Baiyun Airport: Countdown to Overall Listing, the Last Step of the Overall Listing

by fivip11 on 2007-12-19 13:52:31

According to the plan, Baiyun Airport will issue additional shares of no more than 150 million A-shares to ten investors including the major shareholder Guangdong Provincial Airport Management Group Corporation. The funds raised will be fully used for the acquisition of Baiyun Airport flight area assets, mainly including two flight runways, taxiways and aprons with a subscription assessed net value of RMB 2.03 billion yuan.