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8348 Tianjin Binhai Teda Logistics (Group) News Story

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Brief: Tianjin Binhai Teda Logistics Group says unit enters into Finance Lease Arrangement with Haileng Leasing

July 29 (Reuters) - Tianjin Binhai Teda Logistics Group Corp Ltd  8348.HK : 
 * Discloseable transaction finance lease arrangement  8348.HK  
 * Teda hang agreed to sell the leased assets to haileng leasing at a total 
   consideration of RMB37.5 million 
 * Teda hang agreed to lease back the leased assets from haileng leasing for a 
   term of three years 
 * Unit entered into the finance lease arrangement with haileng leasing 
 * Says aggregate lease consideration payable under the finance lease agreement 
   shall be RMB42 million 
 
 * Source text for Eikon  ID:nHKS3WVklf  
 
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