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Leader Education Limited ( (HK:1449) ) has issued an announcement.
Leader Education Limited, through its subsidiary Heilongjiang College of Business and Technology, has entered into a major finance lease arrangement with Haitong Unitrust. This transaction, which involves a sale price of RMB70,000,000, is significant as it exceeds 25% of the company’s applicable ratio, necessitating compliance with specific reporting and approval requirements under Hong Kong’s Listing Rules. The arrangement has been approved by a closely allied group of shareholders, representing approximately 74.50% of the company’s total issued shares, thus eliminating the need for a general shareholders’ meeting.
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: 199,224
Technical Sentiment Signal: Sell
Current Market Cap: HK$166.7M
See more data about 1449 stock on TipRanks’ Stock Analysis page.