The Software Business mainly recorded revenue from provision of consultancy and software services, software development, sales of computer hardware and software, e-Commerce services and investment in IT-related projects.
Due to the previous dismal situation of the Software Business, the Group had cut losses by streamlining and restructuring such segment during the past two years. With the proceeds generated from disposing of certain defective operation, the Group has been looking for opportunities to explore potential projects and diversify its business operation. As at 30 June 2018, we have invested in several HK startups in IT ecosystem and an e-sport company which is principally engaged in provision of advertising and promotion service of e-sports activities and organisation of regular e-sports tournament. We believe that investment in promising companies would bring positive returns to the shareholders.