%PDF-1.5
%
1 0 obj
<>>>
endobj
2 0 obj
<>stream
2020-07-31T20:01:05+08:00
2020-07-31T20:01:05+08:00
2020-07-31T20:01:05+08:00
Adobe InDesign CC 2017 (Windows)
uuid:5765e2df-6ce1-4655-be4c-f4ca53e85d07
xmp.did:f079f6ee-09ad-5b49-ba04-e8476e6cc10c
xmp.id:f4224bfc-b319-4341-91f4-37b7490be4b2
proof:pdf
xmp.iid:7248b509-7e3a-8249-8a86-d828942d4a3f
xmp.did:61a7be35-6261-c840-94c5-11058c44ef1c
xmp.did:f079f6ee-09ad-5b49-ba04-e8476e6cc10c
default
converted
from application/x-indesign to application/pdf
Adobe InDesign CC 2017 (Windows)
/
2020-07-31T20:01:05+08:00
application/pdf
Adobe PDF Library 15.0
False
endstream
endobj
3 0 obj
<>
endobj
5 0 obj
<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>
endobj
6 0 obj
<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>
endobj
20 0 obj
<>stream
BT
/CS0 cs 0 0 0 1 scn
/Perceptual ri
/GS0 gs
/T1_0 1 Tf
12 0 0 12 285.6378 18.7502 Tm
(\226 2 \226)Tj
/T1_1 1 Tf
0.025 Tc -19.079 63.041 Td
(REASONS FOR ENTERING INTO THE SALE AND PURCHASE AGREEMENT)Tj
/T1_0 1 Tf
0.05 Tc 0.07 Tw 0 -2.667 TD
[(The)12.5 ( Group)12.5 ( has)12.6 ( been)12.6 ( principally)12.5 ( engaged)12.5 ( in)12.5 ( providing)12.6 ( supply)12.6 ( chain)12.5 ( solutions)12.5 ( in)12.5 ( multiple)25.1 ( )]TJ
0.025 Tc 0 Tw 0 -1.333 TD
(apparel categories for notable brands.)Tj
0.04 Tc 0.07 Tw 0 -2.667 TD
[(The)12.8 ( entering)12.8 ( into)12.7 ( of)12.8 ( the)12.8 ( Sale)12.8 ( and)12.8 ( Purchase)12.8 ( Agreement)12.8 ( will)12.8 ( enable)12.8 ( the)12.8 ( Company)12.7 ( to)12.8 ( further)15 ( )]TJ
0.041 Tc 0 -1.333 TD
[(expand)12.8 ( its)12.8 ( apparel)12.7 ( category)12.8 ( portfolio)12.7 ( by)12.8 ( acquiring)12.8 ( the)12.8 ( Assets)12.8 ( in)12.8 ( relation)12.8 ( to)12.8 ( the)12.8 ( production)16 ( )]TJ
0.053 Tc 0 -1.333 TD
[(of)12.3 ( sweaters,)12.2 ( providing)12.3 ( a)12.3 ( foundation)12.3 ( for)12.3 ( the)12.3 ( Company)12.2 ( to)12.3 ( expand)12.2 ( its)12.2 ( business)12.2 ( and)12.2 ( further)28 ( )]TJ
0.025 Tc 0 Tw T*
(strengthen its market position.)Tj
0.068 Tw 0 -2.667 TD
(The Directors \(including the independent non-executive Directors\) cons\
ider that the terms of )Tj
0 Tw 0 -1.333 TD
(the Sale and Purchase Agreement are fair and reasonable and on normal co\
mmercial terms and )Tj
0.069 Tw 0 -1.333 TD
(that the entering into of the Sale and Purchase Agreement is in the inte\
rests of the Company )Tj
0 Tw 0 -1.333 TD
(and its shareholders as a whole.)Tj
0.023 Tc 0 -2.667 TD
[(The Board is pleased to complete this transaction. Though in the wake of\
COVID-19 pandemic)-1.9 ( )]TJ
0.027 Tc 0.081 Tw 0 -1.333 TD
[(and)2 ( )0.5 (global)2 ( )0.5 (economic)2 ( )0.5 (uncertainty,)2 ( )0.5 (the)2.1 ( management)2 ( )0.5 (believes)2 ( )0.5 (it)2 ( )0.5 (remains)2 ( )0.5 (an)2 ( )0.5 (opportune)2 ( )0.5 (time)2 ( for)2 ( )]TJ
