PROJECTION (HK) LIMITED

NOTICE OF TRANSFER OF BUSINESS
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Pursuant to Sections 4 and 5 of the Transfer of Business (Protection of Creditors) Ordinance (Chapter 49 of The Laws of Hong Kong)
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NOTICE is hereby given that Projection (HK) Limited of Unit 1505, 15/F, 135 Bonham Strand Trade Centre, 135 Bonham Strand, Sheung Wan, Hong Kong (hereinafter called the “Transferor”) carrying on the business of Computer Consultancy works (the “Business”) has agreed to transfer the Business which is now carried on from premises at 1505, 15/F, 135 Bonham Strand Trade Centre, 135 Bonham Strand, Sheung Wan, Hong Kong as a going concern together with all the assets and associated rights under the name of the said “Projection (HK) Limited” to Shoplogix (Asia Pacific) Limited, a company incorporated in Hong Kong whose registered office is situated at Suite 2606, 26/F, Two Chinachem Exchange Square, 338 King’s Road, North Point, Hong Kong (hereinafter called the “Transferee”).

Completion of the transfer (“Completion”) will take place on 3 October 2022 (or such later date as the Transferor and Transferee may agree).

The Transferee intends to carry on the Business as a going concern after the Transfer initially under the name of “Shoplogix (Asia Pacific) Limited” at 1505, 15/F, 135 Bonham Strand Trade Centre, 135 Bonham Strand, Sheung Wan, Hong Kong address.

All debts, liabilities and outgoings of the Transferor in respect of the Business up to and including Completion shall be borne by the Transferor. The Transferee shall not assume any of the debts, liabilities and obligations arising out of the Business by the Transferor prior to Completion. All debts, liabilities and outgoings incurred in respect of the Business after Completion shall be borne by the Transferee.

Notice is given that at the expiration of one month after the last publication of this notice, the liability of the Transferee for all debts, liabilities and obligations arising out of the carrying on of the Business by the Transferor (if any) shall cease by virtue of the Transfer of Business (Protection of Creditors) Ordinance (Chapter 49 of the Laws of Hong Kong) unless proceedings are instituted prior to such expiration.

Dated the 7th day of October 2022.
PROJECTION (HK) LIMITED
Unit 1505, 15/F, 135 Bonham Strand Trade Centre, 135 Bonham Strand, Sheung Wan, Hong Kong
The Transferor

Shoplogix (Asia Pacific) Limited
Suite 2606, 26/F, Two Chinachem Exchange Square, 338 King’s Road, North Point, Hong Kong
The Transferee