An independent third party entered into an agreement to acquire Like Top Corporation Limited from Macrolink Capital Holdings Limited (SEHK:758) for HKD 2.2 million on November 8, 2019. Pursuant to the agreement, independent third party will also acquire loan of amount HKD 0.04 million of Like Top Corporation Limited. Under the agreement, independent third party shall pay HKD 1.2 million upon execution of agreement and HKD 1 million upon completion of transaction. Like Top reported revenue of HKD 23.3 million and net loss of HKD 21 million for the year ending December 31, 2018. Transaction is subject to certain conditions including provision of true warranties by each party, all waivers, consents, approvals or confirmations required for the purposes of the parties for the entry into and the implementation of the agreement having been obtained and all requirements imposed by the Stock Exchange under the Listing Rules or otherwise in connection with the transactions contemplated by the agreement (if any) having been fully complied with. The parties shall use their reasonable endeavors to ensure that all conditions shall be fulfilled February 29, 2020. If any of the conditions has not fulfilled b February 29, 2020, then Macrolink Capital Holdings Limited shall return deposit of HKD 1.2 million and agreement will be null and void. Completion shall take place within 14 business days after the agreement has become unconditional.