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Alliance International Announces Disclosable Finance Lease Agreement

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Alliance International Announces Disclosable Finance Lease Agreement

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International Alliance Financial Leasing Co., Ltd. ( (HK:1563) ) just unveiled an announcement.

Alliance International Education Leasing Holdings Limited, incorporated in the Cayman Islands, has announced a finance lease agreement involving a subsidiary of the company as the lessor. The agreement entails the purchase of leased assets from an independent third-party lessee for RMB50,000,000, with a subsequent leaseback arrangement for a term of three years at a total lease amount of approximately RMB55,506,000. This transaction is classified as a disclosable transaction under Chapter 14 of the Listing Rules, requiring notification and announcement due to the applicable percentage ratios.

More about International Alliance Financial Leasing Co., Ltd.

Average Trading Volume: 1,282,098

Technical Sentiment Signal: Sell

Current Market Cap: HK$360.2M

For a thorough assessment of 1563 stock, go to TipRanks’ Stock Analysis page.

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