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Nature of Business and Organization
12 Months Ended
Jun. 30, 2025
Nature of Business and Organization [Abstract]  
Nature of business and organization

Note 1 — Nature of business and organization

 

Global Engine Group Holding Limited (the “Company” or “GE Group”) is a holding company incorporated on September 7, 2021 under the British Virgin Islands (“BVI”) law. The Company has no substantial operations other than holding all of the outstanding share capital of Global Engine Holdings Limited (“BVI Sub”) which was incorporated under BVI law on March 5, 2021. BVI Sub is also a holding company holding of all the equity interest of Global Engine Limited (“GEL”), a Hong Kong Company incorporated on May 3, 2018. The Company, through GEL, is an integrated solutions provider that delivers actionable outcomes for organizations by using information communication technologies (“ICT”) solutions to drive business outcomes and innovation. The GE Group offers: (i) “ICT Solution Services” provides cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service; (ii) “Technical Services” include the technical development, support, and outsourcing services for data center and cloud computing infrastructure, mobility and fixed network communications, as well as Internet-of-things projects; and (iii) “Project Management Services” enhances productivity and collaboration management and enables successful implementations and adoption of solutions for customers. The Company’s headquarters is located in Hong Kong, China.

 

On March 30, 2021, GEL’s initial shareholder, Andrew Lee sold his equity interest in GEL to BVI Sub for nominal cash consideration resulting in BVI Sub being the sole shareholder of GEL.  On January 5, 2022, then-existing shareholders of BVI Sub transferred their equity interests in BVI Sub to GE Group, resulting in GE Group being the parent company of BVI Sub and the indirect parent company of GEL.  GE Group, BVI Sub and GEL are under common control which results in the consolidation of BVI Sub and GEL at carrying value.

 

On December 2, 2024, BVI Sub completed the acquisition of 100% of the issued share capital of Ace Vision Technology Investment Limited. Ace Vision Technology Investment Limited, through its wholly owned subsidiary, Ace Vision Technology Limited (collectively, “Ace Vision Group”), provides IT consultancy services in Hong Kong.

 

The consolidated financial statements reflect the activities of the Company and each of the following entities:

 

Name   Background   Ownership   Principal activities
Global Engine Holdings Limited (“BVI Sub”)  

●     A BVI company

●     Incorporated on March 5, 2021

  100% owned by GE Group   Investment holding
Ace Vision Technology Investment Limited (“Ace Vision Investment”)  

●     A BVI company

●     Incorporated on May 3, 2022

●     Became a subsidiary of the Company on December 2, 2024

  100% owned by BVI Sub   Investment holding
Global Engine Limited (“GEL”)  

●     A Hong Kong company

●     Incorporated on May 3, 2018

  100% owned by BVI Sub   Integrated solutions provider in ICT, system integration and other technical consultation services
Ace Vision Technology Limited (“Ace Vision”)  

●     A Hong Kong company

●     Incorporated on October 30, 2017

●     Became a subsidiary of the Company on December 2, 2024

  100% owned by Ace Vision Investment   IT consultation services