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Redsun Properties Further Delays Dispatch of Circular on New Service Framework Agreements

Story Highlights
  • Redsun Properties will delay sending its shareholder circular on new parking and property management framework agreements.
  • The circular and proxy form, initially due by January 30, 2026, are now expected to be dispatched by February 27, 2026 after further information is finalized.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Redsun Properties Further Delays Dispatch of Circular on New Service Framework Agreements

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An update from Redsun Properties Group Ltd. ( (HK:1996) ) is now available.

Redsun Properties Group Limited has announced a further delay in sending a shareholder circular detailing new framework agreements for parking space sales and leasing agency services and for property management services. The circular, which will also include recommendations from an independent board committee and financial adviser and a notice of an extraordinary general meeting, was originally expected by January 30, 2026 but is now scheduled to be dispatched, along with the related proxy form, on or before February 27, 2026 as the company needs additional time to finalize certain information.

The most recent analyst rating on (HK:1996) stock is a Sell with a HK$0.03 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 and operator, incorporated in the Cayman Islands and traded under stock code 1996. The company is engaged in real estate-related services, including property management and parking space sales and leasing agency services, targeting property owners and users within its managed portfolio.

YTD Price Performance: 3.03%

Average Trading Volume: 484,507

Technical Sentiment Signal: Sell

Current Market Cap: HK$102.8M

Find detailed analytics on 1996 stock on TipRanks’ Stock Analysis page.

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