The Volvo Masters of Asia was the final event of the season on golf's Asian Tour until 2008.
It was first played in 2002 and the field was originally restricted to the top 60 players on the Asian Tour's Order of Merit, increasing to 65 in the final year.
In 2006 the prize fund went up to US$650,000 and in 2007 and 2008 to US$750,000. Even though it is not close to being the richest tournament on the Asian Tour, the Volvo Masters of Asia was the tour's designated "Premier Event" for Official World Golf Ranking purposes, with a minimum winner's point allocation set at 20, regardless of the strength of the field. The winner also won a Waterford crystal vase.
| Year | Winner | Country | Score |
|---|---|---|---|
| 2008 | Lam Chih Bing | Singapore | -14 |
| 2007 | Prayad Marksaeng | Thailand | -13 |
| 2006 | Thongchai Jaidee | Thailand | -11 |
| 2005 | Shiv Kapur | India | -20 |
| 2004 | Jyoti Randhawa po | India | |
| 2003 | Thongchai Jaidee | Thailand | |
| 2002 | Kevin Na | South Korea |
Rhandawa won in 2004 after a sudden death play-off against Terry Pilkadaris from Australia. He made a 15ft birdie putt on the second extra hole.