Air China Cargo reveals share capital raise, new investors

Air China Cargo (CA, Beijing Capital) is set to undergo a share capital increase which, once completed, will see the introduction of several new shareholders. As previously reported, the freight specialist is in the process of expanding its business scope to include logistics capabilities. A stock market filing said that, on November 9, existing owners the China National Aviation Holding Corporation, Cathay Pacific China Cargo, Fine Star Enterprises, and other investors had agreed to increase the carrier's...
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