On 19 January 2026, a public disclosure form announced that Morgan Stanley Capital Services LLC reported several derivatives transactions in shares of ENN Energy Holdings Limited pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. These dealings are related to a privatisation by way of a scheme of arrangement.
The transactions occurred on 16 January 2026, involving multiple purchases and sales of derivatives referencing ENN Energy Holdings Limited. Each transaction was classified as “unsolicited client facilitation,” with reference prices generally ranging between approximately US$67.94 and US$68.50. The total amounts paid or received for individual transactions varied from around US$13,600 up to US$743,380. According to the disclosure, each resultant balance was recorded at zero following these trades. It was also noted that Morgan Stanley Capital Services LLC is a Class (5) associate connected with the offeror and is ultimately owned by Morgan Stanley. Dealings were made for its own account.
