China Investments Subsidiary Seals Lease Deal

China Investments Holdings Limited (HK:0132) has released an update.

China Investments Holdings Limited’s subsidiary, Greengold Leasing, has engaged in a discloseable transaction, entering a finance lease as the lessor with an independent third party. The deal, valued at approximately RMB 50 million, transfers the ownership of certain assets to Greengold Leasing, which will then lease them back to the original owner for five years. The finance lease’s total payments amount to roughly RMB 59.4 million, which includes the principal and interest, with payment terms and interest rates negotiated at arm’s length.

For further insights into HK:0132 stock, check out TipRanks’ Stock Analysis page.