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The latest update is out from HKBN ( (HK:1310) ).
HKBN Ltd. announced the end of the offer period for a potential acquisition by I Squared Asia Advisors Pte Ltd., as the latter decided not to proceed with acquiring 100% of HKBN’s outstanding shares. This decision impacts HKBN’s immediate market positioning, as no new offers or acquisitions can be initiated by I Squared Asia or its associates for at least six months, according to the Takeovers Code.
The most recent analyst rating on (HK:1310) stock is a Buy with a HK$3.30 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
More about HKBN
HKBN Ltd. is a telecommunications company incorporated in the Cayman Islands, focusing on providing broadband internet, communication, and related services in Hong Kong.
YTD Price Performance: 0.91%
Average Trading Volume: 2,883,046
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.37B
Find detailed analytics on 1310 stock on TipRanks’ Stock Analysis page.