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China Eastern To Take Over Shanghai Air 본문

News/M&A

China Eastern To Take Over Shanghai Air

Korea M&A 2009. 7. 7. 10:58

China Eastern Airlines Corporation Limited (the "Company"; NYSE "CEA"; SEHK "0670"; SSE "600115"), announces that, following a request made by the Company to the Stock Exchange of Hong Kong Limited, trading in its H shares has been suspended with effect from 9:30 a.m. on June 8, 2009, in connection with the Company's planned material joint restructuring with Shanghai Airlines Corporation Limited, as disclosed in an announcement published by the Company on July 5, 2009.

Trading in the Company's A Shares on the Shanghai Stock Exchange has been suspended since June 8, 2009.

Trading in the Company's ADSs on the New York Stock Exchange has also been suspended with effect from 9:30 a.m. New York time on June 8, 2009.

Background Information:

China Eastern Airlines Corporation Limited is one of the three largest airliners in China. The Company was established as a joint stock limited company incorporated in the People's Republic of China on April 4, 1995. The Company successfully offered its American Depositary Shares ("ADSs"), H Shares and A Shares in New York, Hong Kong and Shanghai, respectively, and its ADSs, H Shares and A Shares were listed on the New York Stock Exchange, Inc., The Stock Exchange of Hong Kong Limited, and the Shanghai Stock Exchange on February 4, 1997, February 5, 1997 and November 5, 1997 respectively.

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