Central Holding Group Reclassifies Lease Deals

Central Holding Group Co. Ltd. (HK:1735) has released an update.

Central New Energy Holding Group Limited has clarified that its previously announced equipment lease transactions are now classified as discloseable rather than major, subject to less stringent reporting requirements. The company also entered into a fourth equipment lease agreement, which, when combined with previous agreements, constitutes a major transaction requiring shareholder approval. Despite this, shareholder approval has been preemptively secured from a majority stakeholder, eliminating the need for a general meeting.

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