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Redsun Services Delays Dispatch of Circular on New Services Framework Agreements

Story Highlights
  • Redsun Services has postponed dispatching its shareholder circular on new parking and property management framework agreements.
  • The circular and proxy form, initially due by January 5, 2026, are now expected to be sent by January 30, 2026, delaying shareholder review and approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Redsun Services Delays Dispatch of Circular on New Services Framework Agreements

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The latest announcement is out from Redsun Services Group Ltd ( (HK:1971) ).

Redsun Services Group Limited has announced a delay in sending a shareholder circular that will detail its new Parking Space Sales and Leasing Agency Services Framework Agreement and new Property Management Services Master Framework Agreement. The circular, originally expected to be dispatched on or before January 5, 2026, along with the related proxy form and notice of an extraordinary general meeting, is now expected to be sent on or before January 30, 2026 due to the need for additional time to finalize certain information, potentially pushing back shareholder review and approval timelines for these related-party framework arrangements.

The most recent analyst rating on (HK:1971) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Redsun Services Group Ltd stock, see the HK:1971 Stock Forecast page.

More about Redsun Services Group Ltd

Redsun Services Group Limited is a Hong Kong-listed property services company (Stock Code: 1971) incorporated in the Cayman Islands, providing property management and related services, including parking space sales and leasing agency services, to property owners and developers in mainland China and/or Hong Kong.

Average Trading Volume: 401,270

Technical Sentiment Signal: Sell

Current Market Cap: HK$159.8M

For an in-depth examination of 1971 stock, go to TipRanks’ Overview page.

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