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BRIEF-CCT Fortis enters sale and purchase agreement
April 26, 2017 / 10:32 AM / 5 months ago

BRIEF-CCT Fortis enters sale and purchase agreement

April 26 (Reuters) - CCT Fortis

* 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: Further company coverage:

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