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HKBN ( (HK:1310) ) has issued an update.
HKBN Ltd. has announced an update regarding ongoing discussions with I Squared Asia Advisors Pte Ltd. concerning a potential separate offer. The company has not yet reached any formal agreement, and I Squared Asia Advisors is finalizing the terms of a possible offer, which will be subject to internal approvals. HKBN will continue to provide monthly updates as per the Takeovers Code, and stakeholders are advised to exercise caution as there is no assurance that an offer will be made.
More about HKBN
Technical Sentiment Signal: Buy
Current Market Cap: $928.9M
For a thorough assessment of 1310 stock, go to TipRanks’ Stock Analysis page.