Core Viewpoint - The company, Kwan Chung Bus Holdings Limited (stock code: 00306), is in preliminary discussions with a potential buyer regarding the possible sale of its equity stake in a non-wholly owned subsidiary registered in Sichuan Province, China [1] Group 1 - The potential sale is being negotiated with a third party that is independent of the company and its related parties [1] - If the potential sale materializes, it will constitute a major transaction under Chapter 14 of the listing rules [1] - The board emphasizes that details of the potential sale are subject to further negotiations and the establishment of a formal agreement [1] Group 2 - As of the date of the announcement, the company has not signed any letter of intent or specific agreement regarding the potential sale [1] - The potential sale may not necessarily proceed [1]
冠忠巴士集团(00306)正与潜在买方就可能出售非全资附属公司的股权进行初步磋商