CTG DUTY-FREE Shares Climb Over 3% Following Completion of DFS Macau Acquisition

Stock News03-20

CTG DUTY-FREE (01880) saw its shares rise more than 3%. At the time of writing, the stock was up 2.27%, trading at HKD 69.85, with a turnover of HKD 26.34 million. On the news front, on March 19, CTG DUTY-FREE announced that on January 19, 2026, CTG International Limited (the buyer, an indirect wholly-owned subsidiary of the company) entered into an agreement with DFS Venture Singapore (Pte) Limited ("DFS Singapore") and DFS Group Limited ("DFS Hong Kong", collectively referred to as the "sellers", both ultimately owned by LVMH and the Miller family). Pursuant to the agreement, the sellers agreed to sell, and the buyer agreed to purchase, the entire issued share capital of the target company, DFS Cotai Limitada. Additionally, DFS Hong Kong agreed to sell, and the buyer agreed to purchase via asset transfer, the business. These transactions are collectively referred to as the acquisitions.

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