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Hing Yip Holdings Subsidiary Enters Major Finance Lease Agreement

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Hing Yip Holdings Subsidiary Enters Major Finance Lease Agreement

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

Greengold Leasing, a subsidiary of Hing Yip Holdings Limited, has entered into finance leases with a lessee to acquire ownership of certain assets for RMB130 million, which will be leased back to the lessee for eight years. This transaction, considered a major one under the Listing Rules, does not require a general meeting for approval due to written consent from a major shareholder, and it will be funded through internal resources and/or external banking facilities.

More about China Investments Holdings Limited

Average Trading Volume: 125,613

Technical Sentiment Signal: Sell

Current Market Cap: HK$479.5M

Learn more about 0132 stock on TipRanks’ Stock Analysis page.

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