                                    Advance from a member                        Amounts due to related parties                 0                            0         80  

The above amounts were unsecured,
non-interest bearing and repayable on demand.

Interests of Experts and Counsel

Not Applicable

Legal Proceedings

Not Applicable

Item 8. Financial Information