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Hainan Meilan Airport’s New Leaseback Deals

Hainan Meilan Airport’s New Leaseback Deals

Hainan Meilan International Airport Company (HK:0357) has released an update.

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Hainan Meilan International Airport Company Limited has announced discloseable transactions involving sale and leaseback agreements with BOCOM Financial Leasing. The company has agreed to sell assets for RMB800 million and then lease them back for a term of 120 months. The transactions are significant enough to warrant disclosure according to the Listing Rules, but do not exceed the 25% threshold that would categorize them as major transactions.

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