Brief: Baoxin Auto Group says unit and All Trust Leasing enters sale and leaseback framework agreement
24/01/2017 09:33
Jan 24 (Reuters) - Baoxin Auto Group Ltd 1293.HK
* Unit entered into sale and leaseback framework agreement
* Pursuant to sale and leaseback framework agreement, all
trust leasing shall sell to dingxin leasing vehicles owned by
all trust leasing
* Agreement's sale price will be funded by dingxin leasing's
internal resources and its bank loans
* Unit Dingxin Leasing, and All Trust Leasing, an indirect
unit of cga, entered into sale and leaseback framework agreement
Source text for Eikon: ID:nHKS5V2Bhs
Further company coverage: 1293.HK
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