In line with the support measures announced by the Civil Aviation Administration of China, China Eastern Airlines has announced that its parent company China Eastern Air Holding Company has received approval from the State-owned Assets Supervision and Administration Commission of the State Council for its application for a state-owned capital operating budget.
CEA plans a non-public offering of 652.18 million A shares at an issue price of CNY3.6 per share to its controlling shareholder China Eastern Air Holding, together with the same number of H shares at CNY1 per share. By this means, the company expects to raise total of about CNY3 billion to be used to supplement current capital.
Of the ten measures announce by the CAAC to mitigate the impact of the global slowdown in business, one important point is that the Chinese government will inject capital into some domestic airlines.
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精品度假酒店品牌诗莉莉近日宣布完成B轮及B+轮融资，共计1亿元人民币。B轮融资由五岳资本领投，经纬中国跟投；B+轮融资由青松基金领投，五岳资本跟投。此前，该公司曾获得来自经纬中国的1亿元A轮融资。 (more…)