Redco Properties Group Limited — Proxy Solicitation & Information Statement 2015

Dec 10, 2015

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.

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REDCO PROPERTIES GROUP LIMITED 力高地產集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1622)

NOTICE OF THE EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the “ EGM ”) of Redco Properties Group Limited (the “ Company ”) will be held at Room 2001-2, Enterprise Square 3, 39 Wang Chiu Road, Kowloon Bay Kowloon, Hong Kong on 25 December 2015 at 9 a.m. for the purpose of considering and, if thought fit, passing, with or without modifications, the following resolutions as an ordinary resolutions of the Company:

ORDINARY RESOLUTIONS

“THAT:

• (i) a subscription agreement dated 2 November 2015 (the “ Subscription Agreement ”) entered into between the Company and Nanchang Municipal Public Real Estate Group Limited (the “ Subscriber ”) (a copy of the Subscription Agreement having been produced to the meeting and marked “A” and initialled by the chairman of the meeting for the purpose of identification) in respect of the subscription of 175,804,661 new shares of HK$0.10 each in the share capital of the Company (the “ Subscription Shares ”) at a subscription price of HK$4.43 per Subscription Share be and is hereby approved, confirmed and ratified;

• (ii) allotment and issue of the Subscription Shares by the Company be and is hereby approved; and

• (iii) any one Director, or any one Director and the company secretary of the Company if the affixation of the common seal of the Company is necessary, be and is hereby authorised for and on behalf of the Company to do all such acts and things and execute all such documents which he considers necessary, desirable or expedient for the purpose of, or in connection with, the implementation of and giving effect to the Subscription Agreement and the transactions contemplated thereunder.”

By Order of the Board Redco Properties Group Limited Huang Ruoqing Executive Director

Hong Kong, 10 December 2015

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Registered Office: Cricket Square, Hutchins Drive PO Box 2681 Grand Cayman KY1-1111 Cayman Islands

Principal place of business in the PRC: 28th Floor, Block B, The Rongchao Tower No. 6003 Yitian Road CBD, Shenzhen People’s Republic of China

Principal place of business in Hong Kong: Room 2001-2, Enterprise Square 3 39 Wang Chiu Road, Kowloon Bay Kowloon, Hong Kong

Notes:

1. A member of the Company entitled to attend and vote at the EGM is entitled to appoint one or more proxies to attend and vote in his stead. A proxy need not be a member of the Company. Completion and submission of the form of proxy will not preclude a member of the Company from attending the EGM and vote in person. In such event, his form of proxy will be deemed to have been revoked.

2. Where there are joint registered holders of any Share, any one of such persons may vote at the EGM, either personally or by proxy, in respect of such Share as if he were solely entitled thereto; but if more than one of such joint holders be present at any meeting personally or by proxy, that one of the said persons so present whose name stands first on the register of members of the Company in respect of such Share shall alone be entitled to vote in respect thereof.

3. In order to be valid, the form of proxy together with the power of attorney or other authority, if any, under which it is signed or a notarially certified copy of such power or authority, shall be deposited at the Company’s branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong not later than 48 hours before the time for holding the EGM or any adjourned meeting (as the case may be).

4. The above resolutions will be put to vote at the EGM by way of poll.

As at the date of this notice, the executive directors of the Company are Mr. Huang Ruoqing, Mr. Tang Chengyong, Mr. Hong Duxuan; and the independent non-executive directors of the Company are Dr. Wong Yau Kar, David BBS, JP, Mr. Chau On Ta Yuen, Mr. Yip Tai Him and Mr. Chow Kwong Fai, Edward, JP. t

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