Brief: CCT Fortis enters sale and purchase agreement

CCT Fortis Holdings

26/04/2017 11:06

April 26 (Reuters) - CCT Fortis  0138.HK  
    * Discloseable Transaction - Disposal Of Property  
    * Vendor, an indirect wholly-owned subsidiary of company 
entered into provisional S&P agreement with East Base Limited 
    * Deal pursuant to which vendor will sell property to 
purchaser at a consideration of HK$145.5 million 
    * Net proceed will be applied to repay outstanding mortgage 
loan and balance applied for working capital and other possible 
investment opportunities. 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNDL3ZcLDl 
Further company coverage:  0138.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))