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ENN Energy Holdings ( (HK:2688) ) has issued an announcement.
ENN Energy Holdings Limited has announced an update regarding its securities following the exercise of 49,000 share options under the ENN 2012 Share Option Scheme. This move is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to various pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may not be implemented, impacting the company’s market positioning and shareholder interests.
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 the distribution and sale of natural gas and other energy-related services, focusing on providing clean energy solutions.
Average Trading Volume: 3,380,967
Technical Sentiment Signal: Buy
Current Market Cap: HK$74.37B
For detailed information about 2688 stock, go to TipRanks’ Stock Analysis page.