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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.