Air China Ld THE COMPLETION OF SALE OF 51% EQUITY INTEREST (7803L)
December 31 2018 - 1:00AM
UK Regulatory
TIDMAIRC
RNS Number : 7803L
Air China Ld
31 December 2018
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 IN RELATION TO
THE COMPLETION OF SALE OF 51% EQUITY INTEREST IN AIR CHINA
CARGO
Reference is made to the announcement of Air China Limited (the
"Company") dated 30 August 2018 and the circular dated 4 September
2018 in relation to the sale of 51% equity interest in Air China
Cargo by the Company to Capital Holding. Unless otherwise defined,
capitalized terms used in this announcement shall have the same
meanings as defined in the announcement and circular.
As at 28 December 2018, the registration change for the Disposal
has been completed at Beijing Municipal Administration of Industry
and Commerce, and Capital Holding has been registered as the
shareholder holding 51% equity interest in Air China Cargo. The
Company no longer holds any equity interest in Air China Cargo.
Upon completion of the Disposal, the resources of the Company
will be further focused on air passenger transportation business,
which will help the Company enhance the management capacity and
competitiveness for the air passenger transportation business and
is in the interests of the Company and its Shareholders as a
whole.
By Order of the Board
Air China Limited
Zhou Feng Tam Shuit Mui
Joint Company Secretaries
Beijing, the PRC, 28 December 2018
As at the date of this announcement, the directors of the
Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Xue Yasong,
Mr. John Robert Slosar, Mr. Wang Xiaokang*, Mr. Liu Deheng*, Mr.
Stanley Hui Hon-chung* and Mr. Li Dajin*.
* Independent non-executive director of the Company
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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contact rns@lseg.com or visit www.rns.com.
END
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