Kwoon Chung Bus Details Property Acquisition

Kwoon Chung Bus Holdings Limited (HK:0306) has released an update.

Kwoon Chung Bus Holdings Limited has provided additional details regarding the acquisition of a property initially announced on September 30, 2024. The company clarified the ownership structure of the vendor, confirming that the largest shareholder, holding 50% of the issued shares, is Dr. Leong Siu Hung Edwin, with the rest owning less than one-third. The vendor and its owners are stated to be independent third parties not connected to the group.

For further insights into HK:0306 stock, check out TipRanks’ Stock Analysis page.