93f90334-e591-4d05-9c96-6f9d64c50e15.pdf

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.


(Incorporated in Hong Kong with limited liability)

(Stock Code: 00560)


FURTHER ANNOUNCEMENT MAJOR AND CONNECTED TRANSACTION

ACQUISITION OF SUN KONG PETROLEUM COMPANY LIMITED AND COTAI CHU KONG SHIPPING MANAGEMENT SERVICES (MACAU) COMPANY LIMITED


Reference is made to the announcement of Chu Kong Shipping Enterprises (Group) Company Limited (the "Company") dated 4 March 2016 (the "Announcement") in relation to the proposed Acquisition. Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcement.


The Board would like to further announce that on 24 March 2016 (after trading hours), (i) the Company entered into a supplemental agreement with CKSE; and (ii) the Company and CKPT entered into a supplemental agreement with CKSE and Sportwise Development, respectively, pursuant to which a condition precedent is added to each of the Sun Kong Agreement and the Cotai Agreement, respectively, to the effect that the Agreements become inter-conditional upon each other.


A circular containing information specified in the Announcement is expected to be dispatched to the Shareholders on or before 29 March 2016 in accordance with the Listing Rules.


By order of the Board

Chu Kong Shipping Enterprises (Group) Co., Ltd.

Xiong Gebing Chairman/ Managing Director


Hong Kong, 24 March 2016


As at the date of this announcement, the Company's executive Directors include Mr. Xiong Gebing, Mr. Zeng He and Mr. Cheng Jie; non-executive Director includes Mr. Zhang Lei; and independent non- executive Directors include Mr. Chan Kay-cheung, Ms. Yau Lai Man and Mr. Chow Bing Sing.

CKS - Chu Kong Shipping Development Company Limited issued this content on 24 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 March 2016 12:42:04 UTC

Original Document: http://www.cksd.com/attachment/2016032420320100002463281_en.pdf