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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 provided an update.

ENN Energy Holdings Limited has announced an update on its securities following the exercise of 13,100 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 being met. Stakeholders are advised to exercise caution as the proposal and share option offer may not necessarily be implemented.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 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 is involved in the distribution and sale of natural gas and energy-related services, focusing on the Hong Kong market.

Average Trading Volume: 3,706,723

Technical Sentiment Signal: Buy

Current Market Cap: HK$82.08B

Find detailed analytics on 2688 stock on TipRanks’ Stock Analysis page.

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