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.
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