Sky Light Holdings Limited (SEHK:3882) conditionally agreed to acquire 51% equity interests in Wuhan Show Life Convenience Store Co., Ltd. from Wuhan Show Life E-commerce Co., Ltd. for HKD 194.24 million on September 23, 2022. Deal completion is conditional upon approvals from the relevant government departments of the PRC and/or of Hong Kong and approval of Wuhan Show Life Convenience Store Co., Ltd. board of directors and shareholders. As of November 17, 2022, Wuhan Show Life and Sky Light Holdings agreed to remove the condition of the Listing Committee of the Stock Exchange granting the listing of and permission
to deal in the Consideration Share. For the year ended August 31, 2022, Wuhan Show Life Convenience Store Co., Ltd. Total assets is HKD 2.28 million and Net liabilities is HKD 0.38 million. The expected closing of the transaction is December 31, 2022.