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Market Chatter: China Mobile Considering Purchase of Internet Company HKBN
HKBN Trading Halt Sparks Investor Interest
hkbn (01310) will be suspended from trading temporarily starting from November 19th.
hkbn (01310) announced that its shares will be traded at 9:00 am on November 19, 2024...
[Stock Connect] According to reports, china mobile (00941) plans to buy shares from the major shareholder of hkbn (01310) at 5 Hong Kong dollars per share.
Jingu Financial News | According to reports citing sources, China Mobile (00941) is willing to offer at least HK$5 per share to the major shareholders of HKBN (01310) for acquisition of their holdings, which would result in the company valuation exceeding HK$6.5 billion. Insiders pointed out that China Mobile has conducted due diligence on the potential acquisition, and is currently negotiating the acquisition price with the major shareholders of HKBN. The acquisition price may increase, but both parties are not certain to reach an agreement. HKBN is suspended today.
Express News | HKEX - Trading in Shares of HKBN Ltd. Will Be Halted at 9:00 A.m. Today
HKBN: Annual Report 2024
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103725026 : Can we buy and sell at that time?