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ENN Energy Privatization Plan Sees Further Extension as Regulatory Conditions Progress

Story Highlights
  • ENN Energy’s proposed privatization and delisting face another delay, extending the scheme document deadline to January 30, 2026.
  • Key regulatory and shareholder pre-conditions for ENN Energy’s privatization have largely been met, advancing the deal despite timeline extensions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ENN Energy Privatization Plan Sees Further Extension as Regulatory Conditions Progress

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ENN Energy Holdings ( (HK:2688) ) has provided an update.

ENN Natural Gas Co., Ltd. and Xinneng (Hong Kong) Energy Investment Limited have provided a further update on their pre-conditional proposal to privatize ENN Energy Holdings Limited and withdraw its Hong Kong listing, announcing another extension of the deadline to dispatch the scheme document to no later than 30 January 2026, with a corresponding extension of the scheme long stop date. The parties report continued progress in satisfying required pre-conditions, including earlier approvals from ENN-NG independent shareholders and completion of various PRC regulatory filings and registrations, signalling that key regulatory hurdles for the privatization are being cleared even as the transaction timetable is pushed back.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$79.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.

More about ENN Energy Holdings

ENN Energy Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the energy sector, focusing on natural gas distribution and related energy services. It is associated with ENN Natural Gas Co., Ltd., a PRC-incorporated joint stock company, and Xinneng (Hong Kong) Energy Investment Limited, reflecting a cross-border corporate structure within China’s natural gas and broader energy investment industry.

Average Trading Volume: 3,836,687

Technical Sentiment Signal: Buy

Current Market Cap: HK$75.94B

Find detailed analytics on 2688 stock on TipRanks’ Stock Analysis page.

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