综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

China Eastern to sell stake to Temasek

(AP)
Updated: 2007-06-06 13:50

China Eastern Airlines' board has approved the sale of a 24 percent stake to Singapore Airlines and Singapore's Temasek Holdings, the financial magazine Caijing reported, though none of the companies involved would confirm Wednesday that a deal has been reached.

Caijing said in its online edition, citing unnamed sources, that the board of Shanghai-based China Eastern, the country's third-biggest carrier, approved the sale at a meeting on Friday.

Singapore International Airlines would pay 4.7 billion Hong Kong dollars (US$602 million;euro445 million) for 1.24 billion Hong Kong shares in China Eastern, representing a 15.8 percent stake, Caijing said.

Temasek, an investment arm of the Singaporean government, would pay HK$640 million (US$82 million;euro61 million) for an 8.2 percent stake, it said.

The plan would involve issuing 2.98 billion new Hong Kong-traded "H shares," boosting  China Eastern's market capitalization by about 60 percent, the report said. China Eastern also has shares traded in Shanghai.

Staff at China Eastern Airlines' headquarters said the company had no official comment but would release a statement when it was ready. The company's spokesman was not available.

Temasek declined to respond to the report, saying it was not the company's policy to comment on market speculation.

"Discussions with China Eastern are ongoing, but there has been no agreement reached," said Stephen Forshaw, spokesman for Singapore Airlines.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
金塔县| 贵南县| 秦安县| 马尔康县| 西峡县| 灵璧县| 纳雍县| 威宁| 建德市| 拉萨市| 广西| 扎兰屯市| 衡阳市| 阆中市| 乌鲁木齐市| 芜湖市| 鹤壁市| 会同县| 甘孜县| 多伦县| 普宁市| 五河县| 油尖旺区| 和林格尔县| 克山县| 山东| 铜梁县| 通城县| 苏州市| 吐鲁番市| 镇安县| 彝良县| 长治县| 永寿县| 金沙县| 嘉义市| 青神县| 天长市| 德兴市| 东阿县| 北流市|