Century Sunshine : OVERSEAS REGULATORY ANNOUNCEMENT

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 disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(in provisional liquidation)

(for restructuring purposes only)

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 509)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is issued by Century Sunshine Group Holdings Limited (the "Company") pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached announcement published by the Company on the Singapore Exchange Securities Trading Limited on 3 August 2020.

By Order of the Board

Century Sunshine Group Holdings Limited

(in provisional liquidation)

(for restructuring purposes only)

Shum Sai Chit

Executive Director

Hong Kong, 3 August 2020

As at the date of this announcement, the directors of the Company are:

Executive directors:	Mr. Chi Wen Fu, Mr. Shum Sai Chit and
	Mr. Chi Jing Chao
Non-executive director:	Mr. Guo Mengyong

Independent non-executive directors:	Mr. Cheung Sound Poon, Mr. Sheng Hong
	and Mr. Lau Chi Kit

CENTURY SUNSHINE GROUP HOLDINGS LIMITED

(in provisional liquidation) (for restructuring purposes only)

(Incorporated in the Cayman Islands with limited liability)

UEN/Company Registration No.: 122654

(the "Company")

N OTICE TO CREDITORS

Reference is made to the S$101,750,000 7.0% Fixed Rate Notes Due 2020 (SGX: N200703; ISIN: SG7CG8000008) (the "Notes") issued by the Company pursuant to its S$300,000,000 Multicurrency Medium Term Note Programme established on 19 May 2015, each of which are constituted by the trust deed dated 19 May 2015 entered into between (1) the Company, as issuer, (2) the guarantors named therein, as g uarantors, and (3) The Bank of New York Mellon, Singapore Branch, as trustee, as amended and restated by an amending and restating trust deed dated 9 May 2017 (collectively, the "Amended Trust Deed") and th e announcements made by the Company on 3 July 2020, 6 July 2020, 8 July 2020, 9 July 2020 and 15 July 2020.

PROPOSED RESTRUCTURING OF THE NOTES

The Company and the joint provisional liquidators (the "JPLs") are currently att empting to reach beneficial holders of the Notes (the "Noteholders") in relation to a potential restructuring of the Notes. The Noteholders are invited to contact the JPLs (by email to Amanda-CS.Tan@hk .ey.com)to establish contact and initiate discussions.

The Company and the JPLs are committed to full and open communication with the Noteholders to facilitate open communications and to obtain their views and input during the process of the restructuring.

By Order of the Board of Directors

Century Sunshine Group Holdings Lim ited (in provisional liquid ation)

(for restructuring purposes only) Shum Sai Chit

Executive Director

3 August 2020