ING to give Smartone fairness opinion

ING has been named independent financial advisor on Sun Hung Kai''s general offer for Smartone.

One thing that distinguishes Hong Kong and Singapore from the rest of the region is the vigour with which they uphold their takeover codes. And thus with Sun Hung Kai's ownership of Hong Kong mobile operator, Smartone breaching 30%, it has been forced to make a general offer.

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