The board of Redsun Properties Group Limited approved payment of a final dividend of HKD 0.107 per share, the final dividend is expected be paid in cash on or about July 26, 2019 to the share holders on the register of members of the company on June 26, 2019. For the purpose of ascertaining the Shareholders' entitlement to the proposed 2018 Annual Dividend, the register of members of the company will be closed from 27 June 2019 to 3 July 2019, both days inclusive.

The company also announced that Mr. Zhang Hongwu did not offer himself for re-election at the Annual General Meeting and has retired as a non-executive Director by rotation pursuant to the Articles of Association with effect from the conclusion of the Annual General Meeting held on May 21, 2019. Following his retirement, Mr. Zhang has also ceased to be a member of the audit committee and nomination committee of the Board.