tiprankstipranks
Trending News
More News >

China Mobile Hong Kong Advances in HKBN Acquisition Offer

Story Highlights
China Mobile Hong Kong Advances in HKBN Acquisition Offer

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1