Leader Education Secures Major Finance Lease Agreement with Shanghai Guojin

Leader Education Limited ( (HK:1449) ) has issued an announcement.

Leader Education Limited has announced a major finance lease arrangement involving Heilongjiang College of Business and Technology and Shanghai Guojin. The agreement, valued at RMB50 million with a lease payment totaling RMB54.525 million, covers assets such as air conditioners and generators. This transaction, classified as a major transaction under Hong Kong’s Listing Rules, received approval from the majority shareholders, exempting the need for a general meeting. The company plans to dispatch a detailed circular about the arrangement and is seeking a waiver for additional time to prepare required financial disclosures.

More about Leader Education Limited

Leader Education Limited operates in the education industry, primarily focusing on providing educational services through its affiliated institutions such as Heilongjiang College of Business and Technology.

YTD Price Performance: -8.93%

Average Trading Volume: 74,697

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$170M

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