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Redsun Properties Group Ltd. ( (HK:1996) ) has issued an update.
Redsun Properties Group Limited has announced a delay in sending to shareholders a circular covering its new Parking Space Sales and Leasing Agency Services Framework Agreement and its new Property Management Services Master Framework Agreement. The circular, which will include details of the proposed transactions, an independent board committee letter, financial adviser recommendations and the notice of an extraordinary general meeting, was originally slated for despatch by 5 January 2026 but has now been postponed to on or before 30 January 2026 to allow more time to finalize the information, potentially pushing back shareholder review and approval timelines for the new framework arrangements.
The most recent analyst rating on (HK:1996) stock is a Sell with a HK$0.04 price target. To see the full list of analyst forecasts on Redsun Properties Group Ltd. stock, see the HK:1996 Stock Forecast page.
More about Redsun Properties Group Ltd.
Redsun Properties Group Limited is a Hong Kong-listed property developer incorporated in the Cayman Islands, engaged in real estate-related businesses that include property management and services such as parking space sales and leasing, primarily targeting the Mainland China property market.
YTD Price Performance: 3.03%
Average Trading Volume: 466,833
Technical Sentiment Signal: Sell
Current Market Cap: HK$112.7M
See more data about 1996 stock on TipRanks’ Stock Analysis page.