On 9 February 2026, a public disclosure form announced details regarding the privatisation of ENN Natural Gas Co., Ltd. by way of a scheme of arrangement. According to Rule 22 of the Hong Kong Code on Takeovers and Mergers, Morgan Stanley Bank, N.A. disclosed dealings in the ordinary shares of ENN Natural Gas on 6 February 2026.
Morgan Stanley Bank, N.A. purchased 12,800 A shares for a total of 253,104.00, with the highest price at 19.84 and the lowest price at 19.67. These dealings were attributed to hedging of Delta 1 products resulting from wholly unsolicited client-driven orders. Morgan Stanley Bank, N.A., ultimately owned by Morgan Stanley, is a Class (5) associate connected with the Offeror, and the transactions were made for its own account in RMB.