tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Redsun Services Further Delays Despatch of Circular on New Service Frameworks

Story Highlights
  • Redsun Services will delay sending its circular on new parking and property management frameworks.
  • The circular and proxy form are now expected by February 27, 2026, extending the timeline for shareholder review.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Redsun Services Further Delays Despatch of Circular on New Service Frameworks

Claim 50% Off TipRanks Premium

An announcement from Redsun Services Group Ltd ( (HK:1971) ) is now available.

Redsun Services Group Limited has announced a further postponement in sending to shareholders a circular detailing its new parking space sales and leasing agency services framework agreement and its new property management services master framework agreement. The company said it needs additional time to finalize information to be included in the document, and now expects to dispatch the circular and related proxy form by February 27, 2026, pushing back the timetable for shareholders’ review and approval at an extraordinary general meeting.

The most recent analyst rating on (HK:1971) stock is a Sell with a HK$0.34 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 incorporated in the Cayman Islands, primarily engaged in providing property management and related services, including parking space sales and leasing agency services, to property owners and developers in Mainland China.

Average Trading Volume: 77,537

Technical Sentiment Signal: Sell

Current Market Cap: HK$145.2M

For a thorough assessment of 1971 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1