Goldbond : (1) FURTHER DELAY IN COMPLETION OF FORENSIC REVIEW AND PUBLICATION OF 2019 ANNUAL RESULTS AND (2) DELAY IN PUBLICATION OF INTERIM RESULTS AND DESPATCH OF INTERIM REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019

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GOLDBOND GROUP HOLDINGS LIMITED

金 榜 集 團 控 股 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock code: 00172)

1. FURTHER DELAY IN COMPLETION OF FORENSIC REVIEW AND PUBLICATION OF 2019 ANNUAL RESULTS AND

1. DELAY IN PUBLICATION OF INTERIM RESULTS AND DESPATCH OF INTERIM REPORT

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019

This announcement is made by Goldbond Group Holdings Limited (the "Company" and, collectively with its subsidiaries, the "Group") pursuant to Rule 13.09 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the provisions of inside information under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

References are made to the announcements (the "Announcements") of the Company dated 28 June 2019, 22 July 2019, 3 September 2019 and 27 September 2019, respectively, in relation to, among others, the delay in the publication of the 2019 Annual Results, the continued suspension of trading and Resumption Guidance. Capitalised terms used in this announcement shall bear the same meanings as those defined in the Announcements unless the context requires otherwise.

FURTHER DELAY IN COMPLETION OF FORENSIC REVIEW AND PUBLICATION OF 2019 ANNUAL RESULTS

As disclosed in the announcement of the Company dated 27 September 2019, it was expected that the final report on the Investigation would be issued by the Independent Firm by 30 November 2019.

Upon the discussion between the Company and the Independent Firm, the Independent Firm has proposed that additional procedures be carried out with a view to resolving certain outstanding matters in respect of the Trading Transactions. Based on the current progress, the finalisation of the report on the review of the Investigation would be dependent on the provision of additional information and documents by the Company to facilitate the conduct of the above proposed additional procedures. As additional information and time are required, the Company expects that the Independent Firm will issue the final report on the Investigation on or before 31 January 2020. Further announcement(s) will be made by the Company in respect of the findings of the Investigation as and when appropriate.

Further, as additional time would be required by the Auditors to perform and complete its audit work in respect of the 2019 Annual Results pending final findings of the Investigation and such other information that may be revealed therefrom, the publication of the 2019 Annual Results and the despatch of the 2019 Annual Report will be further delayed.

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DELAY IN PUBLICATION OF INTERIM RESULTS AND DESPATCH OF INTERIM REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019

The Company announces that as the publication of the 2019 Annual Results and the despatch of the 2019 Annual Report are still pending, it is expected that the Company's interim results announcement for the six months ended 30 September 2019 (the "2019 Interim Results") will not be published by 30 November 2019 and the interim report of the Company for the six months ended 30 September 2019 (the "2019 Interim Report") will not be despatched to the Shareholders by 31 December 2019, respectively, as required under the Listing Rules.

The Board acknowledges that the delay in the publication of the announcement of the 2019 Interim Results and delay in the despatch of the 2019 Interim Report constitutes non-compliance under Rules 13.49(6) and 13.48(1) of the Listing Rules, respectively.

As the Investigation is still on-going, the Company is not able at this point to estimate the exact timeframe for the finalisation of the audit work in respect of the financial information of the Group for the year ended 31 March 2019 and the six months ended 30 September 2019. The Company will publish further announcement(s) to inform the Shareholders of the date(s) of the Board meeting to approve the 2019 Annual Results and the 2019 Interim Results and the despatch of the 2019 Annual Report and the 2019 Interim Report, and any other update information as and when appropriate.

CONTINUED SUSPENSION OF TRADING

Trading in the shares of the Company on the Stock Exchange has been suspended with effect from 9:00 a.m. on 28 June 2019 and will remain suspended until further notice.

Shareholders and potential investors should exercise extreme caution when dealing in the shares of the Company.

By order of the Board of

Goldbond Group Holdings Limited

Wong Yu Lung, Charles

Chairman

Hong Kong, 29 November 2019

As at the date of this announcement, the Board comprises Mr. Wong Yu Lung, Charles and Ms. Wong, Michelle Yatyee (all being executive Directors), Mr. Ma Ho Fai GBS JP, Mr. Cheng Yuk Wo and Mr. Yeh Hang Shing Kevin Arthur (all being independent non-executive Directors).

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