China Property Developer & Hong Kong-Listed Redsun Properties Group Received Winding-Up Petition by Bank of New York Mellon as Trustee of Bond for Failing to Repay $228.5 Million Due 2023 September, Chairman & Major Shareholder Zeng Huansha Personal Investment Company Also Received Winding-Up Petition, Redsun Properties Group Share Price Decreased -97% in Last 5 Years with $32 Million Current Market Value

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China Property Developer & Hong Kong-Listed Redsun Properties Group Received Winding-Up Petition by Bank of New York Mellon as Trustee of Bond for Failing to Repay $228.5 Million Due 2023 September, Chairman & Major Shareholder Zeng Huansha Personal Investment Company Also Received Winding-Up Petition, Redsun Properties Group Share Price Decreased -97% in Last 5 Years with $32 Million Current Market Value

17th February 2024 | Hong Kong

China property developer & Hong Kong-listed Redsun Properties Group has received a winding-up petition by Bank of New York Mellon as trustee of bond for failing to repay $228.5 million due 2023 September ($200 million).  Redsun Properties Group Chairman & major shareholder Zeng Huansha personal investment company had also received a winding-up petition.   Redsun Properties Group share price has decreased -97% in last 5 years with $32 million current market value (HKD 257 million). 

“ China Property Developer & Hong Kong-Listed Redsun Properties Group Received Winding-Up Petition by Bank of New York Mellon as Trustee of Bond for Failing to Repay $228.5 Million Due 2023 September, Chairman & Major Shareholder Zeng Huansha Personal Investment Company Also Received Winding-Up Petition, Redsun Properties Group Share Price Decreased -97% in Last 5 Years with $32 Million Current Market Value “

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China Property Developer & Hong Kong-Listed Redsun Properties Group Received Winding-Up Petition by Bank of New York Mellon as Trustee of Bond for Failing to Repay $228.5 Million Due 2023 September, Chairman & Major Shareholder Zeng Huansha Personal Investment Company Also Received Winding-Up Petition, Redsun Properties Group Share Price Decreased -97% in Last 5 Years with $32 Million Current Market Value

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