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    1622   KYG733101318

REDCO PROPERTIES GROUP LIMITED

(1622)
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Redco Properties Group Limited Announces Change of Company Secretary and Authorized Representative

07/06/2021 | 10:36am EDT

The board of directors of Redco Properties Group Limited announced that Mr. Chan Hing Chau ("Mr. Chan") has tendered his resignation as the company secretary of the Company (the "Company Secretary") and an authorized representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), with effect from 6 July 2021. Mr. Chan confirmed that he has no disagreement with the Board and there are no other matters that needs to be brought to the attention of the shareholders of the Company and the Stock Exchange in connection with his resignation. The Board announced that Ms. Wong Sze Man ("Ms. Wong") has been appointed as the Company Secretary and an Authorized Representative with effect from 6 July 2021. Ms. Wong has nearly 13 years of experience in a major accountancy firm including 8 years of management experience, responsible for overseeing multiple clients ranging from private groups, multinational companies to listed companies. She has extensive experience in initial public offerings and acquisitions.


ę S&P Capital IQ 2021
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Financials
Sales 2021 19 061 M 2 952 M 2 952 M
Net income 2021 2 149 M 333 M 333 M
Net Debt 2021 - - -
P/E ratio 2021 3,42x
Yield 2021 -
Capitalization 7 247 M 1 122 M 1 123 M
Capi. / Sales 2021 0,38x
Capi. / Sales 2022 0,29x
Nbr of Employees 3 780
Free-Float 22,7%
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Technical analysis trends REDCO PROPERTIES GROUP LIMITED
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 2,46 HKD
Average target price 3,17 HKD
Spread / Average Target 28,9%
EPS Revisions
Managers and Directors
Ruo Qing Huang President & Executive Director
Yeuk Hung Wong Chairman
On Ta Yuen Chau Independent Non-Executive Director
Tai Him Yip Independent Non-Executive Director
Kam Kau Tam Independent Non-Executive Director