Hengqin Jintou International Financial Leasing Affiliate Sells to Lease Back Assets

MT Newswires Live
12 Nov 2024

Leader Education (HKG:1449) affiliate Heilongjiang College of Business and Technology will sell to lease back certain assets to Hengqin Jintou International Financial Leasing for 30 million yuan, a Monday bourse filing said.

The assets, comprising networking devices, computer equipment, laboratory instruments and multimedia tools, among other things, will be leased back to Heilongjiang College of Business and Technology for for 36 months for nearly 34 million yuan.

Shares of the higher education services provider were up nearly 6% in recent trade.

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