On 20 January 2026, a disclosure of dealings in ENN Energy Holdings Limited was received in relation to a proposed privatisation by way of a scheme of arrangement. Morgan Stanley Capital Services LLC, identified as a Class (5) associate connected with the Offeror, reported on 19 January 2026 a series of unsolicited client facilitation transactions in derivatives referencing the shares of ENN Energy Holdings Limited.
These transactions included multiple matched sales and purchases involving reference securities of various quantities—ranging from 100 to 6,700—across several maturity dates from 29 May 2026 to 31 December 2027. The reference prices for these derivatives primarily fell between US$68.1000 and US$69.5000, with each transaction resulting in no remaining balance. According to the filing, the dealings were conducted for Morgan Stanley Capital Services LLC’s own account. The form also noted that Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.
