Leader Education’s Major Finance Lease Agreement

Leader Education Limited (HK:1449) has released an update.

Leader Education Limited, through Heilongjiang College of Business and Technology, has entered into a major finance lease arrangement with Guotai Leasing valued at RMB50 million, involving a sale and leaseback of assets. This transaction, which constitutes a major move according to Hong Kong’s Listing Rules, does not require a shareholders’ meeting for approval due to substantial backing from key shareholders.

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