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Redsun Services Group Ltd Announces New Agreements for Continued Services

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Redsun Services Group Ltd Announces New Agreements for Continued Services

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Redsun Services Group Ltd ( (HK:1971) ) has issued an announcement.

Redsun Services Group Ltd has announced its intention to enter into new agreements for parking space sales and leasing agency services, and property management services, effective from December 2025. These agreements are a continuation of existing transactions and are categorized as major transactions and continuing connected transactions under Hong Kong’s Listing Rules, requiring independent shareholder approval. The company has appointed an independent financial adviser to ensure the transactions are fair and in the best interest of shareholders.

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 Ltd is a company incorporated in the Cayman Islands, focusing on property management and related services. The company is involved in parking space sales and leasing, as well as property management services, primarily serving the real estate sector.

Average Trading Volume: 462,675

Technical Sentiment Signal: Sell

Current Market Cap: HK$166M

See more insights into 1971 stock on TipRanks’ Stock Analysis page.

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