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China Investments Holdings Limited ( (HK:0132) ) has shared an update.
China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement as the lessor with an unnamed lessee. This transaction involves the acquisition and leaseback of assets valued at RMB50,000,000, with a lease term of six years. The agreement is categorized as a discloseable transaction under Hong Kong’s Listing Rules due to its financial magnitude. The consideration for the assets was determined through arm’s length negotiations, and the total lease payments amount to approximately RMB61,163,000, including both principal and interest. This strategic move is expected to leverage internal resources and potentially external banking facilities, reflecting the company’s focus on optimizing its leasing operations.
More about China Investments Holdings Limited
YTD Price Performance: -25.00%
Average Trading Volume: 45,697
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$462.3M
See more insights into 0132 stock on TipRanks’ Stock Analysis page.
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