LCS0075 - Type 1+4+9 Licensed Corporation with Trading Rights and AUM for Sale

LCS0075 - SFC Type 1+4+9 License with Trading Rights and AUM Key Points: - License Type: SFC Type 1, 4, 9 - Asking Price: HKD$12.0M - NAV: HKD$7.0M Key Selling Points: - Prime Central office location - HKEX Trading Participant qualification - HKD$4M tax loss carryforward benefit License Details: - Type 1, 4, 9 licenses with no conditions - Can hold client assets - HKEX Trading Participant status - Approved for cash trading - Passed 2023 SFC inspection - No disciplinary actions or legal disputes Financial Details: - NAV: HKD$7M - Monthly commission income: Over HKD$150K - 2024 full year profit: HKD$1M - Paid-up capital: HKD$10.5M - Tax loss carryforward: HKD$4M (tax deductible) - Monthly salary expense: HKD$50K (including allowance) - Monthly non-salary expense: HKD$39,580 (rent, systems, utilities, IT support) Ownership Details: - 100% owned by HK holding company - Holding company owned by 3 ROs - HKD$4M tax benefit if purchasing holding company directly Staff Details: - 3 Responsible Officers - 1 RO with monthly salary HKD$50,000 (with allowance) - 2 ROs unpaid - 1 Customer Manager (commission only) - Staff retention after sale is negotiable Bank Accounts: - HSBC: 1 client account + 1 proprietary account - DBS: 1 client account + 1 proprietary account - BOCHK: 1 proprietary account Other Information: - Reason for sale: Retirement - No debt - No third-party custody accepted