Grand Opening of Three New Shops in Singapore and Hong Kong

 

(21 December 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.

Following the grand opening of the new shop in San Francisco, the United States in early December, the Group further expands 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’

In addition, with restaurants and hotels nearby, the Jordan new shop which situated at 311 Nathan Road, is the Group’s third branch in the district. Meanwhile, the Tai Po new shop which located inside Tai Po Mega Mall, is the largest shopping landmark in tags:

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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About Luk Fook Holdings (International) Ltd. (Stock Code: 00590.HK)

“Brand of Hong Kong, Sparkling the World”.