AMBITION CORPORATION 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 Wing Fai Development Group Limited, a company incorporated in Hong Kong whose registered office is situate at Shop G09, Metro Harbour View Plaza, 8 Fuk Lee Street, Tai Kok Tsui, Kowloon, Hong Kong (hereinafter called the “Transferor”) carrying on the business of food catering (the “Business”) has agreed to transfer the Business which is now carrying on at Shop G09, Metro Harbour View Plaza, 8 Fuk Lee Street, Tai Kok Tsui, Kowloon, Hong Kong (the “Premises”) as a going concern together with assets and equipment if any held by the Transferor for the purpose of the Business to Ambition Corporation Limited whose registered office is situate at Shop G09, Metro Harbour View Plaza, 8 Fuk Lee Street, Tai Kok Tsui, Kowloon, Hong Kong (hereinafter called the “Transferee”) Completion of the transfer will take place on 15 August 2022 (or such other date as the Transferor and the Transferee may agree).

The Transferee intends to carry on the Business under the name “翠苑餐廳” (or such other name as the Transferee may decide) at the Premises.

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 15th day of July 2022.

Wing Fai Development Group Limited
Shop G09, Metro Harbour View Plaza, 8 Fuk Lee Street, Tai Kok Tsui, Kowloon, Hong Kong
The Transferor

Messrs. Godwin Chan & Co.
Solicitors for the Transferee
Rooms 1604–5, 16th Floor, Easey Commercial Building, 253–261 Hennessy Road, Wanchai, Hong Kong
Ambition Corporation Limited
The Transferee