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ENN Energy Updates on Privatization Proposal and Share Issuance

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ENN Energy Updates on Privatization Proposal and Share Issuance

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

ENN Energy Holdings Limited has announced an update related to its ongoing privatization proposal, which involves a scheme of arrangement under the Companies Act of the Cayman Islands. The company has issued 3,000 new shares following the exercise of share options, bringing the total number of issued shares to over 1.13 billion. Stakeholders are advised to exercise caution as the proposal is subject to pre-conditions and conditions that may affect its implementation.

More about ENN Energy Holdings

ENN Energy Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the energy sector. It focuses on providing natural gas and energy-related services, positioning itself as a significant player in the energy market.

YTD Price Performance: 14.81%

Average Trading Volume: 1,243

Technical Sentiment Signal: Buy

Current Market Cap: $9.31B

For detailed information about 2688 stock, go to TipRanks’ Stock Analysis page.

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