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An announcement from Kwoon Chung Bus Holdings Limited ( (HK:0306) ) is now available.
Kwoon Chung Bus Holdings Limited announced that it is in preliminary discussions with independent third parties regarding the potential disposal of its equity interest in a non-wholly owned subsidiary in Sichuan Province, China. This potential transaction could be significant for the company, but as of now, no formal agreement has been reached, and the outcome remains uncertain. Stakeholders are advised to exercise caution as the disposal may or may not proceed.
The most recent analyst rating on (HK:0306) stock is a Hold with a HK$2.50 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 company incorporated in Bermuda, primarily engaged in the transportation industry. The company, along with its subsidiaries, focuses on providing bus services and related operations.
Average Trading Volume: 139,851
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.18B
Find detailed analytics on 0306 stock on TipRanks’ Stock Analysis page.