ENN Energy Holdings ( (HK:2688) ) has issued an announcement.
ENN Energy Holdings Limited has announced a pre-conditional proposal to privatize the company through a scheme of arrangement under the Companies Act, alongside a proposed withdrawal of its listing. The ENN-NG General Meeting is scheduled for May 28, 2025, where key resolutions will be voted on, although none of the pre-conditions have been satisfied yet. Stakeholders are advised to exercise caution as the proposal’s implementation is contingent upon these conditions being met.
More about ENN Energy Holdings
ENN Energy Holdings Limited is a company incorporated in the Cayman Islands with a focus on the energy sector. It is involved in the provision of energy solutions, primarily through its operations in natural gas distribution and related services.
YTD Price Performance: 19.51%
Average Trading Volume: 1,885
Technical Sentiment Signal: Hold
Current Market Cap: $9.03B
For a thorough assessment of 2688 stock, go to TipRanks’ Stock Analysis page.