Kwoon Chung Bus Signs Agreement of Intent for Potential Disposal

Reuters
2025.12.05 10:04
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Kwoon Chung Bus Holdings Limited has signed an agreement of intent for a potential disposal of non-core investments in Mainland China. This move aims to focus on core operations in Hong Kong and enhance competitiveness. The board views the terms as fair and beneficial for shareholders, though discussions are preliminary and the disposal may not proceed.