CCT Fortis Holdings Limited Announces Disposal of Entire Equity Interest in Cosmo Classic Limited

Reuters

07/25

CCT Fortis Holdings Limited Announces Disposal of Entire Equity Interest in Cosmo Classic Limited

CCT Fortis Holdings Limited has announced the disposal of its entire equity interest in Cosmo Classic Limited and its subsidiaries. The transaction involves the use of a discounted cash flow method under the income approach for the valuation, which has been prepared by an independent valuer. The announcement, dated 25 July 2025, highlights that this valuation is based on future estimated cash flows and constitutes a profit forecast. The Vendor involved in this transaction is East Advance Holdings Limited, a wholly-owned subsidiary of CCT Fortis Holdings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CCT Fortis Holdings Limited published the original content used to generate this news brief on July 25, 2025, and is solely responsible for the information contained therein.

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