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Leader Education Limited ( (HK:1449) ) has issued an update.
Leader Education Limited’s Heilongjiang College of Business and Technology has entered into two major finance lease sale-and-leaseback arrangements, each involving leased assets valued at RMB50 million, with Hengqin Leasing and Qingdao Guosheng respectively. The Hengqin deal carries total lease payments of about RMB55.36 million, while the Guosheng arrangement totals roughly RMB54.45 million, and both transactions are classified as major transactions under Hong Kong listing rules, triggering reporting and circular requirements but no shareholder meeting after written approval was secured from controlling shareholders holding about 74.5% of the company’s issued shares.
The most recent analyst rating on (HK:1449) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Leader Education Limited stock, see the HK:1449 Stock Forecast page.
More about Leader Education Limited
Leader Education Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates Heilongjiang College of Business and Technology, focusing on higher education services in mainland China. The group’s activities center on operating and financing educational assets to support its college’s teaching and campus operations.
Average Trading Volume: 161,176
Technical Sentiment Signal: Sell
Current Market Cap: HK$176.7M
See more data about 1449 stock on TipRanks’ Stock Analysis page.