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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 has announced an update on its securities following the exercise of 121,950 share options under its 2012 Share Option Scheme. This development is part of a broader proposal to privatize the company through a scheme of arrangement, which is subject to certain pre-conditions and conditions. Stakeholders are advised to exercise caution 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, operating primarily in the energy sector. It engages in the distribution and sale of natural gas and other energy-related services, focusing on providing clean energy solutions.

YTD Price Performance: 33.16%

Average Trading Volume: 3,640,265

Technical Sentiment Signal: Buy

Current Market Cap: HK$80.08B

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

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