China Glass Holdings Limited (HK:3300) has released an update.
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China Glass Holdings Limited has announced a finance lease arrangement with Weihai CNG, involving the sale and leaseback of assets worth RMB150 million. Weihai CNG will lease these assets back for 24 months, with total payments of approximately RMB157.4 million. This transaction is significant as it exceeds certain financial thresholds, necessitating disclosure under stock exchange rules.
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