Alliance International Unit Enters Sale-Leaseback Contract as Lessor

MT Newswires Live09-24

Alliance International Education Leasing (HKG:1563) unit agreed to buy to lease back certain assets from Longkou Antai Paper & Plastic Packaging for 23.7 million yuan, a Thursday bourse filing showed.

The lessor will then lease the assets, comprising carton production line and printing equipment, back to the lessee for three years for a total lease amount of around 25.8 million yuan.

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