Hing Yip Holdings (00132) entered into a financing lease for certain designated heating equipment and facilities located in Chifeng City.
Grand Asia Holdings (00132) announced that on April 10, 2026, its subsidiary Green Gold Leasing entered into a financial leasing agreement with a lessee for a consideration of RMB 20 million (equivalent to approximately HKD 22.94 million) to transfer ownership of assets to the lessee. The leased assets will be leased back to the lessee for its use and possession for a period of sixty months.
HING YIP HLDGS (00132) announces that on April 10, 2026, its subsidiary Lush Gold Leasing entered into a financing lease with the lessee, for a consideration of RMB 20 million (equivalent to approximately HKD 22.94 million) for the lessee to acquire ownership of certain designated heating equipment and facilities located in Chifeng City, Inner Mongolia Autonomous Region, China. The assets will be leased back to the lessee for their use and occupancy for a period of sixty months.
The financing lease and related documents are part of Lush Gold Leasing's normal and regular business processes, and are expected to provide stable income and cash flow for the group.
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