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The latest announcement is out from China Investments Holdings Limited ( (HK:0132) ).
China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a major finance lease transaction as the lessor, acquiring assets from a lessee for RMB20 million, which will be leased back to the lessee for six years. This transaction, which exceeds 25% of the applicable percentage ratios under the Listing Rules, has been approved by the majority shareholder, allowing the company to bypass a general meeting. The lease is expected to enhance the company’s financial operations and market positioning.
More about China Investments Holdings Limited
Average Trading Volume: 97,357
Technical Sentiment Signal: Sell
Current Market Cap: HK$462.3M
For an in-depth examination of 0132 stock, go to TipRanks’ Overview page.