ENN Energy Holdings ( (HK:2688) ) has shared an update.
ENN Natural Gas Co., Ltd. and Xinneng (Hong Kong) Energy Investment Limited have announced a pre-conditional proposal to privatize ENN Energy Holdings Limited through a scheme of arrangement under the Companies Act of the Cayman Islands. This proposal, which includes an ENN Share Option Offer, has been published on the Shanghai Stock Exchange. Stakeholders are advised to exercise caution as the proposal is subject to certain pre-conditions and conditions, and its implementation is not guaranteed.
More about ENN Energy Holdings
ENN Energy Holdings is a company involved in the energy sector, primarily focusing on natural gas. It operates within the People’s Republic of China and is associated with ENN Natural Gas Co., Ltd. and Xinneng (Hong Kong) Energy Investment Limited.
YTD Price Performance: 19.97%
Average Trading Volume: 1,712
Technical Sentiment Signal: Hold
Current Market Cap: $8.8B
Learn more about 2688 stock on TipRanks’ Stock Analysis page.