ENN Energy Holdings Ltd. announced its internal dealings related to its privatisation by way of a scheme of arrangement. The disclosure, made under Rule 22 of the Hong Kong Code on Takeovers and Mergers, includes various transactions involving derivatives. The dealings involved Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror, conducting transactions for its own account. The transactions include unsolicited client facilitation involving both purchases and sales with specified maturity dates ranging from November 2025 to November 2026.
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