Summary by Moomoo AI
CHINA INTERNATIONAL AIRLINES CO., LTD. (CHINA AIRLINES) ANNOUNCED THAT AN INTERIM GENERAL MEETING WILL BE HELD ON 26 JANUARY 2024, WHICH WILL INCLUDE THE ISSUANCE OF NEW A SHARES AND H SHARES TO CERTAIN SUBJECTS. The purpose of this issuance of A Shares and H Shares is to introduce 17 aircraft and replenish liquidity, with a total capital raising of not more than RMB60 billion and HK$20 billion. The China Group Company will subscribe for the new A shares, while China Limited will subscribe for the new H shares and pledge that the shares will not be transferred within 36 months. In addition, the Company's directors, senior management personnel and the controlling shareholder of China Airlines Group have made a commitment to ensure that the immediate return measures are fulfilled in practice. The General Meeting will vote on the above resolutions.