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ENN Energy Holdings ( (HK:2688) ) has provided an announcement.
ENN Energy Holdings Limited announced an update on its securities, revealing that 700 share options were exercised, resulting in the issuance of new shares. This development is part of a broader proposal to privatize the company through a scheme of arrangement, which remains 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, primarily engaged in the energy sector. It focuses on providing natural gas and energy solutions, with a market emphasis on the privatization and restructuring of its operations.
Average Trading Volume: 3,518,602
Technical Sentiment Signal: Buy
Current Market Cap: HK$75.73B
For detailed information about 2688 stock, go to TipRanks’ Stock Analysis page.