Hing Yip Holdings LimitedHKEX: 132

Major transaction entering into finance leases as the lessor

· Issued by Hing Yip Holdings Limited via HKEXnews

Filed with HKEX · Stock code 132 · · 9 pages · English

Summary by 6ix AI

Hing Yip Holdings Limited has announced a major transaction involving finance leases as the lessor through its subsidiary Greengold Leasing. The transaction includes the transfer of ownership of assets from the lessee to Greengold Leasing, which will lease them back for a term of eight years. The company has obtained written approval from a major shareholder, exempting it from convening a general meeting for further approval of the transaction. A circular with more details on the finance leases is expected to be published by the end of November.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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