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CCT Fortis Holdings Limited ( (HK:0138) ) has issued an update.
CCT Fortis Holdings Limited, through its indirect wholly-owned subsidiary, has entered into a Provisional Sale and Purchase Agreement to sell a property located at House No. 7, Rosecliff, No. 20 Tai Tam Road, Hong Kong, for HK$82,000,000. The transaction, considered a discloseable transaction under Chapter 14 of the Listing Rules, reflects the company’s strategic decision to capitalize on its investment property, which is currently vacant, by selling it at a fair market price. The directors believe this move is in the best interest of the company and its shareholders.
More about CCT Fortis Holdings Limited
Average Trading Volume: 379,886
Technical Sentiment Signal: Sell
Current Market Cap: HK$110.4M
See more insights into 0138 stock on TipRanks’ Stock Analysis page.