Attn: Business Editor
?For Immediate Release?
Shenzhen International Completes 24% Acquisition of Shenzhen Airlines Further Enhancing Shareholder Value by Increasing Equity Interest to 49%
(Hong Kong, 4 January 2012) Shenzhen International Holdings
Limited ("Shenzhen International" or the "Company") (HKEx:
00152) announced that the Company has completed the
acquisition of a 24% equity interest in Shenzhen Airlines
Company Limited ("Shenzhen Airlines") on 4 January 2012. As
at the completion of the transaction, Shenzhen International
has increased its indirect equity interest in Shenzhen
Airlines from 25% to 49%, while the remaining 51% is owned by
Air China Limited ("Air China") (HKEx: 00753).
Mr. Guo Yuan, Chairman of the Company, said, "The market
demand for domestic air transportation has continued to grow,
contributing to a sound operating environment and thereby
good operating results for Shenzhen Airlines. We believe this
transaction can further enhance returns for the Company's
shareholders."
In the first half in 2011, the domestic economy of China
maintained steady growth, contributing to a continuous
increase in passenger air trips per capita. Shenzhen Airlines
contributed a profit of HK$187 million to the Company,
representing an approximate 3.5-fold increase from a profit
of HK$41.75 million in the corresponding period of the
previous year.
Shenzhen International Holdings Limited
Shenzhen International and its subsidiaries are principally
engaged in the investment, construction
and operation of logistic infrastructure facilities, as well
as providing various value-added logistic services to
customers leveraging its infrastructure facilities.
For further information, please contact: Hill + Knowlton
Strategies
Gary Li / Brian Chan
? End ?
Tel: (852) 2894-6239 / (852) 2894-6240
E-mail: szihl@hillandknowlton.com.hk
distribué par | Ce noodl a été diffusé par Shenzhen International Holdings Ltd. et initialement mise en ligne sur le site http://www.szihl.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-04 12:47:20 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
Documents associés | |
Shenzhen International Completes 24% Acquisition of Shenzhen Airlines |