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Redco Healthy Living's Hong Kong IPO Stabilization Period Ends with No Overallotment

MT Newswires ·  {{timeTz}}

01:25 AM EDT, 04/25/2022 (MT Newswires) -- Redco Healthy Living (HKG:2370) said no overallotment option was exercised in its Hong Kong listing and the stabilization period of its initial public offering ended yesterday, April 24.

The Shenzhen-headquartered property manager, which was spun off from Redco Properties Group (HKG:1622), said its public float continues to comply with the 25% minimum requirement of the Hong Kong bourse, according to a Monday disclosure.

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