Redsun Properties Group Limited has provided an update on its plan to sell equity interests in certain project development companies, along with certain parking spaces, to Redsun Services Group Limited. The company reported that shareholder approval for the sale was obtained at an extraordinary general meeting on 21 May 2025 and that it is in the process of finalizing the transfer arrangements in accordance with the agreed terms. Further details are available in announcements dated 17 February and 21 May 2025, as well as the circular issued on 30 April 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redsun Properties Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11972526), on December 31, 2025, and is solely responsible for the information contained therein.