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Plan for share sale
February 26, 2009, Thursday
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Print Edition
Print Edition
SHANGHAI Airlines Co, the city's second-largest carrier, plans to sell shares to Jinjiang International Holdings Co, the third-biggest shareholder, for 1 billion yuan (US$146 million).
The carrier priced the share sale at 4.5 yuan apiece, it said yesterday in a statement.
The carrier priced the share sale at 4.5 yuan apiece, it said yesterday in a statement.
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