Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China Investments Holdings Limited ( (HK:0132) ) has issued an announcement.
Hing Yip Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement with independent third-party lessees. The transaction involves acquiring ownership of certain assets for RMB35,000,000, which will be leased back to the lessees for a term of three years. This transaction is considered discloseable under the Listing Rules, as the applicable percentage ratios exceed 5% but are less than 25%. The finance lease will be funded through the company’s internal resources and/or external banking facilities, and the total payments over the lease period will amount to approximately RMB39,450,000.
More about China Investments Holdings Limited
YTD Price Performance: -25.00%
Average Trading Volume: 46,500
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$462.3M
See more insights into 0132 stock on TipRanks’ Stock Analysis page.