Leader Education Limited ( (HK:1449) ) just unveiled an update.
Leader Education Limited has announced a major finance lease arrangement involving Heilongjiang College of Business and Technology and Licheng Financing. The transaction, valued at RMB50,000,000 with total lease payments of RMB55,980,000, is significant as it exceeds 25% of the applicable percentage ratio under the Listing Rules, thus requiring shareholder approval. However, due to the majority shareholding by Shuren Education and Junhua Education, no shareholder meeting will be convened. The company plans to dispatch a circular with transaction details but requires additional time to prepare financial disclosures.
More about Leader Education Limited
YTD Price Performance: -10.71%
Average Trading Volume: 174,177
Technical Sentiment Signal: Buy
Current Market Cap: HK$166.7M
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