Wednesday, January 26, 2011
China Eastern Air: the outcome of tomorrow see the outcome.
<P> Keywords: Brand New Love East Eastern Air </ P> <P> World Brand Lab (brand.) reports: </ P> <P> with the January 8, 2008 Eastern Class shareholders of the impending .China Eastern Airlines shares of Air China Limited and the minority shareholders of battle has been heating up. .January 7, according to the magazine, in January 8th class meeting, held on the introduction of a small Eastern Airlines shareholders will vote as a strategic investor. .China Eastern to ensure support for a two-thirds of the minority shareholders, to promote foreign capital process. .The Air China flight has been limited by the 12.07% of the shares held by China Eastern Airlines, now need to be further combined with other minority shareholders to cast against the Eastern attract investment program reinvent the wheel. .The reporter visited within one week of the China Eastern Airlines, Air core and their intermediaries, through various channels to ascertain the attitude of SASAC. .There are signs that, as the polling date draws near, the victory of the balance is tilted to the side of Air China. .It is reported that in addition to Air China H-share market investors to do the work for the minority shareholders will also be extended to the domestic A share of institutional investors, want their support, to achieve at the same time blocking the effect of the two markets. .</ P> <P> help Air China to lobby before the securities industry, said in an interview, has received a number of A shares before the institutional investors, "progressing well." .It is reported that Air China has clearly conveyed the new program will veto the East and to propose new bid for planning information, but the program when to bid, bid number, the details of how well the program will receive the blessing of regulators, is not clear .. .Wei Jin Tao in the analysis of analyst reports cited 8 January vote are several possible outcomes. .First general meeting of shareholders vote, then pass through the success of China Eastern. .Once the Air against the cause existing programs to be rejected foreign capital, the foreign capital to restart the program, would give rise to three possibilities: First, China Eastern Airlines maintenance program, and then communicate with the shareholders; Second, China Eastern and Singapore Airlines to re-negotiate improved .prices; third is to accept China Eastern Air program. ."Either way, we think are beneficial to China Eastern investors. Even if ultimately there is a minority shareholder not want to see the results of that cooperation to continue according to the original program, China Eastern and its shareholders will benefit, because the assets of Eastern Airlines .sheet and operating efficiency will be improved. If the end result is to raise its offer, of course, be better. "Wei Tao wrote in the analytical report. ."We now consider the January 8 after the thing, the next step is to cooperate." A source close to the top echelon of the Air China Group, told reporters that the new program once the East was not, China Eastern, Air China will continue to contact to sell Air China .program of cooperation and "to try to win the Eastern management's understanding and cooperation." .According to report, Air China will be bidding program, "a joint one-one exchange" on top of the broad framework of complement. ."China Eastern Air China offer is not accepted, nor is Eastern final say. SASAC's attitude is very important, but this can not judge. SASAC more before the Eastern bias, now go to the middle." A market source said. .Up to now, the SAC has not publicly come out to clear his attitude. .Air on the side, takes no position at this stage is the best position, meaning they can continue to market means - vote against it, and pull together the small shareholders to vote against blocking Singapore Airlines, and further for the marriage of Air China and China Eastern Airlines .results. .January 4, 2008 afternoon, reporters from those close to the SAC was informed that the SASAC internal capital market rules that should be respected. ."Capital market these things the government is also new, have never before encountered such a situation, but as long as legal compliance, it should count." A person close to the SASAC, told a reporter, this .Finally, I am afraid that the State had to be something. ."</ P> </ p>.
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