Kangda International Unit Sells to Lease Back Assets to Hing Yip Subsidiary
MT Newswires Live
Oct 16
A unit of water infrastructure builder Kangda International Environmental (HKG:6136) will sell to lease back certain assets to Hing Yip (HKG:0132) unit Canton Greengold Financial Leasing for 50 million yuan, a Thursday Hong Kong bourse filing said
The assets, comprising sewage treatment equipment and facilities, will then be leased back to lessee Weifang Kangda Environmental Protection Water, for 72 months.
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