Rose Newco Limited

NOTICE OF TRANSFER OF BUSINESS
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In pursuance of Sections 4 and  5 of the Transfer of Businesses  (Protection of Creditors) Ordinance (Cap. 49 of the Laws of Hong Kong)
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NOTICE IS HEREBY GIVEN THAT BBPOS International Limited (環匯系統國際有限公司), a limited liability company incorporated in Hong Kong whose registered office is at Suites 1902–04, 19/F, Tower 2, Nina Tower, No. 8 Yeung Uk Road, Tsuen Wan, Hong Kong  (the Transferor) carrying on a trading business relating to electronic fund transfer devices (including their hardware, software and platform) (the  Business) under the name of BBPOS International Limited (環匯系統國際有限公司) at Suites 1902–04, 19/F, Tower 2,  Nina Tower, No. 8 Yeung Uk Road, Tsuen Wan, Hong Kong has agreed to sell the goodwill and assets of the Business as a going concern to Rose Newco Limited, a limited liability company incorporated in Hong Kong whose registered office is at 16th Floor, Wing On Centre, 111 Connaught Road Central, Hong Kong (the Transferee).

Completion of the transfer will take place by  3 May 2022 or such other date as the Transferor and Transferee may agree (the Transfer Date). With effect from the Transfer Date, the Transferee intends to carry on the Business under the name of Rose Newco Limited at Suites 1902–04, 19/F, Tower 2, Nina Tower, No. 8 Yeung Uk Road, Tsuen Wan, Hong Kong.

NOTICE is hereby given that at the expiration of one (1) month after the date of the last publication of this notice, the liability of the Transferee (if any) for all the said debts and obligations arising out of the carrying on of the Business by the Transferor shall cease by virtue of the Transfer of Businesses (Protection of Creditors) Ordinance unless proceedings are instituted prior to such expiration.

Dated the 21 January 2022.
BBPOS International Limited  
(環匯系統國際有限公司)
The Transferor

Rose Newco Limited
The Transferee