NOTICE OF TRANSFER OF BUSINESS - Leica Camera Hong Kong Limited

Notice is hereby given that Leica Camera Greater China GmbH, a company incorporated in Germany, whose principal place of business is at G/F, No. 12 Pak Sha Road, Causeway Bay, Hong Kong (the “Transferor”) carrying on the business of trading cameras and accessories (the “Business”) under the trademark of “Leica” and business name of Leica Camera Greater China GmbH at (i) Shop No. 2026, Podium level 2, IFC Mall, 8 Finance Street, Central, Hong Kong and (ii) another shop that was at 1/F,  No. 12 Pak Sha Road, Causeway Bay, Hong Kong until 31st October 2021 and has been operating at its principal place of business since 1st November 2021 (collectively the “Shops”), has agreed to transfer the Business as a going concern including the goodwill thereof to  Leica Camera Hong Kong Limited, a Hong Kong company, whose registered office is at  14th Floor, One Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong (“Transferee”).

The transfer will take place on 31st December 2021 or such other date as the Transferor and the Transferee may agree (“Completion Date”).The Transferee intends to carry on the Business at the Shops under the trademark of “Leica”.

All debts, liabilities and outgoings of the Business incurred by the Transferor prior to and including the Completion Date shall be borne and paid by the Transferor absolutely.

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 26th day of November 2021.
The Transferor

The Transferee