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1091 — South Manganese Investment News Story

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Brief: Citic Dameng Holdings Announces Finance Lease Arrangment

Dec 22 (Reuters) - Citic Dameng Holdings Ltd  1091.HK : 
    * CDM, A UNIT OF CO, ENTERED INTO FINANCE LEASE AGREEMENT 
WITH 
PING AN FINANCIAL 
    * PING AN FINANCIAL HAS AGREED TO PURCHASE EQUIPMENT FROM 
UNIT OF 
CO AT AN AGGREGATE CONSIDERATION OF RMB157.5 MILLION 
    * PING AN FINANCIAL WILL LEASE EQUIPMENT BACK TO CDM FOR 
AGGREGATE LEASE PAYMENTS TOTALING RMB167.9 MILLION FOR A PERIOD 
OF 36 MONTHS 
 
Source text for Eikon:  ID:nHKS7TjtFQ  
Further company coverage:  1091.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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