BRIEF-Avichina Industry & Technology Announces ‍Capital Contribution By AVIC In Changhe Aircraft & Harbin Aircraft​

Reuters · 01/06/2023 12:12
BRIEF-Avichina Industry & Technology Announces ‍Capital Contribution By AVIC In Changhe Aircraft & Harbin Aircraft​

- AviChina Industry & Technology Co Ltd 2357.HK:

  • AVIATION INDUSTRY CORPORATION OF CHINA TO MAKE CAPITAL CONTRIBUTION OF RMB604.9 MILLION IN HARBIN AIRCRAFT INDUSTRY

  • AVIATION INDUSTRY CORPORATION OF CHINA TO MAKE CAPITAL CONTRIBUTION OF RMB124.6 MILLION IN CHANGHE AIRCRAFT INDUSTRIES

  • UPON COMPLETION OF CAPITAL CONTRIBUTION, CO'S STAKE IN HARBIN AIRCRAFT WILL BE DILUTED TO ABOUT 80.79%

  • UPON COMPLETION OF CAPITAL CONTRIBUTION, CO'S STAKE IN CHANGHE AIRCRAFT INDUSTRIES WILL BE DILUTED TO ABOUT 92.43%

Further company coverage: 2357.HK


((Reuters.Briefs@thomsonreuters.com;))