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 Dent Wireless Limited a company incorporated in Hong Kong whose registered office is situate at Room 2103 Futura Plaza, 111 How Ming St. Kwun Tong, Kowloon, Hong Kong (hereinafter the “Transferor”), carrying on the business of re-sale of mobile data (hereinafter the “Business”), has agreed to transfer the Business to Digital Telecom Equity DMCC, a company incorporated in Dubai, United Arab Emirates whose registered office is situate at Unit No. 1604, Fortune Executive Tower, Plot No: JLT-PH2-T1A, Jumeirah Lakes Towers, Dubai, United Arab Emirates (hereinafter the “Transferee”).
Completion of the transfer will take place on 26 November 2021 (or such later date as the Transferor and the Transferee may agree).
The Transferee intends to carry on the Business at Unit No. 1604, Fortune Executive Tower, Plot No: JLT-PH2-T1A, Jumeirah Lakes Towers, Dubai, United Arab Emirates
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 debts and obligations arising out of the carrying on of the Business by the Transferor shall cease by virtues of the Transfer of Business (Protection of Creditors) Ordinance unless proceedings are instituted prior to such expiration.
Dated the 11th day of November 2021
Dent Wireless Limited
Room 2103 Futura Plaza, 111 How Ming St. Kwun Tong Kowloon, Hong Kong
The Transferor
Digital Telecom Equity DMCC
Unit No. 1604, Fortune Executive Tower Plot No: JLT-PH2-T1A Jumeirah Lakes Towers Dubai, United Arab Emirates
The Transferee