Hing Yip Unit Buys Electric Power Equipment, Intelligence Systems Assets for Leaseback

MT Newswires Live

2024/12/24

Hing Yip (HKG:0132) subsidiary Greengold Leasing will purchase power and electricity equipment, as well as intelligent systems assets from Foshan Nanhai Shuixiang Zemu Education Investment for 100 million yuan.

Greengold will subsequently lease back the equipment to Foshan Nanhai Shuixiang Zemu Education Investment for five years, according to a Tuesday filing with the Hong Kong Exchange.

Price (HKD): $0.36, Change: $-0.010, Percent Change: -2.70%

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