CCT Fortis Holdings Details Bond Proceeds Usage

CCT Fortis Holdings Limited (HK:0138) has released an update.

CCT Fortis Holdings Limited has announced a further supplemental update regarding its 2023 annual report, specifically detailing the use of net proceeds from a HK$30 million convertible bond issue. The company has so far utilized approximately HK$22.1 million mainly for general working capital, with about HK$7.2 million yet to be allocated by mid-2024. Shareholders and potential investors are advised to review this update alongside the original annual report and the first supplement for a complete financial picture.

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