Redsun Properties’ Winding-Up Petition Adjourned

Redsun Properties Group Ltd. (HK:1996) has released an update.

Redsun Properties Group Ltd. has announced that the High Court approved the adjournment of a winding-up petition until March 31, 2025, with the support of Senior Notes holders. The company is working on a consensual restructuring and will continue to update shareholders and investors on significant developments. Caution is advised to the company’s shareholders and potential investors when dealing in the company’s securities.

For further insights into HK:1996 stock, check out TipRanks’ Stock Analysis page.