09:31     GOLIK HOLDINGS<01118> - Announcement (6)                            

    approximately 25,666 sq ft. located at the remaining                      
    portion of Lot. No. 187 in D.D. 77 Ping Che Road, Ping                    
    Yeung New Village, Fanling, New Territories, Hong                         
    Kong;                                                                     
                                                                              
    "Property Interest B"   comprising three units of                         
    workshops with a total gross floor area of                                
    approximately 8,803 sq ft., located at Rooms 4-6, 1/F,                    
    Fashion Centre, Nos. 51-53 Wing Hong Street, Cheung                       
    Sha Wan, Kowloon, Hong Kong;                                              
                                                                              
    "Property Interest C"   comprise one single storey                        
    building and a covered ground for warehouse with a                        
    total gross floor area of approximately 22,194 sq ft.,                    
    located at Section A of Lot. No. 981 in D.D. 77, Ping                     
    Che, Fanling, New Territories, Hong Kong;                                 
                                                                              
    "Provisional Agreement A"       The provisional                           
    agreement dated 28 January 2005 entered into between                      
    the Vendor A and the Purchaser A in relation to the                       
    disposal of Property Interest A;                                          
                                                                              
    "Provisional Agreement B"       The provisional                           
    agreement dated 28 January 2005 entered into between                      
    the Vendor B and the Purchaser B in relation to the                       
    disposal of Property Interest B;                                          
                                                                              
    "Agreement C"   The memorandum of agreement dated 28                      
    January 2005 entered into between the Vendor C and                        
    the Purchaser C in relation to the disposal of                            
    Property Interest C;                                                      
                                                                              
    "Purchaser A"   Mass Sino Development Limited, a                          
    company incorporated in Hong Kong with limited                            
    liability;                                                                
                                                                              
    "Purchaser B"   Unigreat Trading Limited or its                           
    nominees, a company incorporated in Hong Kong with                        
    limited liability;                                                        
                                                                              
    "Purchaser C"   Great Luck (China) Limited, a company                     
    incorporated in Hong Kong with limited liability;                         
                                                                              
    "Shares"        ordinary shares of HK$0.1 each in the share               
    capital of the Company;                                                   
                                                                              
    "Shareholders"  holders of the Shares;                                    
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong                   
    Limited;                                                                  
                                                                              
    "Vendor A"      Jade Ocean Limited, a wholly owned                        
    subsidiary of the Company, incorporated in Hong Kong                      
    with limited liability;                                                   
                                                                              
    "Vendor B"      Golik Properties Limited, a wholly owned                  
    subsidiary of the Company, incorporated in Hong Kong                      
    with limited liability;                                                   
                                                                              
    "Vendor C"      The Spacers & Bar Chairs Manufacturer                     
    Company Limited, 80% equity interest are indirectly                       
    owned by the Company, incorporated in Hong Kong with                      
    limited liability.                                                        
                                                                              
                                                                              
                                                                              
    By Order of the Board                                                     
    Golik Holdings Limited                                                    
    Pang Tak Chung                                                            
    Chairman                                                                  
                                                                              
    Hong Kong, 1 February 2005