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 SKECHERS FOOTWEAR HONG KONG LIMITED, a company incorporated under the laws of Hong Kong, whose registered office is situated at 401–402, 4/F., Nanyang Plaza, 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong (the “Transferor”) carrying on the business of providing sourcing services and procuring of manufacturers of lifestyle and performance footwear, apparel and accessories (the “Business”) under the name of “SKECHERS FOOTWEAR HONG KONG LIMITED” at 401–402, 4/F., Nanyang Plaza, 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong has entered into a deed of asset sale and purchase (the “Deed”) with SKECHERS SOURCING INTERNATIONAL, LLC, a company organized under the laws of the State of California and registered as a non-Hong Kong company under the laws of Hong Kong, whose principal place of business in Hong Kong is located at 401–402, 4/F., Nanyang Plaza, 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong (the “Transferee”). Pursuant to the Deed, the Transferor has agreed to transfer (i) the Business; (ii) part of the assets of the Business as specified in the Deed; and (iii) part of the debts, liabilities and outgoings of the Business as specified in the Deed to the Transferee.
Completion of the transfer will take place on the 21st day of December 2021 (or such later date as the Transferor and Transferee may agree) (the “Transfer Date”) at the offices of the Transferee.
With effect from the Transfer Date, the Transferee intends to carry on the Business at the same address under the name of SKECHERS SOURCING INTERNATIONAL, LLC.
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 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 19th day of November 2021.
Skechers Footwear Hong Kong Limited
Transferor
401–402, 4/F., Nanyang Plaza, 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong
Skechers Sourcing International, LLC
Transferee
401–402, 4/F., Nanyang Plaza, 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong