ZGC Sci-Tech Leasing to Buy CHP Assets to Lease Back; Shares Slide 5%
MT Newswires Live
Sep 29
Zhongguancun Science-Tech Leasing (HKG:1601) said it will purchase two combined heat and power (CHP) units for nearly 120 million yuan, according to a Monday bourse filing.
Both assets will be leased to Inner Mongolia Beitongyuan New Energy Technology for five years for more than 133 million yuan, the filing said.
Shares were last down 5% in Tuesday afternoon trading.
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