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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) ) has issued an announcement.

ENN Energy Holdings Limited announced an update regarding its securities, revealing the lapse of 60,000 share options and 120,000 share awards. This update is part of a broader proposal to privatize the company through a scheme of arrangement, which may impact stakeholders depending on the satisfaction of certain pre-conditions and conditions. Stakeholders are advised to exercise caution in dealing with the company’s securities during this period.

The most recent analyst rating on (HK:2688) stock is a Hold with a HK$68.00 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 engaged in the energy sector. It focuses on natural gas distribution and energy investment, with a significant presence in Hong Kong’s stock market.

YTD Price Performance: 17.39%

Average Trading Volume: 3,398,783

Technical Sentiment Signal: Hold

Current Market Cap: HK$71.27B

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

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