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China Glass Holdings Unveils New Finance Lease Deal
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China Glass Holdings Unveils New Finance Lease Deal

China Glass Holdings Limited (HK:3300) has released an update.

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China Glass Holdings Limited has announced a finance lease arrangement with Jiangsu SHD, where the lessor will purchase leased assets for RMB60 million and lease them back to Jiangsu SHD for 18 months with payments totaling approximately RMB63.5 million. This transaction, combined with a previous arrangement, is classified as a discloseable transaction under the Hong Kong Listing Rules, requiring notification and announcement without shareholder approval.

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