Air­line buys ma­jor­ity share of KTL Int’l

China Daily (Hong Kong) - - BUSINESS -

HNA bought 98.3 mil­lion shares of KTL In­ter­na­tional on Dec 13, ac­cord­ing to dis­clo­sure fil­ing to Hong Kong Stock Ex­change. HNA didn’t hold any shares of KTL be­fore the trans­ac­tion. The pur­chase is worth HK$595 mil­lion ($76.6 mil­lion), based on Bloomberg cal­cu­la­tions.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.