Lianhe Global has assigned ‘BB-’ to Redco Properties Group Ltd.’s proposed CNH sustainable notes

HONG KONG, 28 June 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BB-’ global scale Long-term Issuance Credit Rating to the proposed senior unsecured CNH sustainable notes (“the CNH notes”) to be issued by Redco Properties Group Ltd. (1622.HK) (“Redco”, ‘BB-’/Stable).