-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 B+iLc7gvw+oo+MihH/pBqxtyzNGI2OhlJlGOcAbGPogo7rwcaLExl0DSQURQIj3w
 ZeU6LyFjzWgyj8A8petkFw==

<SEC-DOCUMENT>0001137760-03-000052.txt : 20030903
<SEC-HEADER>0001137760-03-000052.hdr.sgml : 20030903
<ACCEPTANCE-DATETIME>20030903112920
ACCESSION NUMBER:		0001137760-03-000052
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030630
FILED AS OF DATE:		20030903

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SGD HOLDINGS LTD
		CENTRAL INDEX KEY:			0001106836
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-JEWELRY, WATCHES, PRECIOUS STONES & METALS [5094]
		IRS NUMBER:				731344983
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	BUSINESS ADDRESS:	
		STREET 1:		111 RHODES STREET
		STREET 2:		-
		CITY:			CONROE
		STATE:			TX
		ZIP:			77301
		BUSINESS PHONE:		9367566888

	MAIL ADDRESS:	
		STREET 1:		111 RHODES STREET
		STREET 2:		-
		CITY:			CONROE
		STATE:			TX
		ZIP:			77301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GOLDONLINE INTERNATIONAL INC
		DATE OF NAME CHANGE:	20000428

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BENTON VENTURES INC
		DATE OF NAME CHANGE:	20000214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOROWITZ MITCH
		CENTRAL INDEX KEY:			0001261280

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-29671
		FILM NUMBER:		03877888

	MAIL ADDRESS:	
		STREET 1:		2733 PRESTONWOOD DR
		CITY:			PLANO
		STATE:			TX
		ZIP:			75180
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>hor_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>5</documentType>
   <periodOfReport>2003-06-30</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>0</form4TransactionsReported>

    <issuer>
        <issuerCik>0001106836</issuerCik>
        <issuerName>SGD HOLDINGS LTD</issuerName>
        <issuerTradingSymbol>SGDD</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001261280</rptOwnerCik>
            <rptOwnerName>HOROWITZ MITCH</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2733 PRESTONWOOD DR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PLANO</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75180</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
      </reportingOwnerRelationship>
   </reportingOwner>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Common Stock Option</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>1.00</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2001-05-31</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>5</transactionFormType>
         <transactionCode>D</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>100000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>1.00</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2001-05-31</value>
      </exerciseDate>
      <expirationDate>
         <value>2004-05-31</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>100000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>0</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <ownerSignature>
      <signatureName>/s/ Mitch Horowitz</signatureName>
      <signatureDate>2004-09-03</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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