China Cultural Tourism and Agriculture Group Completes Sale of 47% Stake in Subsidiary
Reuters
Dec 12, 2025
China Cultural Tourism and Agriculture Group Completes Sale of 47% Stake in Subsidiary
China Cultural Tourism and Agriculture Group Limited has completed the disposal of a 47% equity interest in China Cultural Tourism Group Limited. According to the company, the group has received the full consideration and the transaction was completed on 11 December 2025. Following the completion, the target company is now owned 88% by the purchaser and 12% by China Cultural Tourism and Agriculture Group Limited, and will no longer be consolidated into the group's financial statements.
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