(7 January 2010) ------ Luk Fook Holdings (International) Limited (“Luk Fook” / the “Group”) (Stock Code: 00590), proudly announced that its new shop located at The Shoppes at Marina Bay Sands in Singapore opened on 21 December 2010. Whereas in Hong Kong, a news shop opened in Jordan and Tai Po on 21 and 22 December 2010 respectively.

its overseas retail network in a short period, establishing its first shop at The Shoppes at Marina Bay Sands in Singapore. Located inside Sands Singapore Hotel, a leading business, leisure and entertainment destination for tourists, and closed to the city centre, the Shoppes at Marina Bay Sands is the Singapore’s first large-scale luxurious shopping destination where consumers can find the highest quality merchandise.

In addition, with restaurants and hotels nearby, the Jordan new shop which situated at 311 Nathan Road, is the Group’  largest shopping landmark in the North-East New Territories with high pedestrian flow. Taking the advantages of good accessibility, the two shops are located at the shopping hot spots for PRC tourists traveling under the Individual Visit Scheme.

Mr. Wong Wai Sheung, Chief Executive of the Group, said, “the Singapore shop is the Group’s first shop in South East Asia. The Group sees great potential in this area and thus taps the Singapore market as a pioneer. Starting from 15 December, the scope of Individual Visit Scheme for non-Guangdong residents in Shenzhen will be expanded. We believe the number of PRC tourists visiting Hong Kong will continue to increase, bringing satisfactory retail revenue to the Group. The Group will keep seeking opportunities to expand its business, so as to strengthen its leading position in the industry.”

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