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The latest update is out from Redsun Properties Group Ltd. ( (HK:1996) ).
Redsun Properties Group Limited has further adjusted the timetable of its offshore debt restructuring, signing an amendment agreement with a majority of its initial consenting creditors to push back the longstop date of its restructuring support agreement to 30 December 2026. The company has also extended both the Early RSA Fee Deadline to 30 January 2026 and the Base RSA Fee Deadline to 13 February 2026 to give additional time for remaining holders of its existing debt to complete internal processes and accede to the restructuring deal, a move aimed at broadening creditor participation and stabilising its capital structure amid ongoing financial workouts.
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, operating through subsidiaries under the Redsun brand. The group is primarily engaged in real estate development and related businesses, with its funding structure including various existing debt securities held by international creditors.
YTD Price Performance: -43.08%
Average Trading Volume: 352,026
Technical Sentiment Signal: Sell
Current Market Cap: HK$122.7M
For detailed information about 1996 stock, go to TipRanks’ Stock Analysis page.