China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.
China Development Bank Financial Leasing Co. Ltd. has entered into a finance lease agreement with four different lessees for leasing four LNG vessels, with a total consideration not exceeding US$477,500,000 and a lease period ranging from 60 to 120 months. This transaction is classified as discloseable under Chapter 14 of the Listing Rules and does not require shareholder approval. The lessees, all engaged in the operation of LNG vessels, are independent third parties with no connections to the company.
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