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The latest update is out from ENN Energy Holdings ( (HK:2688) ).
ENN Energy Holdings Limited announced an update pursuant to Rule 3.8 of the Hong Kong Code on Takeovers and Mergers regarding the exercise of 132,050 share options under its 2012 Share Option Scheme. This development increases the total number of ENN shares in issue to 1,131,694,438. Stakeholders are advised to exercise caution as the proposal to privatize ENN Energy by way of a scheme of arrangement is subject to certain pre-conditions and conditions being met, which may impact the company’s market operations and investor decisions.
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 enhancing energy efficiency and sustainability.
Average Trading Volume: 3,698,945
Technical Sentiment Signal: Buy
Current Market Cap: HK$79.01B
For detailed information about 2688 stock, go to TipRanks’ Stock Analysis page.