[ET Net News Agency, 9 January 2020] Applied Development Holdings Limited (00519) said
its subsidiary Dragon Bell has sold 3.9 million and 9.1 million shares of Redsun
Properties (01996) to Fortune Elite and Success Holdings, respectively at the price of
HK$2.3 per sale share for an aggregate gross sale proceeds of HK$29.9 million.
Following the disposal, the group holds approximately 1.90% of the total issued share
capital of Redsun Properties. (RC)