No Data
Hainan Airport Infrastructure intends to acquire approximately 50.19% equity in MEILAN AIRPORT.
China Hainan May 2, 2025 /PR Newswire/ -- On April 30, 2025, Hainan MEILAN INTERNATIONAL AIRPORT Co., Ltd. (hereinafter referred to as "MEILAN AIRPORT", stock code: 0357.HK), Hainan Airport Infrastructure Co., Ltd. (hereinafter referred to as "Hainan Airport", stock code: 600515.SH) and Hainan Airport Infrastructure (Hong Kong) Co., Ltd. issued a joint announcement disclosing Hainan Airport's acquisition of a 50.19% stake in Haikou MEILAN International Airport Limited Liability Company (hereinafter referred to as "the seller") and a possible unconditional mandatory cash offer.
Hong Kong stocks movement | MEILAN AIRPORT (00357) opened over 11% higher as control of the company will change hands to Hainan Airport Infrastructure, proposed to receive a premium of about 10.63% for the full acquisition offer.
MEILAN AIRPORT (00357) opened up over 11%, and as of the time of writing, it has risen by 11.46%, trading at 10.7 Hong Kong dollars with a transaction value of 2.7606 million Hong Kong dollars.
Hainan Airport Infrastructure Makes Offer for 50.19% Stake in Hainan Meilan International Airport
Hainan Airport Infrastructure (600515.SH): Plans to acquire 50.19% of the domestic shares of MEILAN AIRPORT for 2.339 billion yuan, becoming its controlling Shareholder.
Gelonghui reported on April 30 that Hainan Airport Infrastructure (600515.SH) announced that in order to integrate the core transportation infrastructure within the Hainan Free Trade Port region, better safeguard the air gateway, serve the construction of Hainan Free Trade Port, and strengthen, optimize, and expand the company's airport main business for high-quality development, the company plans to acquire 237,500,000 domestic shares of MEILAN AIRPORT held by related party Meilan Limited through share transfer with its own and/or self-raised funds, accounting for 50.19% of the total share capital of MEILAN AIRPORT. This share transfer Trade is based on a comprehensive consideration of the symbol company's historical Operating performance, symbol company's net assets per share, and financial condition.
Hainan Airport: Hainan Airport Facilities Co., Ltd. report for the first quarter of 2025
Announcement of Hainan Airport Facilities Co., Ltd. on the main operating data of the real estate business for the first quarter of 2025
Has Hainan Airport Infrastructure Co., Ltd (SHSE:600515) Stock's Recent Performance Got Anything to Do With Its Financial Health?
