China Investments Subsidiary Strikes New 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, leasing assets worth approximately HK$21.96 million back to the original owner for a term of 5 years. The deal, involving cash payment and a total lease amount of about HK$26.32 million, was determined through arm’s length negotiations and will utilize internal and external funding sources. Greengold Leasing’s decision to lease the assets was based on their original cost, condition, and negotiable terms, adhering to the Listing Rules requirements.

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