Bel Global Resources : Decision of the Listing Appeals Committee and cancellation of Listing of the Company

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.

BEL GLOBAL RESOURCES HOLDINGS LIMITED 百營環球資源控股有限公司

(incorporated in Bermuda with limited liability)

(stock code: 761)

DECISION OF THE LISTING APPEALS COMMITTEE

AND

CANCELLATION OF LISTING OF THE COMPANY

Reference is made to the announcements of Bel Global Resource Holdings Limited (the "Company") dated 28 December 2017 and 1 August 2018 in relation to, among others, the decision of the Listing (Review) Committee (the "Decision") and the application for a review of the Decision by the Listing Appeals Committee.

DECISION OF THE LISTING APPEALS COMMITTEE

The review hearing of the Listing Appeals Committee (the "Appeals Committee") of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") was held on 10 August 2018 for a review of the Decision.

On 13 August 2018, the Stock Exchange notified the Company that the Appeals Committee, having considered all submissions (both written and oral) presented by the Company and the Listing Department of the Stock Exchange, the Appeals Committee decided to uphold the Decision to delist the Company.

CANCELLATION OF LISTING

On 14 August 2018, the Stock Exchange issued a letter advising the Company that the last day of listing of the shares of the Company (the "Shares") will be 23 August 2018 (the "Last Listing Date") and the listing of the Shares will be cancelled with effect from 9.00 a.m. on 24 August 2018 under the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules").

CONSEQUENCES TO THE SHAREHOLDERS

All Shareholders and investors should note that after the Last Listing Date, whilst the share certificates of the Shares will remain valid, the Shares will not be listed on, and will not be tradeable on the Stock Exchange or on any stock exchange. Accordingly, there will be no public market for the trading of the Shares, and the Company will no longer be subject to the Listing Rules.

MAINTAINING THE HONG KONG SHARE REGISTER

The board wishes to inform the shareholders that after the Last Listing Date, the Hong Kong register of members (the "Hong Kong Register") maintained by Tricor Tengis Limited will be maintained until further notice. Any shareholders who wish to transfer their shares by way of a sale or otherwise or re-register the shares into the name(s) of the ultimate beneficial owner(s) or a new nominee on the Hong Kong Register, they must submit an original instrument of transfer duly signed by the transferor and transferee and the original share certificate(s) in respect of the relevant share(s) to the Company's Hong Kong branch share registrar and transfer office, Tricor Tengis Limited at Level 22, Hopewell Centre, 183

Queen's Road East, Hong Kong.

MAINTAINING THE COMPANY'S WEBSITE

The board wishes to inform the shareholders that after the Last Listing Date, the Company's website(www.bgr.com.hk)will be maintained until further notice. Business updates, announcements, circulars, notice of general meeting and other documents from the Company to the shareholders of the Company will be available on the Company's website although there will be no obligation on the Company to include all information or to update the website as required under the Listing Rules after the Last Listing Date.

Shareholders who have queries about the implications of the cancellation of listing are advised to obtain appropriate professional advice.

By order of the Board

Bel Global Resources Holdings Limited

Li Wing Tak

Company Secretary

Hong Kong, 22 August 2018

As at the date of this announcement, (i) the executive Director is Mr. Li Wing Tak (note); (ii) non-executive Directors are Mr. Cai Dubing and Mr. Sze Irons; and (iii) the independent non-executive Directors are Dr. Chang Soo-kong and Mr. Ho Wai Chi, Paul.

Note: Mr. Li Wing Tak has appointed Mr. Wong Wan Sing as his alternate Director.