09:13     BUILD KING HOLD<00240> - Announcement (5)                           

    GENERAL                                                                   
    A circular containing, inter alia, further details of                     
    the Investments together with a letter from the                           
    independent board committee and a letter from the                         
    independent financial adviser in relation to the Road                     
    King Investments and the Possible Disposals, and a                        
    notice convening for the Special General Meeting will                     
    be dispatched to the Shareholders as soon as                              
    practicable.                                                              
                                                                              
    As at the date of this announcement, the Board comprises                  
    two executive directors, namely Mr. Zen Wei Peu, Derek                    
    and Mr. Yu Sai Yen, two non-executive directors, namely                   
    Mr. David Howard Gem and Dr. Cheng Chi Pang, Leslie,                      
    and three independent non-executive directors, namely                     
    Dr. Chow Ming Kuen, Joseph, Mr. Ng Chi Ming, James and                    
    Mr. Ho Tai Wai, David.                                                    
                                                                              
    DEFINITIONS                                                               
    In this announcement, unless the context otherwise                        
    requires, the following terms shall have the following                    
    meanings: -                                                               
                                                                              
    "associate(s)"   has the meaning ascribed thereto in                      
    the Listing Rules;                                                        
                                                                              
    "Board"   the board of Directors;                                         
                                                                              
    "Company"   Build King Holdings Limited, a company                        
    incorporated in Bermuda with limited liability and the                    
    shares of which are listed on the Stock Exchange;                         
                                                                              
    "connected person"   has the meaning ascribed thereto                     
    in the Listing Rules;                                                     
                                                                              
    "controller"   has the meaning ascribed thereto in the                    
    Listing Rules;                                                            
                                                                              
    "Directors"   directors of the Company;                                   
                                                                              
    "Group"   the Company and its subsidiaries;                               
                                                                              
    "Hong Kong"   The Hong Kong Special Administrative                        
    Region of the PRC;                                                        
                                                                              
    "Investments"   the Road King Investments and the                         
    Zhejiang Glass Investments;                                               
                                                                              
    "Listing Rules"   Rules Governing the Listing of                          
    Securities on the Stock Exchange;                                         
                                                                              
    "Possible Disposals"   possible future on-market                          
    disposals of 3,617,000 Road King Shares held by the                       
    Group as at the date of this announcement;                                
                                                                              
    "PRC"   The People's Republic of China;                                   
                                                                              
    "Road King"   Road King Infrastructure Limited, a                         
    company incorporated in Bermuda with limited liability                    
    and the shares of which are listed on the Main Board                      
    of the Stock Exchange (Stock code: 1098);                                 
                                                                              
    "Road King Investments"   the investments by the Group                    
    on the market of an aggregate of 2,065,000 shares in                      
    Road King during the period from 10 May 2004 to 11 April                  
    2005 (both dates inclusive);                                              
                                                                              
    "Road King Shares"   ordinary shares of HK$0.10 each                      
    in the issued share capital of Road King;                                 
                                                                              
    "Share(s)"   ordinary share(s) of HK$0.10 each in the                     
    issued share capital of the Company;                                      
                                                                              
    "Shareholder(s)"   holder(s) of the Share(s);                             
                                                                              
    "Smart Start"   Smart Start Investments Limited, a                        
    company incorporated in Hong Kong with limited                            
    liability and a wholly-owned subsidiary of the Company;                   
                                                                              
    "Special General Meeting"   the special general                           
    meeting of the Company to be held for the purpose of                      
    passing the relevant resolution(s) with respect to the                    
    Possible Disposals;                                                       
                                                                              
    "Stock Exchange"   The Stock Exchange of Hong Kong                        
    Limited;