Alliance International Education to Buy to Lease Back Logistics Equipment

MT Newswires Live12-17 21:03

A unit of Alliance International Education Leasing (HKG:1563) will buy to lease back certain logistics and quality control equipment from Longkou Antai Logistics for 36.4 million yuan, a Wednesday Hong Kong bourse filing said.

Lessor International Alliance Financial Leasing (Shenzhen) will then lease the assets back to the lessee for 36 months for a total of around 39.5 million yuan.

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