HKBN transmits HK$700m financing to seven

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HKBN transmits HK$700m financing to seven

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Network Server with multiple network cables | Bacho Foto - Fotolia

Hong Kong Broadband Network has signed a HK$700m ($90m) loan to fund the acquisition of telecommunication businesses Concord Ideas and Simple Click Investments, with the first drawdown scheduled to take place on Thursday.

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