Summary by Moomoo AI
Hainan Meilan International Airport Co., Ltd. announced plans to issue no more than 78 million new Listed in Hong Kong shares, expecting to raise approximately 6.363 billion yuan. After the issuance is completed, the total number of the company's Listed in Hong Kong shares will increase to 0.16 billion shares, accounting for 50.19% of the expanded issued share capital. The controlling shareholder, Haikou Meilan International Airport Co., Ltd., will see its shareholding ratio decrease from 64.97% to 47.76%, but will still maintain a controlling position.The funds raised will be used for the airport expansion and renovation project, repaying bank loans, and supplementing working capital. Approximately 3.671 billion yuan (57.69%) will be allocated to the Meilan Airport Phase II expansion project, while around 2.692 billion yuan (42.31%) will be...Show More