CCT Fortis Units Sell 95% Stake in Car Towing Firm

MT Newswires Live

01/02

Two units of CCT Fortis (HKG:0138) sold their combined 95% interest in Blackbird Works Supply to Entex International for HK$17.1 million, according to a Wednesday Hong Kong bourse filing.

Shares of the securities investor were up over 1% in Friday afternoon trading.

The firm will use the proceeds for working capital.

The target provides car towing and logistics services in Hong Kong.

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