BRIEF-HKBN Notes Recent Media Reports On Potential Purchase By China Mobile

Reuters
20 Nov 2024
BRIEF-HKBN Notes Recent Media Reports On Potential Purchase By China Mobile

Nov 20 (Reuters) - HKBN Ltd 1310.HK:

  • HAS NOTED CERTAIN MEDIA REPORTS RECENTLY ABOUT POTENTIAL PURCHASE BY CHINA MOBILE

  • RECEIVED NON-BINDING PROPOSALS FROM CHINA MOBILE HONG KONG COMPANY LIMITED IN RELATION TO A POSSIBLE CASH OFFER

  • AN APPLICATION MADE BY TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES ON STOCK EXCHANGE W.E.F. 9:00 A.M. ON 20 NOV

  • COMPANY AND POTENTIAL OFFEROR ARE STILL IN DISCUSSIONS ON TERMS OF THESE PROPOSALS

  • OFFER PERIOD HAS COMMENCED ON DATE OF THIS ANNOUNCEMENT, BEING 20 NOV

Further company coverage: 1310.HK

((Reuters.Briefs@thomsonreuters.com;))

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