On 23 October 2025, a public disclosure form was issued regarding the proposed privatisation by way of scheme of arrangement for ENN Energy Holdings Limited (2688). The Executive received details of transactions in ENN Energy shares under the Hong Kong Code on Takeovers and Mergers, dated 22 October 2025 and conducted by Morgan Stanley & Co., International plc.
According to the statement, Morgan Stanley & Co., International plc carried out several derivative transactions involving both sales and purchases of ENN Energy shares, with maturity dates extending from August 2026 to June 2027. Reference prices ranged from approximately US$66.30 to US$66.92, and the corresponding total amounts paid or received varied for each transaction. The resultant balances were recorded as zero in these disclosures.
Morgan Stanley & Co., International plc is identified as a Class (5) associate connected with the Offeror, dealing on its own account, and is ultimately owned by Morgan Stanley.