Redco Properties Group Limited — Capital/Financing Update 2021

Aug 23, 2021

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

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REDCO PROPERTIES GROUP LIMITED 力高地產集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1622)

VOLUNTARY ANNOUNCEMENT

FULL REDEMPTION OF 8.5% SENIOR NOTES DUE 2021

This announcement is made by Redco Properties Group Limited (the “ Company ”) on a voluntary basis.

Reference is made to the announcement of the Company dated 12 August 2020 in relation to the issue of the 8.5% senior notes due 2021 in the principal amount of US$300 million (the “ Notes ”). The Notes were listed on Singapore Exchange Securities Trading Limited and matured on 19 August 2021.

The board of directors of the Company is pleased to announce that the Company has redeemed the Notes in full in accordance with the terms and conditions of the Notes.

On behalf of the Board Redco Properties Group Limited Wong Yeuk Hung Chairman

Hong Kong, 23 August 2021

As at the date of this announcement, the executive directors of the Company are Mr. Wong Yeuk Hung JP, Mr. Huang Ruoqing and Mr. Tang Chengyong; and the independent non-executive directors of the Company are Mr. Chau On Ta Yuen SBS,BBS, Dr. Tam Kam Kau GBS, SBS, JP and Mr. Yip Tai Him.