Redco Properties Pursues Debt Restructuring Amid Ongoing Creditor Negotiations

Reuters
2025/12/31
Redco Properties Pursues Debt Restructuring Amid Ongoing Creditor Negotiations

Redco Properties Group Ltd. has continued negotiations with offshore creditors, including noteholders and banks, to develop and implement a holistic Debt Restructuring Plan aimed at alleviating the Group's liquidity pressures. The company is also actively negotiating repayment schedules and settlement arrangements with contractors for outstanding construction fees, while taking steps to optimize its organizational structure and tighten control over operating costs. Redco will provide quarterly updates on these efforts until the Disclaimer of Opinion is resolved, and advises shareholders and potential investors to exercise caution when dealing in the company's shares.

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-20251231-11972517), on December 31, 2025, and is solely responsible for the information contained therein.

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