Grand Opening will happen in 2021

MACAU, CHINA - Media OutReach - 29 June 2020 - "HOIANA",a joint investment between VMS Investment Group, VinaCapital and Suncity GroupHoldings Limited (HKEx: 1383.HK), has officially opened for preview on June 28.A simple yet solemn unveiling ceremony was held. Thepreview of HOIANA marks an exciting new chapter for Suncity Group to evolveinto an integrated resort operator, whilst the official Grand Opening of HOIANAwill happen in 2021.

Thepreview ceremony was hosted by Mr Don Lam, Chairman of HOIANA and Mr SteveWolstenholme, Chief Executive Officer of HOIANA

ToastingCeremony

Vietnam's first Robert Trent Jones Jr.designed Hoiana Shores Golf Club

The preview ceremony was hosted by Mr DonLam, Chairman of HOIANA and Mr Steve Wolstenholme, Chief Executive Officer ofHOIANA, together with the management team. Traditionalceremonies such as "LionEye Dotting" and "Choi Qing" were held and the officiating guestskicked off the unveiling ceremony for HOIANA, as HOIANA welcomes its firstguests to Vietnam's brand-new entertainment and lifestyle destination.

The HOIANA story began in 2016 whenits ground breaking ceremony marked the commencement of the most ambitioustourism development in Central Vietnam. Four years in the making, HOIANA is nowready to introduce some of its first operational facilities, such as the gamingfacilities by Hoiana Suncity, Vietnam's first Robert Trent Jones Jr. designedHoiana Shores Golf Club. Accommodation wise, the Hoiana Hotel & Suites managedby Rosewood Hotel Group, is the first to welcome guests with suites overlooking thestunning coastline and providing personalized 24-hour butler service.

As the first large-scale integratedresort in the area, one of the most special features of HOIANA is over 3 km coastline, where a unique Beach Club will bebuilt. More F&B and retail brands will be introduced, along with excitingperformances and entertainment activities for both gaming and non-gamingguests. Suncity Group is confident that HOIANA will become the finestentertainment hub in Southeast Asia, bringing positive benefits and sustainabledevelopment for the Group.

Adhering to the spirit of "Innovationwith diversity, strive for success", Suncity Group has been dedicated to achievea flourishing development of integrated VIP entertainment, including VIPservices, entertainment, global tourism, food and beverage, luxury fashion, andthrough Suncity Group Holdings Limited (HKEx: 1383.HK), Suncity has beenactively expanding its global hotel and integrated resort management businessesas its core development.

In addition, Suncity Group HoldingsLimited has become the single largest shareholder of Summit Ascent Holdings Limited(HKEx: 102.HK) and will be participating in the development and operations of thecurrent and future phases of Tigre de Cristal in Vladivostok, Russia. It hasalso acquired the majority stake of Suntrust Home Developers Inc. (PSE: SUN) inthe Philippines, entering the Filipino market by developing Westside CityProject in Entertainment City in Manila, the Philippines. The project will havea gross floor area of over 180,000 square meters, and is expected to be inoperations in Q4 2022. It will consist of 400 five-star hotel rooms,entertainment facilities, pool clubs and leisure clubs, etc. The final productwill be integrated with the theatres, shopping malls, restaurants and 2,000additional hotel rooms, etc. to be built by the project partner.

Mr Alvin Chau, Chief Executive Officerand Director of Suncity Group said, "The metamorphosis of Suncity never stops.I am delighted to see that our projects in Vietnam, Russia, the Philippines,etc. continue to grow as they all undergo transformation. My dear friends andguests, please come to experience Hoiana yourself during the Grand Opening in2021."

High-resolutionimages can be downloaded in the gallery:

https://dropbox.suncity-group.com/url/0629hoiana

About Suncity Group

SuncityGroup was founded in 2007. Since establishment, Suncity Group has been strivingto provide the extraordinary VIP entertainment service for our guests, and wethen opened a number of VIP Clubs in various 6-star hotels and resortsthroughout Macau with the rapid growth of our business. Meanwhile, wesuccessively set up exclusive VIP Clubs in Manila, Seoul, Incheon, Phnom Penhand Da Nang, etc.

Adhering tothe spirit of "Innovating With Diversity, Striving For Success", Suncity Groupspared no effort to develop high-end entertainment services and products aswell as roll out global VIP loyalty program for the selected members to enjoyentertainment, travel, catering services, luxury shopping and motion picture.Today, the scope of our business covers most sectors, especially in the fieldsof global travel, film production, concert and event planning, catering andluxury goods.

As a Macauborn and bred enterprise, Suncity Group is not only devoted to develop theAsian market, but also oriented to expand the global network. In the future, wewill surely continue to diversify our VIP entertainment services, attract moreexclusive members and make every effort to promote our business in every cornerof the world.

Official Website | www.suncitygroup.com.mo/en