China Eastern Airlines issues new shares

Victoria
By Victoria September 14, 2012 14:24

China Eastern Airlines issues new shares

China Eastern Airlines has issued 2.29 billion yuan ($362 million) of new A shares and HK$1.62 billion ($209 million) of new H shares.
China Eastern Air Holding Co and CES Finance Holding Co will buy the A shares, which can generally be bought only by mainland residents, with China Eastern Airlines.
Following the deal China Eastern Air Holding will hold 43.63% of the enlarged total share of the company’s capital.

Victoria
By Victoria September 14, 2012 14:24
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