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)

INSIDE INFORMATION SUSPENSION OF SUPPLIES TO A MAJOR CUSTOMER AND RESUMPTION OF TRADING

This announcement is made by PanAsialum Holdings Company Limited (the "Company" together with its subsidiaries, the "Group") pursuant to the Inside Information Provisions (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Cap.
571 of the Laws of Hong Kong) and Rule 13.09 of the Listing Rules.
The Company is in the process of reviewing with a major customer on the sales terms of its supplies. The Company has resolved that if an agreement fail to reach, it would consider suspending its supplies to the customer at an appropriate time.
The customer accounted for approximately 50% of the Group's turnover in the financial year ended
30 September 2013. In the event that the issue cannot be resolved and the Company proceeds with the suspension, the suspension could result in a decline in the revenue and profits of the Group. The Company will issue further announcement(s) on the progress of the review as and when appropriate.
The Company is in discussion with potential customers to counter the impact of the possible suspension of supplies to the major customer. The board of directors of the Company (the "Board") confirms that the Group has sufficient working capital to meet its present operational requirements. Shareholders and potential investors are reminded to exercise caution when dealing in the securities of the Company.

RESUMPTION OF TRADING

At the request of the Company, trading in the Company's shares on the Stock Exchange has been halted with effect from 9:00 a.m. on 19 June 2014 pending the release of this announcement. Application has been made by the Company for resumption of trading in the Company's shares on the Stock Exchange with effect from 9:00 a.m. on 25 June 2014.

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By order of the Board PanAsialum Holdings Company Limited Marcus Pan

Chairman and Chief Executive Officer

Hong Kong, 24 June 2014

As at the date of this announcement, our executive directors are Mr. Marcus Pan, Ms. Shao Lidan, Mr. Fung Chi Kong Felix and Ms. Ng Bonnie Po Ling, our non-executive director is Mr. Lee Hui Fu, and our independent non-executive directors are Mr. Tsang Wah Kwong, Mr. Chan Nim Leung Leon, Mr. Wong Yee Shuen Wilson and Mr. Tse Chiang Kwok Nassar.

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