Hing Yip Unit Enters Sale-Leaseback Agreement

MT Newswires Live
Oct 14

Hing Yip (HKG:0132) unit Canton Greengold Financial Leasing agreed to buy to lease back certain assets from Hongan Yintaida Water for 30 million yuan, a Wednesday bourse filing showed.

The assets, comprising designated sewage treatment equipment and facilities in Hubei Province, China, will then be leased back to the lessee for six years for a total lease payment of a little over 36.9 million yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10