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China Southern injects RMB 500 million in finance arm

时间:2017-01-04 来源:行者旅游 TripMaster.CN 官网:https://www.tripmaster.cn

China Southern will contribute RMB 170 million, while the parent group will inject 330 million yuan into Southern Airlines Group Finance Company (SAGFC), the Guangzhou-based carrier said in a disclosure on the Hong Kong Exchange.

After the capital increase, China Southern will increase its stake in the financial unit from 21% to 25%, while the group holding 66%.

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