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LEADING HLDGS: 2024 INTERIM REPORT
Leading Holdings to Use Divestment Proceeds to Repay Debt
Leading Holdings (06999.HK) plans to sell 50% equity of Shenzhen Fengsheng Strong Steel Pipe for 0.205 billion yuan.
Leading hldgs (06999.HK) announced on September 12, 2024 that the seller, Rongqi Investment Development Co., Ltd. of Shenzhen, entered into an agreement with the buyers (Zhang Yanping, Hong Yuefeng, Tang Yudi, and Liang Hongyue) on September 12, 2024. Accordingly, the seller agrees to sell and the buyers agree to acquire 50% equity of Shenzhen Fengsheng Strength Steel Pipe Co., Ltd. (a joint venture of the company), for a price of RMB 0.205 billion. The target company is a limited company established in China, mainly engaged in property development. The group mainly engages in the development and sale of residential and commercial properties in China. 2021
Express News | Leading Holdings - Shenzhen Rongqi Investment Development to Sell 50% Stake in Shenzhen Fengsheng Shili Steel Pipe
Express News | Leading Holdings - Deal for RMB205.0 Mln
Express News | Leading Holdings Group Ltd - Disposal of Equity Interests in a Joint Venture
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