Glory Times December 1st | According to sources cited by the media, private equity fund I Squared Capital (ISQ) has once again made a non-binding acquisition offer to hkbn (1310.HK), with its initial price slightly higher than the offer made by China Mobile last month. Sources say that the related negotiations are still ongoing and no final decision has been made yet. hkbn stated in March last year that it had received a preliminary non-binding letter through ISQ, indicating its intention to enter into a transaction involving a possible acquisition offer with the company. However, the company announced in June last year that it had terminated discussions with ISQ regarding the offer.