Kwoon Chung Bus Elevates COO Timothy Wong to Executive Director Role

Kwoon Chung Bus Holdings Limited ( (HK:0306) ) has shared an announcement.

Kwoon Chung Bus Holdings Limited has announced that its chief operating officer, 37-year-old Wong Cheuk Tim, Timothy, will be appointed as an executive director with effect from 1 January 2026, further formalising the role of a key member of the founding family in the Group’s leadership. Wong, who holds degrees in law and economics and has been with the company since 2014, is already responsible for the Group’s general management and operations and is closely connected to other executive directors through family ties. The move reinforces the family’s control of the transport operator, as Wong is a beneficiary of trusts that collectively hold a substantial shareholding in the company, and he also holds share options under the firm’s incentive scheme. His remuneration remains governed by his employment as COO, with no separate director’s fee, and his board role will be subject to retirement by rotation and re-election under company bye-laws, ensuring ongoing shareholder oversight of the enhanced governance structure.

The most recent analyst rating on (HK:0306) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on Kwoon Chung Bus Holdings Limited stock, see the HK:0306 Stock Forecast page.

More about Kwoon Chung Bus Holdings Limited

Kwoon Chung Bus Holdings Limited is a Hong Kong-based transport group engaged in bus and related passenger transport services, operating through various subsidiaries. The company focuses on providing organized and franchised transport solutions in Hong Kong and the region, supported by a family-controlled shareholding structure and professional management team.

Average Trading Volume: 144,747

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.35B

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