Incredible Holdings Ltd. (Catalist:RDR) acquired 15% stake of New Genesis Development Limited from Tam Ki Ying for HKD 18 million on April 6, 2022. The agreed consideration of HKD 18 million is payable in the form of non-interest bearing promissory note and the maturity date of the promissory note is 7 April 2024.

Incredible Holdings Ltd. (Catalist:RDR) completed the acquisition of 15% stake of New Genesis Development Limited from Tam Ki Ying on April 6, 2022.