ENN Energy Holdings Ltd. has disclosed internal dealings as part of its privatisation process by way of a scheme of arrangement. The disclosure, made under Rule 22 of the Hong Kong Code on Takeovers and Mergers, involves Morgan Stanley Capital Services LLC, a Class (5) associate connected with the Offeror. The dealings, primarily in derivatives and other types of products, were conducted for Morgan Stanley's own account, with multiple purchases and sales facilitated for unsolicited clients.
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