Brief: Chu Kong Petroleum and Natural Gas Steel Pipe says unit entered finance lease agreement

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings

21/12/2015 08:51

Dec 21 (Reuters) - Chu Kong Petroleum and Natural Gas Steel Pipe Holdings 
Ltd  1938.HK : 
 
 * Pcksp and pcksp(Zhuhai) entered into the finance lease agreements with the  lessor 
 * Pcksp agreed to sell the equipment to the lessor at a consideration of RMB60  million 
 * Lessor agreed to lease the equipment back to pcksp for an aggregate lease  payment of approximately RMB77.8 million 
 * Says pcksp(Zhuhai) has agreed to guarantee the obligations of pcksp under the  finance lease arrangement 
 
* Source text for Eikon  ID:nHKSThFmN  
 
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