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CCT Fortis Holdings Sells Property to Bolster Financial Health

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CCT Fortis Holdings Sells Property to Bolster Financial Health

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The latest announcement is out from CCT Fortis Holdings Limited ( (HK:0138) ).

CCT Fortis Holdings Limited has announced the disposal of a property for HK$82,000,000, which was determined through arm’s length negotiations and is consistent with the prevailing market prices for similar properties in the area. The property, which has remained vacant for the past two years, generated no rental income or net profit, and its sale is seen as a strategic move to enhance the company’s financial position amid a cautious property market.

More about CCT Fortis Holdings Limited

Average Trading Volume: 373,435

Technical Sentiment Signal: Sell

Current Market Cap: HK$115.2M

See more data about 0138 stock on TipRanks’ Stock Analysis page.

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