by winston » Wed Aug 19, 2015 8:27 am
vested
AVICHINA-1000 Joins Capital Increase in Shenyang Aircraft Group, Chengdu Aircraft Group
AVICHINA-1000 (02357.HK) 0.000 (0.000%) Short selling $15.55M; Ratio 9.573% announced that the company, AVIC Capital Co., Ltd.(AVIC Capital), China Avionics Systems Co., Ltd. (AVIC Avionics), AVIC Aircraft Co., Ltd. (AVIC Aircraft) and AVIC Electromechanical Systems Co., Ltd. (AMES) as the capital increase participants, and AVIC Shenyang Aircraft Industrial (Group) Co., Ltd. (Shenyang Aircraft Group) and AVIC Chengdu Aircraft Industrial (Group) Co., Ltd. (Chengdu Aircraft Group) as the capital increase targets, entered into a framework agreement on capital increases.
The proposed maximum aggregate capital increase amount by each capital increase participant and the proposed total capital increase amount of the proposed capital increases in Shenyang Aircraft Group and Chengdu Aircraft Group are RMB1.906 billion, RMB1.906 billion, RMB539 million, RMB441 million and RMB196 million respectively (total: RMB4.989 billion).
Source: AAStocks Financial News
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