China Mobile Hong Kong Company Limited has provided a monthly update regarding its ongoing effort to acquire all issued shares of HKBN Ltd., excluding those it already owns. The proposed transaction, initially announced on December 2, 2024, involves China International Capital Corporation Hong Kong Securities Limited acting on behalf of China Mobile Hong Kong. An announcement on December 23, 2024, noted a delay in dispatching the Offer Document. The directors of China Mobile Hong Kong, led by Mr. Ling Hao, continue to oversee the process and affirm the accuracy of the information disclosed in the latest update.
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