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CTG Hongkong and Macao Culture and Tourism Holding

AnnouncedHK
What it does

Runs TurboJET ferries between Hong Kong and Macau, cross-border coaches, seven hotels with about 2,600 rooms and travel-permit services; about HK$2.2bn of revenue.

Ferries, coaches and hotelsConsumer discretionary

The Hong Kong and Macau ferry (TurboJET), coach (CTS Bus), hotel (7 hotels, 2,563 rooms) and travel-document businesses, with revenue of about HK$2.2bn and profit of HK$117m in 2025; the parent keeps its mainland scenic spots and theme parks.

Status
Announced
Expected
Timing not announced
Parent
China Travel International Investment Hong Kong (308 HK)
Spin-off ticker
To be announced
Listing
Main Board of HKEX
Market
Hong Kong
Sector
Consumer discretionary

Terms

Distribution in specie of SpinCo shares to China Travel International shareholders and listing by introduction on the HKEX Main Board, with no new shares issued; ratio not yet announced; subject to Listing Committee approval.

Key dates

  1. Listing application filed with HKEX
  2. Plan reiterated in interim results
  3. Record date and listing

Source documents

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