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ENN Shares (600803): Proposed To Acquire 32.81% Shares Of ENN Energy And Resume Trading

2019/9/11 11:26:00 223

ENN SharesTextile StocksLatest Announcement

ENN Shares (600803) announced on the evening of the 10th that the company plans to purchase 369 million shares of ENN Energy held by ENN International and Select Investment through asset replacement, share issuance and cash payment, accounting for 32.81% of the total issued and outstanding shares of ENN Energy at present, and plans to raise matching funds. The above transaction is the internal integration of two listed companies controlled by the company's actual controller Wang Yusuo, which constitutes a related transaction but does not constitute a reorganization listing. ENN Energy has a strong natural gas distribution network and related infrastructure, and is a leading enterprise in the domestic urban gas industry. The company's shares resumed trading on September 11.

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