SC Holdings Corporation Enters Into a Letter Of Intent to Acquire Smartfair Car Leasing Holdings Group Limited Assets

HONG KONG, CHINA / ACCESSWIRE / February 26, 2016 / SC Holdings Corporation (“SCNG or the Company”) (OTC: SCNG) is pleased to announce the signing of a letter of Intent to acquire the assets of Smartfair Car Leasing Holdings Group Limited. Smartfair provides car rental and leasing along with security monitoring of leased cars.

“We have begun to do our due diligences of Smartfair in hopes of closing the transaction as soon as possible, “states Tan Yuen Hing, President and CEO of SC Holdings Corporation. “This will make us a leading Company in the car leasing in our region.”

About SC Holdings Corporation

SC Holding Corporation is a publically trading Company seeking opportunities to grow its shareholder value.

About Smartfair Car Leasing Holdings Group Limited

Smartfair Car Leasing (www.smartfaircar,com.hk) is a Hong Kong Car Rental Company formed in 2014 serving the Hong Kong financial district. It has established offices in China and Taiwan to better serve the Chinese market.

Safe Harbor:

This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements generally can be identified by phrases such as EQ Labs, Inc. or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report, our quarterly reports and other periodic reports filed from time-to-time with the OTC Markets.

Contact Information:

SC Holdings Corporation
Tan Yuen Hing CEO
19th Floor, No 10, Xinpu 6th Street
Taoyuan City
Taoyuan County 330
Taiwan, Province Of China
Phone: 886 03 3567 006
Email: info@ctlpe.com

SOURCE: SC Holdings Corporation

ReleaseID: 437240