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HKBN ( (HK:1310) ) has provided an announcement.
China Mobile Hong Kong Company Limited is progressing with a pre-conditional voluntary general cash offer to acquire all issued shares of HKBN Ltd., not already owned by them, through China International Capital Corporation Hong Kong Securities Limited. The company has received approval from the State-Owned Assets Supervision and Administration Commission and is actively engaging with relevant authorities to satisfy pre-conditions for the offer. The deadline for the offer document dispatch has been extended, and the company is finalizing the necessary information for its release.
More about HKBN
YTD Price Performance: 0.39%
Average Trading Volume: 6,123,980
Technical Sentiment Signal: Hold
Current Market Cap: HK$7.54B
See more data about 1310 stock on TipRanks’ Stock Analysis page.