Redsun Properties Group Ltd. ( (HK:1996) ) has shared an update.
Redsun Properties Group Limited has announced an extension to the Early RSA Fee Deadline related to its offshore debt restructuring efforts. This extension, now set for March 7, 2025, allows creditors more time to complete internal processes due to the Chinese lunar new year period. The announcement indicates that 55.21% of the creditors have already submitted letters to accede to the restructuring support agreement (RSA), and the company will continue to update stakeholders on the progress of this restructuring.
More about Redsun Properties Group Ltd.
Redsun Properties Group Limited is a company incorporated in the Cayman Islands with limited liability, primarily operating in the real estate sector. The company is listed on the Stock Exchange of Hong Kong Limited and focuses on property development, investment, and management services.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €27.65M
Learn more about 1996 stock on TipRanks’ Stock Analysis page.