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China Chengtong Development Group Limited ( (HK:0217) ) has provided an announcement.
China Chengtong Development Group Limited, through its subsidiary Chengtong Financial Leasing, has entered into a Leased Assets Transfer Business Master Agreement with the Lessee to provide leasing services. The agreement is considered a major transaction under the Listing Rules, necessitating Shareholders’ approval due to its significant financial implications. Approval has been secured from the controlling shareholder, eliminating the need for a general meeting, and further details will be provided to Shareholders in a forthcoming circular.
More about China Chengtong Development Group Limited
China Chengtong Development Group Limited operates within the financial leasing industry, primarily providing leasing services through its wholly-owned subsidiary, Chengtong Financial Leasing.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €78.63M
Learn more about 0217 stock on TipRanks’ Stock Analysis page.
