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China Investments Holdings Enters Discloseable Finance Lease

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China Investments Holdings Enters Discloseable Finance Lease

Elevate Your Investing Strategy:

China Investments Holdings Limited ( (HK:0132) ) has provided an announcement.

China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement as a lessor with an independent third-party lessee. The transaction involves the acquisition of assets valued at RMB38,000,000, which will be leased back to the lessee for 12 months. This transaction is classified as a discloseable transaction under the Listing Rules, as one of the applicable percentage ratios exceeds 5% but is less than 25%. The lease terms were determined through arm’s length negotiations, with payments structured in two installments over the lease period.

More about China Investments Holdings Limited

YTD Price Performance: -11.11%

Average Trading Volume: 83,757

Technical Sentiment Signal: Sell

Current Market Cap: HK$547.9M

See more data about 0132 stock on TipRanks’ Stock Analysis page.

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