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Redsun Properties Group Ltd. ( (HK:1996) ) has provided an update.
Redsun Properties Group Ltd. has announced an extension of the deadlines for its Early RSA Fee and Base RSA Fee, allowing creditors more time to complete internal processes related to the restructuring support agreement (RSA). This move aims to facilitate creditor participation in the RSA, potentially stabilizing the company’s financial restructuring efforts.
More about Redsun Properties Group Ltd.
Redsun Properties Group Ltd. is a company incorporated in the Cayman Islands, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and management, primarily in the Chinese market.
YTD Price Performance: -35.38%
Average Trading Volume: 681,270
Technical Sentiment Signal: Sell
Current Market Cap: HK$145.9M
Learn more about 1996 stock on TipRanks’ Stock Analysis page.