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  • July 11, 2014
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  1. Beijing airport soars after subsidies extended

    Posted Jan 07th 2011, 12:00am by Charlotte So

    ... Charlotte So Beijing Capital International Airport saw its shares rise as much as 10 per cent in Hong Kong yesterday after the central government extended its subsidies by five years, ... International Airport and Guangzhou Baiyun International Airport. Retaining the subsidy, which expired on December 31, is vital to the Beijing airport as that is its most important source of earnings. ...

  2. Yunnan Airport shortlists investors for deal

    Posted Nov 03rd 2008, 12:00am by Staff Reporter

    ... a consortium in a US$200 million deal to take a 49 per cent stake in HNA Airport Holdings, which owns Hainan Airport and other mainland airports. In 2006, Airport Authority Hong Kong spent 1.99 billion ... airport project,' said a source. Yunnan Airport is developing an international airport in Kunming after the State Council approved the US$3 billion construction plan in 2006. When completed, ...

  3. Hong Kong fly buy

    Posted Nov 15th 2003, 12:00am by Joseph Lo

    ... jewels' in a massive privatisation exercise that would raise $112 billion over the next five years. The sale of shares in Hong Kong International Airport to private investors would ... Kok's position as the monopoly provider of airport services in Hong Kong. This would help protect travellers and airlines from being charged unreasonable prices for using the airport, which ...

  4. Kunming airport courts investors

    Posted May 05th 2008, 12:00am by Staff Reporter

    ... Holdings, which owns Hainan Airport and other mainland airports. In 2006, Airport Authority Hong Kong shelled out 1.99 billion yuan (HK$2.22 billion) to buy a 35 per cent stake in Hangzhou Xiaoshan ... Tim LeeMaster and Daniel Ren in Shanghai Macquarie, Goldman among interested firms Kunming International Airport, located in the southwestern province of Yunnan, is seeking as much ...

  5. CNAC woos investors for US$800m airport fund

    Posted May 18th 2005, 12:00am by Russell Barling

    ... been approached- but it was also courting 'strategic investors that could contribute their expertise to the development of the industry'. A spokesperson for Airport Authority Hong Kong, which last month bought 35 per cent of Hangzhou Xiaoshan International Airport for 1.99 billion yuan, appeared to rule out its participation in the fund yesterday. 'We look ...

  6. Meilan will issue A shares to fund Sanya Airport purchase

    Posted Nov 21st 2009, 12:00am by Charlotte So

    ... Charlotte So Shares in Hainan Meilan International Airport, controlled by HNA Group, rose 3.3 per cent yesterday after the company unveiled plans to issue A shares to fund the long-awaited ... Kelvin Lau, a transport analyst at Daiwa Securities SMBC. Meilan first indicated its intention to acquire a stake in Sanya in its public offer in Hong Kong seven years ago. However, the idea has ...

  7. BCIA issue proposal rejected by parent

    Posted Jun 10th 2004, 12:00am by Annette Chiu

    ... in Beijing on Tuesday, parent firm Beijing Capital International Airport Group (BCIAG) voted down the proposal, which would have allowed the Hong Kong-listed firm to float new shares equivalent to up ... Annette Chiu The decision raises questions over financing for airport's expansion plans A proposal by Beijing Capital International Airport (BCIA) asking its shareholders ...

  8. Airport Authority signs deal to acquire stake in Xiaoshan

    Posted Jan 18th 2005, 12:00am by Joseph Lo

    ... Joseph Lo The Airport Authority has signed a letter of intent with Hangzhou Xiaoshan International Airport in Zhejiang province, paving the way for its first major investment outside Hong ... on both Hangzhou and Hong Kong. I believe [our talks] will yield a positive result,' he said. Mr Chen said the Xiaoshan airport company had a total asset value of about 2.2 billion yuan, ...

  9. Business - Companies - ELECTRONICS

    Proview International plans a comeback

    Posted Dec 24th 2012, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Proview hopes to buy amid delisting Proview International hopes to stave off delisting from the Hong Kong stock exchange and jump-start its moribund ... to pay its debts. Its Shenzhen subsidiary filed for bankruptcy later that year. On December 30 last year, the Hong Kong stock exchange placed Proview International in the third and final stage ...

  10. Transfer of mainland airports offers foreign investors a piece of the pie

    Posted Sep 27th 2003, 12:00am by Mark O'Neill

    ... about the time Meilan was listed. It is one of six airports to be listed. The others are Capital Airport on the Hong Kong market and Guangzhou, Xiamen, Shanghai and Shenzhen on domestic ... The transfer of nearly 100 mainland airports to their local governments will make it easier for foreign companies to buy a minority stake in the facilities and for domestic private firms ...




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