BEIJING: Hainan Airlines Holding Co is seeking to sell shares listed in Shanghai to investors including a unit of Singapore’s sovereign investment fund Temasek Holdings Pte, according to a statement to the stock exchange on Saturday.
The air carrier said it plans to raise as much as 7 billion yuan (US$1.09bil) by selling as much as 20% of its shares to no more than 10 investors, including Temasek Fullerton Alpha Pte Ltd.
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