Sino Golf : Unusual Price and Trading Volume Movements

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Sino Golf HoldinGS limited

順龍控股有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 00361)

UnUSUAl PRiCe And tRAdinG VolUme moVementS

The board (the "Board") of directors (the "directors") of Sino Golf Holdings Limited (the "Company") has noted the increase in the price and trading volume of the shares of the Company (the "Shares") today and wishes to state that save as disclosed in this announcement, having made such enquiry with respect to the Company as is reasonable in the circumstances, the Board confirms that save as disclosed below, it is not aware of any reason for these price and volume movements or of any information which must be announced to avoid a false market in the Company's securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance ("Sfo").

Unless otherwise indicated, capitalised terms used in this announcement shall have the same meanings as those defined in the circular of the Company dated 14 December 2015 in relation to, among other things, the Capital Reorganisation and Bonus Issue.

Apart from today being the first day of dealing in Shares on an ex-entitlement basis under Capital Reorganisation and Bonus Issue, the Company is in preliminary negotiation with an independent third party in relation to a possible acquisition ("Possible transaction"). As at the date of this announcement, no definitive agreement has been entered into between the Company and such independent third party. Further announcement(s) in respect to the Possible Transaction will be made by the Company as and when appropriate in accordance with the Listing Rules and the SFO.

Shareholders and potential investors of the Company should note that the Possible transaction as mentioned herein may or may not proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

This announcement is made by the order of the Company. The Board collectively and individually accepts responsibility for the accuracy of this announcement.

By order of the Board

Sino Golf Holdings limited Wong Hin Shek

Chairman

Hong Kong, 11 January 2016

As at the date of this announcement, the Board comprises Mr. WONG Hin Shek, Mr. ZHANG Yi and Mr. CHU Chun Man, Augustine, all being executive Directors; and Ms. CHU Yin Yin, Georgiana, Mr. YIP Tai Him and Mr. CHAN Kai Wing, all being independent non-executive Directors.

* For identification purpose only