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HKBN ( (HK:1310) ) has issued an update.
HKBN Ltd. has announced ongoing discussions with I Squared Asia Advisors Pte Ltd. regarding a potential separate offer. As of now, no formal agreement has been reached, and the company will continue to provide monthly updates on the progress of these negotiations. Stakeholders are advised to exercise caution as there is no assurance that the offer will proceed, and it may be subject to various conditions.
More about HKBN
HKBN Ltd. operates in the telecommunications industry, providing broadband internet, data connectivity, and other telecommunications services primarily in Hong Kong. The company focuses on delivering high-speed internet and integrated communication solutions to both residential and business customers.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $851.8M
Learn more about 1310 stock on TipRanks’ Stock Analysis page.
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