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Hainan Air in talks with strategic investors

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Hainan Airlines, whose biggest shareholder is US financier George Soros, is in talks with foreign and domestic investors as it seeks capital to expand, chairman Chen Feng said.

The company plans to announce a ``major capital restructuring plan'' this year that will include a private placement of shares to strategic investors, Chen said, without naming the investors.



Source: www.thestandard.com




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07.03.2005




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