Redsun Properties Extends Fee Deadlines Under Restructuring Contract

MT Newswires Live

05/02

Redsun Properties Group (HKG:1996) further extended the early fee deadline for a restructuring support agreement (RSA) to May 16 from May 2 previously, a Friday Hong Kong bourse filing said.

The base RSA fee deadline has also been extended to May 30 from May 2, according to the property firm.

The postponement comes about to give creditors additional time to complete internal processes of acceding to the RSA.

Price (HKD): $0.06, Change: $-0.0010, Percent Change: -1.72%

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