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An update from Leader Education Limited ( (HK:1449) ) is now available.
Leader Education Limited has announced a finance lease arrangement involving Heilongjiang College of Business and Technology and Haier. The transaction involves a sale and leaseback agreement for assets valued at RMB30,000,000 with total lease payments amounting to RMB32,920,100. This arrangement is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules, necessitating reporting and announcement requirements. The deal, when combined with a previous similar transaction with Haier, constitutes a major transaction for the company, although it does not require reclassification due to compliance with existing rules.
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
Average Trading Volume: 488,181
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$166.7M
For an in-depth examination of 1449 stock, go to TipRanks’ Overview page.