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Story Edition - Air China to raise over 950 million dollars in share issue

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Articles published more than 25 month(s) ago

Air China to raise over US$950 million in share issue

Source country AsiaOne Friday, March 12, 2010 10:34:00 AM CET | info [other]

Other categories: Monetary Issues EU; Financial Crisis;

SHANGHAI - Shares in Air China rose Friday after the nation's flag carrier said it plans to raise more than 950 million dollars through a private share placement to boost capital and lower financing costs. Air China, the country's second largest airline by fleet size, said it will raise 5.6 billion yuan (S$1....

Air China to raise over 950 million dollars in share issue

Source country nst Friday, March 12, 2010 10:12:00 AM CET | info [other]

Entities: Zhang Gang[1];

Other categories: Monetary Issues EU; Financial Crisis;

2010/03/12 SHANGHAI: Shares in Air China tumbled Friday after the nation’s flag carrier said it plans to raise more than 950 million dollars through a private share placement to boost capital and lower financing costs. Air China, the country’s second largest airline by fleet size, said it will raise 5....

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Geolocation Information

Place: SHANGHAI
Geo Path: Shanghai,-,Shanghai Shi,China
lat: 31.2479 lon: 121.473

Countries

Hong Kong [100%]

China [100%]

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Names

Zhang Gang [50%]