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.

PanAsialum Holdings Company Limited 榮陽實業集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2078)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to an announcement (the "Announcement") of PanAsialum Holdings Company Limited (the "Company") dated 28 December 2017 in respect of the discloseable and connected transaction regarding the disposal of the entire equity interest in the OPLV Group and the continuing connected transactions of the Company. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

As disclosed in the Announcement, a circular (the "Circular") containing, among others things, (i) details of the Transactions; (ii) recommendation of the Independent Board Committee to the Independent Shareholders in relation to the Transactions; (iii) the letter(s) of advice from the Independent Financial Adviser in the same regard; and (iv) the notice of EGM, would be despatched to the Shareholders on or before 19 January 2018.

As additional time is required to prepare and finalise the contents of the Circular, the despatch of the Circular will be delayed and it is expected that the Circular will be despatched to the Shareholders on or before 29 March 2018.

By order of the Board of

PanAsialum Holdings Company Limited

Cosimo Borrelli Non-Executive Chairman

Hong Kong, 19 January 2018

As at the date of this announcement, the executive directors of the Company are Ms. Shao Liyu, Mr. Zhu Hongtao and Mr. Chan Kai Lun Allan; the non-executive directors of the Company are Mr. Cosimo Borrelli and Ms. Chi Lai Man Jocelyn; and the independent nonexecutive directors of the Company are Mr. Mar Selwyn, Mr. Chan Kai Nang and Mr. Leung Ka Tin.

PanAsialum Holdings Company Limited published this content on 19 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 January 2018 14:09:06 UTC.

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