Group 1 - Hong Kong Broadband (01310.HK) announced a voluntary conditional cash offer to acquire all issued shares at HKD 5.23 per share, representing a premium of approximately 40.97% over the closing price of HKD 3.71 on November 12, 2024 [1] - The offeror, China Mobile Hong Kong Limited, is fully owned by Fit Best Limited, which is in turn wholly owned by China Mobile, indicating a strategic move to strengthen its operations in Hong Kong [1] - Upon successful completion of the offer, Hong Kong Broadband will become an indirect subsidiary of China Mobile, which is dual-listed on the Hong Kong and Shanghai stock exchanges [1] Group 2 - The offer aims to unlock shareholder value through an attractive premium and provides a unique opportunity for shareholders to fully realize their investments in a currently uncertain market [2] - The offeror intends to support Hong Kong Broadband in addressing key issues such as debt management and interest expenses, thereby enhancing the company's financial position [2] - The offeror plans to leverage its industry expertise and resources to strengthen the competitive position of Hong Kong Broadband and expand its market share [2]