AviChina Eyes Conversion of Over 261 Million Domestic Shares into Hong Kong Shares

MT Newswires Live

12/12

AviChina Industry & Technology's (HKG:2357) board approved the conversion of over 261.5 million domestic shares of the firm held by National Military-civilian Integration Industrial Investment Fund into Hong Kong shares.

The shares represent around 3.28% of the aviation company's total issued shares, according to a Friday filing with the Hong Kong Exchange.

The full circulation is subject to the relevant regulatory approvals.

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