tiprankstipranks
Trending News
More News >

Leader Education Secures Major Finance Lease Arrangement with Jiangsu Jinzu

Story Highlights

Protect Your Portfolio Against Market Uncertainty

The latest announcement is out from Leader Education Limited ( (HK:1449) ).

Leader Education Limited, through its subsidiary Heilongjiang College of Business and Technology, has entered into a major finance lease arrangement with Jiangsu Jinzu. The transaction involves a transfer price of RMB30,000,000 and total lease payments of RMB33,487,328. This arrangement, when combined with a previous transaction with the same party, constitutes a major transaction under the Hong Kong Stock Exchange’s Listing Rules, requiring shareholder approval. However, the company has already secured written approval from its major shareholders, negating the need for a general meeting.

More about Leader Education Limited

Average Trading Volume: 343,652

Technical Sentiment Signal: Sell

Current Market Cap: HK$170M

See more insights into 1449 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App