PAX Payment Solutions Hong Kong Limited

NOTICE OF TRANSFER OF BUSINESS
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Pursuant to Sections 4 and 5 of the Transfer of Businesses (Protection of  Creditors) Ordinance (Chapter 49 of The Laws of Hong Kong)
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NOTICE is hereby given that AENDERSON (HOLDINGS) COMPANY LIMITED a company incorporated in Hong Kong  whose registered office is at Unit A, 3/F., Wing Wah Industrial Building, 677 King’s Road, North Point, Hong Kong (“Transferor”) carrying on the business of providing after-sales services of point-of-sales terminals  under the name of AENDERSON COMPUTER&ENGINEERING CO (“Business”) at Unit A, 3/F., Wing Wah Industrial Building, 677 King’s Road, North Point, Hong Kong has agreed to transfer the Business as a going concern to PAX PAYMENT SOLUTIONS HONG KONG LIMITED, a company incorporated in Hong Kong whose registered office is at Room 2504, 25/F, Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong (“Transferee”).

The transfer is proposed to be completed on  1 October 2022 or such other date as the Transferor and the Transferee may otherwise agree. The Transferee intends to carry on the Business under the name of PAX PAYMENT SOLUTIONS HONG KONG LIMITED at Unit A, 3/F., Wing Wah Industrial Building,  677 King’s Road, North Point, Hong Kong.

NOTICE is hereby given that at the expiration of 1 month after the date of the last publication of this notice, the liability of the  Transferee (if any) for all debts, liabilities 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 26th day of August 2022.

Aenderson (Holdings) Company Limited
Transferor

PAX Payment Solutions Hong Kong Limited
Transferee