CCT Fortis Holdings Limited has announced the disposal of a property through a Provisional Sale and Purchase Agreement, with a consideration of HK$82,000,000. The property had remained vacant for the two years preceding the sale, generating no rental income or net profit during that period. The transaction price was determined through arm's length negotiation and was deemed fair, aligning with the prevailing market unit price for similar properties. The Board believes this transaction provides a favorable opportunity to realize the property's value and strengthen the company's financial health.
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