Buying assets
May 18, 2010, Tuesday
|
Print Edition
Print Edition
XI'AN Aircraft International Corp plans to buy a combined 2.31 billion yuan (US$338 million) of aviation assets from its parent and three affiliated companies by issuing 176.2 million new shares.
The aircraft maker will spend 642 million yuan to buy assets from its parent, AVIC Xi'an Aircraft Industry (Group) Co Ltd, 976 million yuan in assets from AVIC Shaanxi Aircraft Industry (Group) Corp Ltd, 259 million yuan in assets from Landing-gear Advanced Manufacturing Corp and 434 million yuan in assets from Xi'an Aviation Brake Technology Co, it said in a statement to the Shenzhen Stock Exchange.
(Winny Wang)
The aircraft maker will spend 642 million yuan to buy assets from its parent, AVIC Xi'an Aircraft Industry (Group) Co Ltd, 976 million yuan in assets from AVIC Shaanxi Aircraft Industry (Group) Corp Ltd, 259 million yuan in assets from Landing-gear Advanced Manufacturing Corp and 434 million yuan in assets from Xi'an Aviation Brake Technology Co, it said in a statement to the Shenzhen Stock Exchange.
(Winny Wang)
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
