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ENN Energy Holdings ( (HK:2688) ) just unveiled an announcement.
ENN Energy Holdings Limited announced an update regarding its securities, revealing that 2,000 share options were exercised under its 2012 Share Option Scheme, resulting in the issuance of new shares. This development 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 as the proposal may or may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 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 involved in the energy sector. The company is focused on providing natural gas services and is engaged in the distribution and sale of piped gas, construction of gas pipelines, and the operation of vehicle gas refueling stations.
Average Trading Volume: 3,707,075
Technical Sentiment Signal: Buy
Current Market Cap: HK$81.29B
See more insights into 2688 stock on TipRanks’ Stock Analysis page.