Hygieia Group Limited (SEHK:1650) agreed to acquire 51% stake in East Star Lifestyle Convenience Store (Shenzhen) Co., Ltd. from East Star Holdings (Wuhan) Co., Ltd. for HKD34.2 million on April 18, 2024. The consideration payable by the Purchaser to the Vendor for the sale and purchase of the Sale Shares shall be HKD34.2 million. The Consideration shall be paid and settled in full by the Purchaser by issuing the Convertible Note.