26-Mar-2009 11:40 AM

EVA Air defers capital raising, shares rise - Asia Pacific airline share wrap

Analysis

Taiwan's EVA Air announced plans to defer its plan to sell TWD5 billion (USD1.5 billion) in new shares, due to weak equity markets. The carrier may revive the plan later in the year. Investors reacted positively, sending the carrier's shares up 3% yesterday.

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EVA Air defers capital raising, shares rise - Asia Pacific airline share wrap

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