Brief: Shougang Concord says unit and South China Leasing entered finance lease arrangement
29/06/2016 13:12
June 29 (Reuters) - Shougang Concord Century Holdings Ltd 0103.HK : * Discloseable and connected transaction-finance lease arrangement 0103.HK * Unit Tengzhou Eastern and south China leasing entered into the finance lease arrangement * Purchase consideration for sale and purchase agreement is RMB70 million * Finance lease agreement consideration is approximately RMB78.2 million * co enters SPA and finance lease agreement, whereby Tengzhou Eastern agreed to sell machineries and equipment to South China Leasing * Source text for Eikon ID:nHKS3n8ZWS ((For more news, please click here 0103.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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