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Grand China wants to buy out Hainan public shares

Beijing, China - According to "Caijing" Chinese magazine

Grand China Airlines currently controls 53.67% of Hanian Airlines, the China’s fourth-largest airline by fleet size, after it had purchased shares in June from billionaire George Soros. As the carrier’s biggest shareholder, Grand China seems to be considering to buy out the publicly traded shares of the unit, after trying to list in Hong Kong stock exchange in the second half of 2007. The Chinese mag...

AVIONEWS - World Aeronautical Press Agency - 144527
Rome, Italy, 07/11/2006 18:10
AVIONEWS - World Aeronautical Press Agency

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