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The latest announcement is out from ENN Energy Holdings ( (HK:2688) ).
ENN Energy Holdings Limited has announced an update regarding its securities, following the exercise of 1,000 share options under its 2012 Share Option Scheme. This move increases the total number of ENN shares in issue to 1,131,255,275. The announcement is part of a broader proposal by ENN Natural Gas Co., Ltd. and Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy through a scheme of arrangement. Stakeholders are advised to exercise caution as the proposal and related offers are subject to certain pre-conditions and may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$70.00 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 providing natural gas services and related energy solutions, with a market presence that includes a variety of energy investments and operations.
Average Trading Volume: 3,316,142
Technical Sentiment Signal: Hold
Current Market Cap: HK$72B
For a thorough assessment of 2688 stock, go to TipRanks’ Stock Analysis page.