Redco Properties Sells 25% Asset Stake to Settle Liabilities

Reuters01-16
Redco Properties Sells 25% Asset Stake to Settle Liabilities

Redco Properties Group Ltd. has announced the disposal of certain assets to Redco Healthy Group as part of a restructuring to settle outstanding liabilities. The transaction involves a net disposal of approximately 25% interest in the assets and is classified as a disclosable transaction under Hong Kong Stock Exchange rules. The move aims to address liquidity issues amid a downturn in the Chinese property market and is expected to help refine Redco Properties’ inventory structure and enhance asset value through Redco Healthy Group’s management expertise.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redco Properties Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260116-11993895), on January 16, 2026, and is solely responsible for the information contained therein.

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