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Kangda International Enters Finance Lease Agreement for RMB20 Million

Story Highlights
  • Kangda International focuses on finance leasing for environmental projects in China.
  • The company entered a finance lease agreement for RMB20 million, requiring disclosure under listing rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kangda International Enters Finance Lease Agreement for RMB20 Million

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An announcement from Kangda International Environmental Co Ltd ( (HK:6136) ) is now available.

Kangda International Environmental Co Ltd has entered into a finance lease agreement with a lessor to transfer ownership of certain assets for RMB20,000,000, which will then be leased back to the company for 72 months. This transaction, along with previous similar agreements, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring notification and announcement due to the aggregate transaction value.

More about Kangda International Environmental Co Ltd

Kangda International Environmental Co Ltd operates in the environmental protection industry, focusing on finance leasing for environmental projects in the People’s Republic of China. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 308,672

Technical Sentiment Signal: Buy

Current Market Cap: HK$706.1M

Learn more about 6136 stock on TipRanks’ Stock Analysis page.

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