BRIEF-Hainan Airport Infrastructure To Buy Shares In Hainan Meilan International Airport

Reuters

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BRIEF-Hainan Airport Infrastructure To Buy Shares In Hainan Meilan International Airport

April 30 (Reuters) - Hainan Airport Infrastructure Co Ltd 600515.SS:

SAYS IT PLANS TO BUY 237.5 MILLION SHARES IN HAINAN MEILAN INTERNATIONAL AIRPORT FOR 2.3 BILLION YUAN ($316.56 million)
SAYS IT AND UNIT TO HOLD COMBINED AT LEAST 50.2% STAKE IN HAINAN MEILAN INTERNATIONAL AIRPORT AFTER TRANSACTION IS COMPLETED
SAYS CO TO BECOME CONTROLLING SHAREHOLDER OF HAINAN MEILAN AFTER TRANSACTION IS COMPLETED

Source text

Further company coverage: 600515.SS

($1 = 7.2655 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((yukun.zhang@thomsonreuters.com;))

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