---
title: "Redco Healthy Living Warns of Shareholding Shift as Lender Poised to Take 24% Stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287551492.md"
description: "Redco Healthy Living warns of a potential shift in shareholding as China Billion International plans to acquire 24% of its shares due to Redco Properties' default on a financing facility. This could reduce Redco Properties' stake from 75% to 51%. The board does not expect immediate negative impacts but will monitor the situation closely."
datetime: "2026-05-25T10:41:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287551492.md)
  - [en](https://longbridge.com/en/news/287551492.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287551492.md)
---

# Redco Healthy Living Warns of Shareholding Shift as Lender Poised to Take 24% Stake

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Redco Healthy Living Company Limited ( (HK:2370) ) has provided an announcement.

Redco Healthy Living Company Limited has disclosed a potential change in its shareholding structure after receivers appointed over 75% of its issued shares received no viable commercial offers for the pledged stake. The charged shares secure liabilities owed by controlling shareholder Redco Properties Group Limited, which remains in default under a financing facility.

The company has been informed that China Billion International Limited, the sole lender under the facility, plans to acquire 48 million shares, or 24% of Redco Healthy Living’s issued share capital, for HK$45.12 million via a non-cash set-off against the debt. If completed by 26 May 2026, Redco Properties’ interest will fall from 75% to 51%, and the lender will become a substantial shareholder.

Redco Properties has indicated it lacks the financial resources to repay the relevant amount by the deadline and cannot rule out further disposals of the remaining charged shares, which could lead to deconsolidation of Redco Healthy Living from its accounts. The board of Redco Healthy Living says it cannot yet estimate the precise financial or business impact but does not expect any immediate material negative effect and will continue to monitor developments.

**More about Redco Healthy Living Company Limited**

Redco Healthy Living Company Limited is a Hong Kong-listed company incorporated in the Cayman Islands, with Redco Properties Group Limited as its controlling shareholder. The group operates under a structure where a majority stake has been pledged as security for financing obtained by Redco Properties, exposing its ownership to lender enforcement actions.

**Average Trading Volume:** 317,833

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$306M

For a thorough assessment of 2370 stock, go to TipRanks’ Stock Analysis page.

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