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ENN Energy Holdings ( (HK:2688) ) has provided an update.
ENN Energy Holdings Limited announced an update under Rule 3.8 of the Hong Kong Code on Takeovers and Mergers regarding the privatization proposal by Xinneng (Hong Kong) Energy Investment Limited. The update includes the exercise of 5,000 share options, leading to the issuance of new shares, impacting the total securities issued by the company. Stakeholders are advised to exercise caution as the proposal and share option offer are contingent on certain pre-conditions and conditions being met.
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 involved in the energy sector. It focuses on providing natural gas services and solutions, playing a significant role in the energy market.
YTD Price Performance: 26.12%
Average Trading Volume: 3,539,487
Technical Sentiment Signal: Buy
Current Market Cap: HK$76.57B
For a thorough assessment of 2688 stock, go to TipRanks’ Stock Analysis page.