Group 1 - Hong Kong Broadband Network (01310) announced a conditional voluntary cash offer from China Mobile Hong Kong Limited to acquire all issued shares of the company, excluding those already owned by the offeror and its concert parties [1] - On August 4, 2025, the offeror entered into a share purchase agreement with Twin Holding Ltd, agreeing to purchase 214 million shares, representing approximately 14.44% of the company's total issued share capital as of the announcement date, for a total consideration of HKD 1.084 billion [1] - Upon completion of the transfer of the shares, the seller will retain 15.0574 million shares, approximately 1.02% of the company's issued share capital at that time, while the offeror will own a total of 442 million shares, approximately 29.90% of the company's issued share capital at completion [1]