China Eastern to issue 7 bln yuan worth of shares
Published: 12 Jul 2009 16:58:33 PSTSHANGHAI, July 13 - China Eastern Airlines said on Monday it would merge with Shanghai Airlines in a share swap and issue A shares and H shares worth about 7 billion yuan ($1.03 billion) to replenish its working capital.
Trading in China Eastern's shares listed in Hong Kong and Shanghai, suspended since last month, will resume trading on Monday, it said. ($1=6.832 Yuan)
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