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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

 

4. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consists of the following:

 

   2023   2024   2024 
   As of December 31, 
   2023   2024   2024 
   HKD’000   HKD’000   US$’000 
             
Leasehold improvements   2,260    2,260    291 
Office equipment   550    550    71 
Motor vehicle   -    1,300    167 
Sub-total   2,810    4,110    529 
Less: accumulated depreciation   (2,794)   (3,144)   (405)
Property and equipment, net   16    966    124 

 

Depreciation expenses were approximately HKD33,000, HKD8,000 and HKD350,000 and for the years ended December 31, 2022, 2023 and 2024, respectively.