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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 the exercise of 25,100 share options under the ENN 2012 Share Option Scheme, resulting in the issuance of new shares. This update is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to certain pre-conditions and conditions. Stakeholders are advised to exercise caution when dealing with the company’s securities due to the potential uncertainties surrounding the proposal.
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 energy-related services, focusing on enhancing energy efficiency and sustainability.
Average Trading Volume: 3,751,438
Technical Sentiment Signal: Buy
Current Market Cap: HK$79.01B
Find detailed analytics on 2688 stock on TipRanks’ Stock Analysis page.