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China Investments Holdings Limited ( (HK:0132) ) has shared an announcement.
China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement with an independent third-party lessee. The agreement involves Greengold Leasing acquiring ownership of certain assets from the lessee for RMB10,000,000, which will be leased back to the lessee for a five-year term. This transaction is classified as a discloseable transaction under the Listing Rules due to its aggregate percentage ratios exceeding 5% but remaining below 25%. The finance lease arrangement is expected to impact the company’s financial operations by utilizing internal and external resources to fund the asset acquisition.
More about China Investments Holdings Limited
Average Trading Volume: 120,411
Technical Sentiment Signal: Sell
Current Market Cap: HK$462.3M
Learn more about 0132 stock on TipRanks’ Stock Analysis page.