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The latest announcement is out from ENN Energy Holdings ( (HK:2688) ).
ENN Energy Holdings Limited announced an update on its securities, revealing that 103,750 ENN Share Options were exercised under the ENN 2012 Share Option Scheme, increasing the total number of issued shares to 1,131,443,725. The announcement also reminded associates and stakeholders of their obligation to disclose dealings in relevant securities during the offer period, as per the Takeovers Code. The proposal to privatize ENN Energy is still subject to certain pre-conditions and conditions, and stakeholders are advised to exercise caution.
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 focuses on natural gas distribution and energy services, and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 29.97%
Average Trading Volume: 3,586,673
Technical Sentiment Signal: Buy
Current Market Cap: HK$78.16B
For a thorough assessment of 2688 stock, go to TipRanks’ Stock Analysis page.