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Brief: Shougang Concord Grand Group enters lease agreement with Yangtze Express

Aug 24 (Reuters) - Shougang Concord Grand Group Ltd  0730.HK : 
 * Discloseable transaction lease agreement with yangtze express  0730.HK  
 * South China leasing has agreed to lease the equipment to yangtze express 
 * Says south China leasing entered into the lease agreement with Yangtze  Express 
 * Lease agreement is of a principal amount of RMB110 million 
 * Deal for a term of 3 years 
 * Says deal will enable south China leasing to earn a net finance lease income of approximately RMB12 million 
 
 * Source text for Eikon  ID:nHKS1zCtbJ  
 
 * ((Further company coverage:  0730.HK )) 
   ((Bangalore.newsroom@thomsonreuters.com))

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