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Shares to suspend
February 5, 2009, Thursday
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Print Edition
Print Edition
SHANGHAI Airlines Co, the city's second-largest carrier, will suspend trading from today pending plans to reduce debt.
The company's board and shareholders are looking into ways to lower its debt ratio, the carrier said in a statement to the city's stock exchange yesterday. Shares will resume trading once the company announces the debt plan, it said.
The company's board and shareholders are looking into ways to lower its debt ratio, the carrier said in a statement to the city's stock exchange yesterday. Shares will resume trading once the company announces the debt plan, it said.
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