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China Eastern Airlines Corp. Ltd. Message Board

  • littlemannam littlemannam Sep 6, 2012 5:20 PM Flag

    What's going on with CEA today?

    EOM

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    • China Eastern Airlines Corporation Limited (the “Company”) has recently been informed by
      China Eastern Air Holding Company (中國東方航空集團公司) (the controlling shareholder
      of the Company) (“CEA Holding”) and the directors of the Company that CEA Holding is
      currently considering to inject capital into the Company to further reduce the asset-to-debt
      ratio of the Company so as to support the development of the Company, and the Company
      is currently considering to conduct a non-public issue of shares to CEA Holding. The above
      matters will be subject to further policy consultation with and proposal review by the relevant
      authorities from the release of this announcement, and there are therefore uncertainties over
      the relevant issues. In order to protect the interests of investors and avoid causing material
      impact to the share price of the Company, trading of the shares of the Company will suspend
      from 6 September 2012 onwards at the request of the Company.

 
CEA
16.23-0.41(-2.46%)Aug 29 4:02 PMEDT

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