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ENN Energy Updates on Securities Amid Privatization Proposal

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ENN Energy Updates on Securities Amid Privatization Proposal

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ENN Energy Holdings ( (HK:2688) ) just unveiled an update.

ENN Energy Holdings Limited has announced updates regarding its securities in light of a proposal to privatize the company through a scheme of arrangement. The announcement details the lapse of certain share options and awards, alongside the issuance of new shares, affecting the total securities in circulation. Stakeholders are advised to exercise caution as the proposal and related offers are subject to pre-conditions and may not be implemented.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$65.00 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 is a company incorporated in the Cayman Islands, primarily operating in the energy sector. It is involved in the distribution and sale of natural gas and other energy-related services, focusing on providing clean energy solutions.

Average Trading Volume: 6,857,617

Technical Sentiment Signal: Buy

Current Market Cap: HK$70.53B

See more insights into 2688 stock on TipRanks’ Stock Analysis page.

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