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Article: BUSINESS IN ASIA TODAY - SEPT 3, 2007.
- Article from:
- AsiaPulse News
- Article date:
- September 3, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on Sept 3, 2007. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
CHINA EASTERN TO SELL 26 PCT STAKE TO SINGAPORE AIRLINES
BEIJING - China Eastern Airlines (CEA) (SEHK:0670, SSX:600115, NYSE:CEA), one of the country's top three carriers, announced on Sunday it will sell a 26 per cent stake to Singapore Airlines Limited (SGX:S55). The two on Sunday signed a Heads of Agreement with China Eastern Air Holding Company and Lentor Investments Pte. Ltd., a wholly-owned subsidiary of the Singaporean government-controlled investment ...