ContractSales and Leaseback Agreement • March 26th, 2021
Contract Type FiledMarch 26th, 2021Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
ContractSales and Leaseback Agreement • December 22nd, 2021
Contract Type FiledDecember 22nd, 2021Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
One of the ways for a company to unlock funds, increase profits and enhance cash flow by freeing capital is through a “sales-and-leaseback” arrangement. Through this arrangement a company could sell one or more of its assets to a third-party investor....Sales-and-Leaseback Agreement • July 6th, 2023
Contract Type FiledJuly 6th, 2023This was part of the group’s strategy to sell its assets at a reasonable price and focus on being asset-light while running the companies’ business through a long-term lease. Similarly, Sime Darby via Hastings Deering (Australia) Limited opted for a sales-and-leaseback arrangement to unlock their business portfolio for reinvestment elsewhere in the Hastings Deering business while maintaining their day-to-day operations and protecting their future use of its sites.[2] The selling party who enters into a sales-and-leaseback arrangement is able to offload existing costly assets for cash while still using the property for their operations.[3] Through this method, a company retains the use of a critical asset but no longer holding ownership rights to it.
ContractSales and Leaseback Agreement • May 23rd, 2022
Contract Type FiledMay 23rd, 2022Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.