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BRIEF-Gcl Newenergy Holdings entered into transaction agreement with Cinda financial leasing
December 7, 2016 / 3:14 PM / a year ago

BRIEF-Gcl Newenergy Holdings entered into transaction agreement with Cinda financial leasing

Dec 7 (Reuters) - Gcl Newenergy Holdings Ltd :

* Cinda financial leasing shall purchase shanggao leased assets at a consideration rmb120 million

* Pursuant to shanggao finance lease agreements, group agreed to pay cinda financial leasing a finance lease service fee of rmb5.8 million

* Pursuant to meng finance lease agreements, group agreed to pay cinda financial leasing a finance lease service fee of rmb8.6 million

* Group entered into shanggao finance lease agreements, pursuant to which cinda financial leasing shall purchase from unit shanggao leased assets

* Cinda financial leasing shall purchase meng leased assets at a consideration of rmb180 million

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