Easy Living (00223.HK) stated that it has received a notice from the subscriber and existing shareholder CH Innovation (01217.HK), claiming that the alleged request from a minority shareholder of the company to convene a special general meeting to dismiss and appoint directors may seriously affect the rights of the subscriber under the subscription agreement, impede the original intention of the subscriber to invest in the company, and violate the mutual understanding and agreement between the company and the subscriber when entering into the subscription agreement, thereby harming the interests of shareholders and subscriber shareholders.

Easy Living stated that the board of directors is currently seeking professional advice to determine the compliance of the procedures claimed to be requested and to take appropriate action accordingly.