CNAC has clarified the rumors "dongxinlian" such as fog, see flower

Keywords: Group Eastern Airlines air in air

The world brand laboratory (brand.) Reports:

In response to recent media reports that China National Aviation holding company (hereinafter referred to as China Aviation Group) will "vote", attracting investment to support China Eastern Airlines, routes in a reluctance to anonymous 26-press spokesman said, did not stand, "the report does not confirm to us." China Eastern Airlines (Hong Kong Stock Exchange code: 0670; Shanghai Stock Exchange code: 600115; hereinafter referred to as China Eastern Airlines) bringing in a new route for a long time, after long negotiations, finally this year on September 2, officially signed the investment agreement: China Eastern Airlines will per share price of HK $ 3.80, total issuance 29.85 billion shares of H stock. Which to Singapore Airlines (SIA) and Temasek total issuance 18.84 million, making it the capital of China Eastern Airlines together holding 24%; at the same time controlling shareholders to China Eastern Airlines Group issued 11 billion shares, make sure that its absolute holdings after the capital increase. To this end, new routes and Temasek will total funded 71.61 HK, China Eastern Airlines Group funded 41.82 billion.

8 January next year, China Eastern Airlines will convene a category on the shareholders ' meeting, the new route, Temasek stake in China Eastern Airlines to vote. China Eastern Airlines Group because of their involvement in the transaction, you will avoid a vote. So 8 January category shareholders, will be limited to A unit and the h-shares of minority shareholders to participate in the vote. Only two-thirds vote of minority shareholders, the directional add-issuance to complete.

As the polling date draws near, the shares of China Eastern Airlines h share of about 12% of the minority shareholders in its attitude towards the air group, particularly of concern. Aviation Group is the largest shareholder of Air China, Air China, out of competition, has not want China Eastern Airlines bringing new routes. On September 2, China Eastern Airlines announced shortly after the placement agreement, Air China has launched jointly with Cathay, intention to halt new routes and Temasek stake in China Eastern Airlines, but at the last minute in the fairway.

December 19, CNAC, China Eastern Airlines both sides had a meeting, participants included in air Group General Manager and Chairman of Air China, Air China President Li, China Eastern Airlines Chairman Caijianjiang Lifenghua Caojianxiong, General Manager, China Eastern Airlines.

There are media reports that Air China in meeting the new route as China Eastern Airlines. But the people in the air group, said that the meeting with lifenghua briefed the Eastern Airlines, in cooperation with SIA. Eric then raised three issues: new routes and Temasek 3.80 per share price of the shares not low? earnings shares? is there a better scheme?, lifenghua expressed willingness to consider. "Talks atmosphere, Air China has not voted in a statement. "The source said.