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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 shared an update.

ENN Energy Holdings Limited announced an update on the number of relevant securities issued, following the exercise of 93,563 share options under its 2012 Share Option Scheme. This update is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to pre-conditions and conditions being met. Stakeholders are advised to exercise caution in dealing with the company’s securities as the proposal may or may not be implemented.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 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 natural gas distribution and energy investment, focusing on providing energy solutions and services.

Average Trading Volume: 3,759,045

Technical Sentiment Signal: Buy

Current Market Cap: HK$78.39B

See more data about 2688 stock on TipRanks’ Stock Analysis page.

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