Note 2: Despite TSW Pegasus won by 3–2, the team used more than the allowed maximum of 6 foreign players at a time during the match.

As a result, TSW Pegasus was sentenced a 0–3 loss and penalized for HK$10,000.

Wong Chin Hung was on loan at TSW Pegasus from 23 September 2008 to 15 January 2009.

Ho Kwok Chuen joined the team on loan from TSW Pegasus since 23 September 2008.

Li Weijun, Monteiro and Maxwell left the club in early January 2009.