Leader Education Enters Significant Lease Agreement

Leader Education Limited (HK:1449) has released an update.

Leader Education Limited announced a finance lease agreement with Jiangsu Jinzu for electronic and experimental teaching equipment with a lease term of 12 months. The deal, which is crucial enough to require formal disclosure due to its size, involves assets valued at approximately RMB 25.26 million and will conclude with a transfer of ownership back to Heilongjiang College of Business and Technology for a nominal sale price, pending the fulfilment of several conditions.

For further insights into HK:1449 stock, check out TipRanks’ Stock Analysis page.