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Kangda International Announces Discloseable Finance Lease Transaction

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Kangda International Announces Discloseable Finance Lease Transaction

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Kangda International Environmental Co Ltd ( (HK:6136) ) has issued an update.

Kangda International Environmental Co Ltd has entered into a finance lease agreement involving the transfer and leaseback of assets valued at RMB50,000,000. This agreement, along with a similar previous transaction, constitutes a discloseable transaction under Hong Kong’s Listing Rules. The deal reflects strategic financial maneuvering aimed at optimizing the company’s asset management while maintaining operational continuity.

More about Kangda International Environmental Co Ltd

Kangda International Environmental Co Ltd operates in the environmental protection industry, focusing on projects primarily within the People’s Republic of China. The company engages in finance leasing, offering solutions for environmental projects, and is a subsidiary of Hing Yip Holdings, a publicly listed company in Bermuda.

YTD Price Performance: -3.33%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €76.62M

For a thorough assessment of 6136 stock, go to TipRanks’ Stock Analysis page.

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