HKBN Ltd. has disclosed internal dealings related to a possible voluntary general offer under Rule 22 of the Hong Kong Code on Takeovers and Mergers. The dealings involve derivatives and commercial paper facilitated by Morgan Stanley & Co., International plc, which is connected to the Offeree company. Transactions were made for Morgan Stanley's own account, involving unsolicited client facilitation in both sales and purchases of securities with various maturity dates in 2025 and 2026.
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