09:40     MEDTECH GROUP<01031>-Announcement & Resumption of Trading(3)        

    interest in Hang Huo Hotel, from the Vendors; and b)                      
    1% shareholding interest in Hang Huo Hotel from Vendor                    
    D; and                                                                    
                                                                              
    (ii)    in addition to the subject asset under the                        
    Provisional Sale and Purchase Agreement (that is the                      
    asset mentioned in point (i) above), the entire                           
    beneficial interest in Hang Huo Hotel (HK) (as defined                    
    below) through the proposed acquisition of a) 100%                        
    shareholding interest in Hang Huo Holdings, which in                      
    turn holds 50% shareholding interest in Hang Huo Hotel                    
    (HK); and b) 50% shareholding interest in Hang Huo                        
    Hotel (HK) from Vendor D.                                                 
                                                                              
    Hang Huo Hotel Company Limited ("Hang Huo Hotel (HK)")                    
    is a company incorporated in Hong Kong with limited                       
    liability and acts as a representative office leasing                     
    from an independent third party a shop in Shun Tak                        
    Centre, 168 - 200 Connaught Road Central, Hong Kong                       
    to provide reception and promotional services for                         
    Hotel Casa Real which is the principal business of                        
    Hang Huo Hotel (HK).                                                      
                                                                              
    The Consideration remains unchanged at                                    
    HK$1,250,000,000, subject to adjustment as disclosed                      
    in the Announcement.                                                      
                                                                              
    As at the date of this announcement, HK$125,000,000                       
    out of the Consideration of HK$1,250,000,000 has been                     
    paid by Next Champion as deposit.                                         
                                                                              
    Conditions                                                                
                                                                              
    Completion of the Acquisition is conditional upon:                        
                                                                              
    (a)     the receipt by Next Champion of the Macau legal                   
    opinion in relation to the Acquisition;                                   
                                                                              
    (b)     (where required as a result of a change in law                    
    in Macau after the Formal Sale and Purchase Agreement)                    
    all necessary consents, approvals and authorisations                      
    having been obtained from all relevant governmental                       
    and regulatory authorities in Macau in connection                         
    with the SJM Agreement (unconditionally or subject                        
    to conditions that Next Champion shall not                                
    unreasonably object) to the intent that the Casa Real                     
    Casino can be operated in accordance with the SJM                         
    Agreement which shall not become invalid or                               
    ineffective as a result of Completion and the                             
    transactions contemplated under the Formal Sale and                       
    Purchase Agreement and all the conditions and                             
    requirements as the relevant authorities shall                            
    stipulate in relation to the SJM Agreement having been                    
    duly complied with;                                                       
                                                                              
    (c)     the termination of the existing leases in Hotel                   
    Casa Real and the new leases having been entered into                     
    between Hang Huo Hotel and the relevant existing                          
    tenants;                                                                  
                                                                              
    (d)     the receipt by Next Champion of the relevant                      
    licenses in relation to Hotel Casa Real which shall                       
    continue to be valid, effective and not being revoked                     
    as at Completion;                                                         
                                                                              
    (e)     the passing of the necessary resolution(s) by                     
    the shareholders of the Company in general meeting                        
    approving the Formal Sale and Purchase Agreement and                      
    the transactions contemplated thereunder and the                          
    allotment and issue of the Consideration Shares in                        
    accordance with the bye-laws of the Company and the                       
    requirements of the Listing Rules; and                                    
                                                                              
    (f)     the listing committee of the Stock Exchange                       
    granting or agreeing to grant the listing of, and