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China Investments Holdings Enters Major Finance Lease Agreement

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China Investments Holdings Enters Major Finance Lease Agreement

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China Investments Holdings Limited ( (HK:0132) ) just unveiled an announcement.

China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a significant finance lease agreement with an independent third-party lessee. The transaction, valued at RMB110,000,000, involves the acquisition and subsequent leaseback of assets for 80 months. This move is classified as a major transaction under the listing rules, requiring shareholder approval, which has been obtained from Prize Rich Inc., holding a majority of the company’s shares. The transaction is expected to enhance the company’s leasing operations and market positioning.

More about China Investments Holdings Limited

YTD Price Performance: -16.67%

Average Trading Volume: 78,084

Technical Sentiment Signal: Sell

Current Market Cap: HK$530.8M

See more insights into 0132 stock on TipRanks’ Stock Analysis page.

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