Styland Holdings Limited — Proxy Solicitation & Information Statement 2005

Sep 20, 2005

TAK SING ALLIANCE HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 126)

NOTICE OF SPECIAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that a special general meeting (the “ SGM ”) of Tak Sing Alliance Holdings Limited (the “ Company ”) will be held at 26th Floor, Phase II, Wyler Centre, 200 Tai Lin Pai Road, Kwai Chung, New Territories, Hong Kong on Monday, 10 October 2005 at 11:00 a.m. for the purpose of considering and, if thought fit, passing, with or without modifications, the following ordinary resolution:

ORDINARY RESOLUTION

“ THAT conditional upon the Listing Committee of The Stock Exchange of Hong Kong Limited granting approval of the listing of, and permission to deal in, any shares of the Company (the “ Shares ”) which may be issued pursuant to the exercise of the options to be granted under the new share option scheme (the “New Share Option Scheme” ), the New Share Option Scheme be and is hereby approved and adopted, and the directors of the Company (the “Directors” ) be and are hereby authorized to grant options to subscribe for the Shares thereunder and to allot and issue Shares pursuant to the exercise of any options which may be granted under the New Share Option Scheme, and that the Directors be and are hereby authorized to do such things and acts as the Directors consider necessary and appropriate to effect the same.”

Yours faithfully,

By Order of the Board

Tak Sing Alliance Holdings Limited

Ma Kai Cheung

Chairman

Hong Kong, 21 September 2005

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Principal place of business: 26th Floor, Phase II Wyler Centre 200 Tai Lin Pai Road Kwai Chung, New Territories Hong Kong

Notes:

1. A member of the Company entitled to attend and vote at the SGM is entitled to appoint another person as his proxy to attend and vote in his stead. A member who is the holder of two or more Shares may appoint more than one proxy to represent him and vote on his behalf at the SGM. A proxy need not be a member of the Company.

2. In order to be valid, the form of proxy must be deposited at the Company’s branch share registrars, Tengis Limited, Ground Floor, Bank of East Asia Harbour View Centre, 56 Gloucester Road, Wanchai, Hong Kong, together with the power or attorney or other authority (if any) under which it is signed or certified copy of such power of attorney or authority, not later than 48 hours before the time appointed for holding the SGM or any adjournment thereof.

3. Where there are joint holders of any Share, any one of such persons may vote at the SGM 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 the SGM personally or by proxy, the vote of the senior who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of the other joint holders, and for this purpose seniority shall be determined by the order in which the names stand in the register of members of the Company in respect of such joint holding.

As at the date of this announcement, Executive directors of the Company are Messrs. Ma Kai Cheung, Ma Kai Yum and Ng Yan Kwong. Non-Executive Director is Mr. Yip Hing Chung. Independent Non-Executive Directors are Messrs. Lo Ming Chi Charles, Yau Wing Keung and Lo Man Kit Sam.

Please also refer to the published version of this announcement in The Standard.

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