If you are in any doubt as to any aspect of this circular or as to the action you should take, you should consult your licensed securities dealer or registered institution in securities, bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in Beijing Properties (Holdings) Limited (the "Company"), you should at once hand this circular and the accompanying form of proxy to the purchaser(s) or the transferee(s) or to the bank manager, licensed securities dealer or registered institution in securities or other agent through whom the sale or transfer was effected for transmission to the purchaser(s) or the transferee(s).

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

BEIJING PROPERTIES (HOLDINGS) LIMITED

北京建 設（ 控股 ）有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 925) MAJOR TRANSACTION IN RELATION TO PROVISION OF GUARANTEE

A letter from the Board is set out on pages 6 to 11 of this circular.

The Company has obtained written Shareholders' approval for the Second Guarantee Agreement and the transactions contemplated thereunder pursuant to Rule 14.44 of the Listing Rules from the Relevant Shareholders who form a closely allied group of Shareholders and together hold more than 50% of the voting rights to attend and vote at a general meeting to approve the Second Guarantee Agreement and the transactions contemplated thereunder. Accordingly, no Shareholders' meeting will be held to approve the Second Guarantee Agreement and the transactions contemplated thereunder pursuant to Rule 14.44 of the Listing Rules. This circular is being despatched to the Shareholders for information only.

1 December 2017

Page

Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Letter from the Board . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Appendix I - Financial Information of the Group 12 Appendix II - General Information 16

In this circular, the following expressions have the following meanings unless the context requires otherwise:

"Bank" United Overseas Bank (China) Limited

"Board" the board of Directors

"BEGREC" Beijing Enterprises Real-Estate Group Limited*（北京 北控置業集團有限公司）(formerly known as "Beijing Enterprises Group Real-Estate Co., Ltd*（ 北京北控置業 有限責任公司）"), a company established in the PRC with limited liability and is a wholly owned subsidiary of BE Group

"BE Group" Beijing Enterprises Group Company Limited*（ 北京北控 集團有限公司）, a company established in the PRC with limited liability

"BEREHK" Beijing Enterprises Real Estate (HK) Limited, a company incorporated in the British Virgin Islands with limited liability

"Brilliant Bright" Brilliant Bright Holdings Limited, a company incorporated in the British Virgin Islands with limited liability and a wholly owned subsidiary of BEREHK

"Changshu Land Project" the development of an industrial project comprising single

storey factories with an estimated total gross floor area of 174,621 square metres

"CIPG" China Industrial Properties (Group) Limited, a company incorporated in the British Virgin Islands with limited liability

"CIPL" China Industrial Properties (Holdings) Limited, a company incorporated in the British Virgin Islands and an indirect wholly owned subsidiary of the Company

"Company" Beijing Properties (Holdings) Limited, a company incorporated in Bermuda with limited liability, the issued shares of which are listed on the Main Board of the Stock Exchange (stock code: 925)

"Director(s)" the director(s) of the Company

"Facility Agreement" the loan facility agreement dated 25 October 2016 (as

amended and supplemented on 11 July 2017) entered into between WFOE 1 and the Bank in relation to the Loan

"Group" the Company and its subsidiaries

"Guarantee Agreement" the guarantee agreement dated 28 July 2017 entered into by

the Company in favour of the Bank in respect of the Loan

"HK$" Hong Kong dollars, the lawful currency of Hong Kong

"Hong Kong" the Hong Kong Special Administrative Region of the PRC

"JV Agreement" the agreement dated 15 November 2016 entered into by CIPL and the JV Partner in relation to the investment in the JV Companies for the purpose of development of land parcels in China with the estimated aggregate maximum contribution by CIPL, as capital or Loan, amounting to RMB445,858,305

"JV Company 1" SSinolog (Taicang) III Pte Ltd., a limited liability company incorporated under the laws of Singapore

"JV Company 2" SSinolog (Changshu) I Pte Ltd., a limited liability company incorporated under the laws of Singapore

"JV Company 3" SSinolog (Jiaxing) I Pte Ltd., a limited liability company incorporated under the laws of Singapore

Beijing Properties (Holdings) Limited published this content on 30 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 November 2017 09:11:10 UTC.

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