REDCO HEALTHY (02370) has issued an announcement concerning the proposed enforcement of a guarantee and the acquisition of 48 million ordinary shares in the company by Zhongwan International Limited, a lender to REDCO Property Holdings Limited. These shares represent 24% of the company's issued share capital, with a transaction value of HK$45.12 million.

On July 3, 2026, after market hours, the company received correspondence from the receivers informing it that the sale was completed on July 2, 2026. The target shares have been transferred with a total valuation of HK$45.12 million. This amount excludes all stamp duties, agency fees, transaction costs, legal fees, receiver fees and expenses, and any other third-party costs and expenses arising from the sale and the enforcement of the guarantee over the target shares.

Consequently, effective from July 2, 2026, following the completion of the sale by the lender and receivers, the equity interest of REDCO Property Holdings in the company has been reduced from 75% to 51%. The remaining 51% of the company's issued shares have been received and are held by the receivers.