Air China to Issue Up to 3.04 Billion A Shares to CNAHC and CNAC Holding

Reuters10-30
<a href="https://laohu8.com/S/AICAF">Air China</a> to Issue Up to 3.04 Billion A Shares to CNAHC and CNAC Holding

Air China Limited has approved the issuance of up to 3,044,140,030 new A Shares to specific investors, CNAHC and CNAC Holding, at a price of RMB6.57 per share. The expected gross proceeds from this transaction are not more than RMB20.00 billion. The newly issued shares will be subject to an 18-month lock-up period.

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