SPT Energy Units Seal Finance Lease Deals

MT Newswires Live12-24

SPT Energy's (HKG:1251) four subsidiaries signed two finance lease deals for the sale of oil and gas field operation equipment and tools in Tianjin for leaseback, according to a Monday filing with the Hong Kong Exchange.

Sinopetroleum Technology, Shaanxi Huayou Energy Technology Services, and Pioneer Sinopetroleum Equipment sold their equipment to Haier Financial Services for 7.8 million yuan. Haier Financial Services will lease back the equipment to the lessees for 24 months, the filing said.

North Resource will sell its equipment in Tianjin to Haier Financial for 3 million yuan. Haier will lease back the assets to North Resource for 24 months, the filing said.

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