Air China Ld ANNOUNCEMENT ON THE MIXED-OWNERSHIP REFORM (0628D)
April 24 2017 - 3:15AM
UK Regulatory
TIDMAIRC
RNS Number : 0628D
Air China Ld
24 April 2017
Hong Kong Exchanges and Clearing Limited and The Stock Exchange
of Hong Kong Limited take no responsibility for the contents of
this announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for
any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this announcement.
AIR CHINA LIMITED
(a joint stock limited company incorporated in the People's
Republic of China with limited liability)
(Stock Code: 00753)
ANNOUNCEMENT ON THE
MIXED-OWNERSHIP REFORM IN AIR FREIGHT LOGISTICS BY THE
CONTROLLING SHAREHOLDER CNAHC
This announcement is made pursuant to Part XIVA of the
Securities and Futures Ordinance (Chapter 571 of the Laws of Hong
Kong) and Rule 13.09 of the Rules Governing the Listing of
Securities on The Stock Exchange of Hong Kong Limited.
The board of directors (the "Board") of Air China Limited (the
"Company") hereby announces that the Company was recently informed
by its controlling shareholder, China National Aviation Holding
Company ("CNAHC") that the National Development and Reform
Commission had approved CNAHC to carry out the mixed-ownership
reform in air freight logistics.
CNAHC will start to push forward the mixed-ownership reform in
air freight logistics. The Company and some of its subordinated
companies are engaged in the operation of air freight logistics
business, thus implementation of the mixed-ownership reform may
involve the Company and the aforesaid subordinated companies.
As at the date of this announcement, it is learned that CNAHC
has not formulated any enforceable and specific implementation plan
for the mixed-ownership reform and has not reached any form of
agreement or arrangement with any person. The Company does not
obtain any information that should be disclosed but has not been
disclosed. The Company will actively take part in the mixed-
ownership reform and perform the relevant procedures and disclose
in a timely manner in accordance with relevant regulations.
Click on, or paste the following link into your web browser, to
view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/0628D_-2017-4-24.pdf
Shareholders of the Company and potential investors are advised
to exercise caution when dealing in the shares of the Company.
By Order of the Board
Air China Limited
Rao Xinyu Tam Shuit Mui
Joint Company Secretaries
Beijing, the PRC, 21 April 2017
As at the date of this announcement, the directors of the
Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong,
Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr.
Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung*
and Mr. Li Dajin*.
* Independent non-executive director of the Company
This information is provided by RNS
The company news service from the London Stock Exchange
END
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