JOINT ANNOUNCEMENT

Proxy Form for use at the Extraordinary General Meeting to be held on 4 July 2007 (or any adjournment thereof)

Very Substantial Disposal and Connected Transactions in relation to the indirect disposal by South China Industries Limited of the remaining 49% equity interest in Praise Rich Limited

NOTICE OF EXTRAORDINARY GENERAL MEETING

JOINT ANNOUNCEMENT

JOINT ANNOUNCEMENT

JOINT ANNOUNCEMENT

GENERAL MANDATES TO ISSUE AND REPURCHASE SHARES, RE-ELECTION OF DIRECTORS, PROPOSED AMENDMENTS TO ARTICLES OF ASSOCIATION AND NOTICE OF ANNUAL GENERAL MEETING