NOTICE OF TRANSFER OF BUSINESS
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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 MF Jebsen Automotive Limited, a limited liability company incorporated under the laws of Hong Kong whose registered office is at 29/F Island Place Tower, 510 King’s Road, North Point, Hong Kong (the “Transferor”), has agreed to sell and transfer to Dainese (HK) Limited, a limited liability company incorporated under the laws of Hong Kong whose registered office is at 29/F Island Place Tower, 510 King’s Road, North Point, Hong Kong (the “Transferee”) its business of the importation, distribution (onshore and offshore), marketing and sale of Dainese branded and Amisano Gino Valenza (AGV) branded clothing and helmets in Hong Kong (the “Business”) and certain assets thereof in relation to the Business.
The transfer is expected to become effective on 1 April 2023 (subject to customary closing conditions) or such other date as the Transferor and Transferee may otherwise agree (the “Transfer Date”). With effect from the Transfer Date, the Transferee intends to carry on the Business in succession to the Transferor at the registered office of the Transferee under the name of Dainese (HK) Limited and/or such other name(s) as may be used by the Transferee under which to conduct the Business.
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 up to but excluding the Transfer Date shall cease by virtue of the Transfer of Businesses (Protection of Creditors) Ordinance unless legal proceedings in respect of such debts and obligations are instituted prior to such expiration.
Dated the 3rd day of February 2023.
MF Jebsen Automotive Limited
29/F Island Place Tower, 510 King’s Road, North Point, Hong Kong
The Transferor
Dainese (HK) Limited
29/F Island Place Tower, 510 King’s Road, North Point, Hong Kong
The Transferee