HKBN Ltd. announced internal dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. On 19 May 2025, Morgan Stanley Capital Services LLC, a Class (5) associate connected with the Offeree company, engaged in multiple unsolicited client facilitation transactions involving derivatives and other products. Transactions included both purchases and sales, with several maturity dates extending into 2026. These dealings were conducted for Morgan Stanley Capital Services LLC's own account.
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