Leader Education Limited (HK:1449) has released an update.
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Leader Education Limited has announced a significant finance lease arrangement involving a sale and leaseback deal with Powchan Financial, valued at RMB30 million with total lease payments amounting to RMB31.8 million. These transactions, involving the Heilongjiang College of Business and Technology, are classified as discloseable under Hong Kong’s listing rules, indicating a crucial step in the company’s financial strategy.
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