HKBN (HK:1310) has released an update.
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China Mobile Hong Kong Company Limited is set to make a voluntary general cash offer of HK$5.23 per share to acquire all issued shares of HKBN Ltd., except those it already owns. This move, facilitated by China International Capital Corporation Hong Kong Securities Limited, is contingent on the fulfillment of certain pre-conditions. The offer aims to acquire shares free of any liens or third-party rights, with full rights to dividends declared on or after the closing date.
For further insights into HK:1310 stock, check out TipRanks’ Stock Analysis page.