Lates News

On the morning of June 3, Hong Kong Broadband Network announced on the Hong Kong Stock Exchange that the evaluation of the alternative proposals by the board of directors is still ongoing on the date of this announcement. At the same time, discussions and negotiations with I Squared Asia Advisors Pte Ltd. regarding possible other offers are also ongoing. The board of directors has not yet made any final statement on possible other offers, nor has it reached any formal or legally binding agreement with I Squared Asia Advisors Pte Ltd. or its portfolio company HGC Global Communications Limited regarding possible other offers.