Hoiana Opens for Preview on 28th June 2020 - A New Chapter for Suncity to Evolve into an Integrated Resort Operator

HONG KONG,June 23,2020 -- Suncity Group Holdings Limited ("Suncity" or the "Company",Hong Kong Stock Exchange code: 1383) would like to announce that Hoiana,the integrated resort project of which Suncity held 34% of indirect equity interest in,is going to be opened for preview on 28th June 2020.

Hoiana Shores Golf Club

The Hoiana story began in 2016 when its ground breaking ceremony marked the commencement of the most ambitious tourism development in Central Vietnam. Four years in the making,Hoiana is now ready to introduce some of its first operational facilities during an Operational Preview starting 28th June 2020. During this period,guests can enjoy cutting-edge entertainment and gaming facilities by Hoiana Suncity,play at Vietnam's first Robert Trent Jones Jr. designed Hoiana Shores Golf Club or indulge in the first of four luxurious hotels managed by Rosewood Hotel Group – the Hoiana Hotel & Suites.

Major highlights in Hoiana Phase 1 include:

Four hotels offering over 1,000 rooms,suites and villas,including the all-suite Hoiana Hotel & Suites that offers personalised 24-hour butler service;New World Hoiana Hotel & Residences,a hotel that caters for both short-term and long-term stays with deluxe accommodation; KHOS Hoiana,a brand-new hospitality concept that combines tastefully appointed guest rooms with free-flowing social hubs; and,Rosewood Hoi An (to be opened later),luxurious villas that offer an inspirational journey of discovery for travellers,a perfect match with Rosewood Hotels & Resorts A Sense of Place ® philosophy;

A 4km coastline with panoramic sea view,where a unique Beach Club is being built,offering authentic sun,sea,sand and entertainment;

An 18-hole golf course,designed by the famous architect Robert Trent Jones Jr. The golf course has officially opened on 2 March 2020;

A wide array of F&B and retail brands,along with exciting performances and entertainment activities for both gaming and non-gaming guests.

Mr Chau Cheok Wa,Chairman of Suncity,said,"The metamorphosis of Suncity never stops. I am delighted to see that our projects in Vietnam,Russia,Philippines etc. continue to grow as they all undergo transformation. My dear friends and guests,please come to experience Hoiana yourself during the Grand Opening in 2021."

About Suncity Group Holdings Limited (HKEx stock code: 1383)

Suncity Group Holdings Limited ("Suncity" or the "Group") is en-route to become a leading integrated resort operator in Asia. Originated from Macau,Suncity develops,operates and manages integrated resorts across Asia,including Vietnam,the Philippines,Japan and South Korea etc.

HOIANA is the first flagship integrated resort that Suncity jointly develop with our investment partners. Located in Central Vietnam,HOIANA is only 35 minutes away from the Danang International Airport and is located near to top tourist attractions in Danang and Hoi An. HOIANA is a world-class integrated resort with branded hotels,state-of-the-art gaming floors,multiple F&B restaurants,award-winning golf course and long pristine beaches.

Suncity is the single largest shareholder of Summit Ascent Holdings Limited (HKEx: 102),and participates in the development of future phases of Tigre de Cristal Resort in Vladivostok,Russia. Suncity is also the controlling shareholder of Suntrust Home Developers,Inc. (PSE: SUN),who is going to co-develop Westside City project in the heart of Entertainment City in Manila,the Philippines. The Group also offers consultancy services to large scale integrated resorts in Asia. In addition,the Group operates in the travel related product and services segment and the property segment.

Adhering to the spirit of "Innovating With Diversity,Striving For Success",Suncity Group spared no effort to develop entertainment and integrated resort products. Originated from Macau,Suncity Group actively explores integrated resort opportunities around the world.

For more information about the Group,please visit http://www.suncitygroup.com.hk/?lang=en

Photo - https://photos.prnasia.com/prnh/20200623/2838813-1?lang=0