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China Eastern Airlines absorption of Shanghai Airlines completed

29-Jan-2010 9:29 AM

China Eastern Airlines stated (28-Jan-2010) the absorption of Shanghai Airlines through the exchange of A Shares was received, and the exchange of A Shares was completed on 28-Jan-2010. Following the absorption of Shanghai Airlines, the total issued share capital of China Eastern was enlarged by 1.7 billion shares to 11.3 billion shares.  CEA Holding and CES Global remain the two largest shareholders in the company, with a 42.84% and 17.09% holding, respectively, followed by HKSCC Nominees Limited with a 13.65% holding. [more]