CCT Fortis Unit Sells Magazine Publisher to Affiliate

CCT Fortis Holdings (HKG:0138) unit Suremark Holdings has completed the sale of magazine publisher Silly Thing Group to Cheer Fame International, a Monday filing on the Hong Kong bourse stated. The pa

MT NewswiresJun 18 05:48 ET

CCT Fortis (00138.HK) has completed the sale of all shares of Silly Thing Group.

On June 18th, Glorious Reported that CCT Fortis (00138.HK) plans to sell the entire equity of Silly Thing Group for HKD 9.5 million. The sale will be completed on June 18, 2024. After the completion, the target company will no longer be a subsidiary of the group, and the financial performance of the target group will no longer be recorded in the group's comprehensive financial statements.

Gelonghui FinanceJun 18 04:35 ET

CCT Fortis Unit to Sell Magazine Publisher to Affiliate

CCT Fortis Holdings (HKG:0138) unit Suremark Holdings will sell Silly Thing Group to Cheer Fame International for HK$9.5 million, according to a Thursday filing with the Hong Kong Exchange. The consid

MT NewswiresJun 14 09:24 ET

Cct fortis (00138.HK) plans to sell all the equity of Silly Thing Group for HKD 9.5 million.

On June 13th, Geelong reported that CCT Fortis (00138.HK) announced that on June 13, 2024, the seller, Suremark Holdings Limited (a wholly-owned subsidiary of the company), signed a sales agreement with the buyer, Xiwai International Co., Ltd. According to the agreement, the seller agreed to sell and the buyer agreed to purchase the shares to be sold (which account for all the equity of Silly Thing Group Limited), at a cost of HKD 9.5 million. The target group is mainly engaged in magazine publishing businesses, including publishing auto magazines and Milk magazines in Hong Kong, and providing event management services.

Gelonghui FinanceJun 13 07:58 ET

Express News | CCT Fortis Holdings - Disposal of Entire Stake in Silly Thing Group for HK$9.5 Mln

ReutersJun 13 07:54 ET

CCT Fortis' Bondholder Transfers HK$20 Million of Convertible Bonds Due 2025 to Cheer Fame International

CCT Fortis Holdings' (HKG:0138) subscriber of the 4.5% coupon convertible bonds due on Dec. 31, 2025, Treasure Goal International, transferred a part of the convertible bonds worth HK$20 million to Ch

MT NewswiresJun 6 01:15 ET