China Investments Holdings Limited (HK:0132) has released an update.
China Investments Holdings Limited’s subsidiary, Greengold Leasing, has engaged in a discloseable transaction by entering into a finance lease as the lessor, acquiring assets valued at approximately RMB 53 million from an independent third party. The company will lease these assets back to the third party for three years, with the total lease payments amounting to roughly RMB 63.6 million, reflecting the principal and additional fees. The transaction, financed through internal and/or external means, is significant as it falls between 5% and 25% of the company’s applicable percentage ratios under the Listing Rules.
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