REDCO GROUP transfers assets to REDCO Health to repay debts of 159 million RMB
REDCO GROUP (01622.HK) announced the transfer of assets to its 75%-owned subsidiary REDCO HEALTHY LIVING (02370.HK), including parking spaces, residential units, and retail units, for a total consideration of RMB 159 million, which will be used to offset the group's outstanding refundable deposits and service fees
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