0.035 Tc 0.073 Tw T*
[(the)10.1 ( Group)10 ( )0.5 (to)10 ( )0.5 (gauge)10 ( )0.5 (merger)10 ( )0.5 (and)10 ( )0.5 (acquisition)10 ( )0.5 (opportunities)10 ( )0.5 (to)10 ( )0.5 (grow)10 ( )0.5 (the)10 ( )0.5 (Group\222s)10 ( )0.5 (business)10 ( )0.5 (and)10 ( )]TJ
0.025 Tc 0.05 Tw 0 -1.333 TD
(enhance return to the Company\222s shareholders. The Board will stick to\
the strategy set out in )Tj
0.038 Tc 0.07 Tw 0 -1.333 TD
[(the)12.8 ( Company\222s)12.7 ( prospectus)12.8 ( dated)12.7 ( 3)12.7 (1)12.8 ( October)12.8 ( 2)12.8 (0)12.7 (1)12.8 (9)12.7 ( and)12.8 ( will)12.8 ( continue)12.8 ( to)12.7 ( explore)12.8 ( appropriate)13 ( )]TJ
0.025 Tc 0.058 Tw T*
(merger and acquisition opportunities to gain market share by expanding o\
ur apparel category )Tj
0.028 Tc 0.08 Tw 0 -1.333 TD
[(p)0.5 (ort)0.5 (fo)0.5 (li)0.5 (o)3 ( )0.5 (an)0.5 (d)3 ( )0.5 (to)3 ( )0.5 (c)0.5 (re)0.5 (a)0.5 (te)3 ( )0.5 (i)0.5 (nc)0.5 (re)0.5 (me)0.5 (nt)0.5 (al)3 ( )0.5 (p)0.5 (ro)0.5 (fi)0.5 (ta)0.5 (bi)0.5 (li)0.5 (ty)3 ( )0.5 (b)0.5 (y)3 ( )0.5 (ac)0.5 (hi)0.5 (ev)0.5 (in)0.5 (g)3 ( )0.5 (sy)0.5 (ne)0.5 (rg)0.5 (ie)0.5 (s)3 ( )0.5 (s)0.5 (uc)0.5 (h)2.9 ( )0.5 (a)0.5 (s)3 ( )0.5 (c)0.5 (ro)0.5 (ss)0.5 (-s)0.5 (e)0.5 (lli)0.5 (ng)3 ( )]TJ
0.025 Tc 0 Tw 0 -1.333 TD
(and economies of scale.)Tj
27.252 -2.667 Td
(By order of the Board)Tj
/T1_1 1 Tf
-0.858 -1.333 Td
(Lever Style Corporation)Tj
0.482 -1.333 Td
(Szeto Chi Yan Stanley)Tj
/T1_2 1 Tf
-2.096 -1.333 Td
(Chairman and executive Director)Tj
/T1_0 1 Tf
-24.78 -2.667 Td
(Hong Kong, 31 July 2020)Tj
/T1_2 1 Tf
0.068 Tc 0.07 Tw 0 -2.667 TD
[(As)12.4 ( at)12.3 ( the)12.4 ( date)12.4 ( of)12.4 ( this)12.4 ( announcement,)12.3 ( the)12.4 ( Board)12.3 ( comprises)12.4 ( Mr.)12.3 ( Szeto)12.4 ( Chi)12.3 ( Yan)12.4 ( Stanley)43 ( )]TJ
0.025 Tc 0.027 Tw 0 -1.333 TD
(\(Chairman\), Dr. Chan Yuk Mau Eddie and Mr. Lee Yiu Ming as executive D\
irectors, Mr. Kim )Tj
0.005 Tw 0 -1.333 TD
(William Pak as non-executive Director, and Mr. See Tak Wah, Mr. Auyang P\
ak Hong Bernard )Tj
0 Tw 0 -1.333 TD
(and Mr. Lee Shing Tung Tommy as the independent non-executive Directors.\
)Tj
ET
endstream
endobj
13 0 obj
<>
endobj
18 0 obj
<>
endobj
14 0 obj
<>
endobj
25 0 obj
<>
endobj
26 0 obj
<>stream
H\N@y&դPV-ۻc4e|C|YoB75֏f߅6S7;B6+M5!4&LOceu.j{myчf0ߧzxӶMֻr=~)en|gUӱ|h[ݾcVx(%<'+
&v6q$.%|dvdf]|f]u-::;8;;;;;%+8"x
=A0G#x|A_/%S-"E؋a/^P呜J٣GSTz*<
OSTz*<
O]/<疼gb0Ri6ӨN4./hv̾ [
endstream
endobj
27 0 obj
<>stream
HT{T!$
1(EWW|wW"OP\P B(L1G ! ]R
VuutwNbu37߽a8GmIJܐuJϙW櫳?87!,-34*CQSS15qW/NF`ABN)2jջŋ[6VsGQ;x_ϝ;]٥b:@&fkERʉaW糣uVSiK^P7]k_QbTVc^Q({YMq<>`UBVb$ǰxzVYæ;zcn:[5Y4<嗣UZk4ZvOVQg՚BwBe} VHTj7DKe'K0pL:
u&
]8(*hEtE3|y2!K`3
E0>0-Dwʑ,Bw!)&lސS"eJnH&vYquҢd2tnJ/)%(A?4ɐ,O"f+[m@Au]Pe,UB'0Z˨\
X I,bj 6z;]n`ks
V'@86:{_mjcW]nD ̔B8sjkF@a,`>~05ێ(b9
Y}`ҥZ=JחYӪ CY-LG3,CSAS
+ʵ^z`w