RHCO ANNOUNCES
ACQUISITION OF PRIME FRANCE REAL ESTATE FOR MAJOR
RESIDENTIAL DEVELOPMENT
Hilversum,
Netherlands -- March 2, 2021 -- InvestorsHub NewsWire
-- Readen Holding Corp. (OTC
Pink: RHCO), a diversified holding company, today announced
that it has acquired 84 acres of prime real estate alongside the
historic Rhone River in France. The Company plans to develop 690
houses, villa's and apartments for sale and lease. The Rhone River
one of the most significant waterways of Europe and is the only
major river flowing directly to the Mediterranean Sea. The purchase
price for the property was 15 million shares of RHCO's preferred
stock, valued at $2,250,000.
RHCO's proposed development will be a fully
integrated Total Care facility, which will include state of the art
wellness centers, sports and recreational facilities, first class
medical care, all in a thoroughly secured environment. The Company
believes the project has the potential to be extremely profitable
and could realize twice the total
investment.
Richard Klitsie, CEO of RHCO stated, "I believe
this investment fits very well with the Company's plan to create a
solid long term pipeline of real estate investments, alongside the
businesses of fintech, and retail."
RHCO is a diversified holding company, with an
operating history of over 30 years, which seeks opportunities to
acquire and grow businesses that can generate long-term sustainable
free cash flow and attractive returns, in order to maximize value
for all shareholders. RHCO has subsidiaries and liaison offices in
Europe and Asia.
For further information please contact RHCO at
info@readenholdingcorp.com or +852 3950
5911
The RHCO corporate email address is info@readenholdingcorp.com
The RHCO corporate website can be accessed at
www.readenholdingcorp.com
The RHCO Twitter account can be accessed at
https://twitter.com/readenrhco
The OkePay website can be accessed at www.okepay.biz
The READIES website can be accessed at www.readies.biz
This press release contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, which are intended to be covered
by the safe harbors created thereby. Investors are cautioned that,
all forward-looking statements involve risks and uncertainties,
including without limitation, the ability of Readen Holding Corp.
to accomplish its stated plan of business. Readen Holding Corp.
believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, any of the assumptions
could be inaccurate, and therefore, there can be no assurance that
the forward-looking statements included in this press release will
prove to be accurate. In light of the significant uncertainties
inherent in the forward- looking statements included herein, the
inclusion of such information should not be regarded as a
representation by Readen Holding Corp. or any other
person.
Contact
Readen Holding Corp.
info@readenholdingcorp.com
+852 3950 5911
