Lai Chi Mei agreed to acquire Super Force Limited from Palace Banquet Holdings Limited (SEHK:1703) for HKD 0.7 million on December 24, 2020. The consideration of 0.7 million will be paid by in cash, of which, HKD 0.03 million has been paid and the balance to be paid within one year from the date of the Sale and Purchase Agreement. For the year ended March 31, 2020, Super Force Limited reported net loss of HKD 1.5 million. The sales proceeds from the Disposal will be used for general working capital purpose. Lai Chi Mei completed the acquisition of Super Force Limited from Palace Banquet Holdings Limited (SEHK:1703) in December 2020.