Delay in Despatch of Circular
Air China Ld
17 February 2005
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes no representation as to its accuracy or completeness
and expressly disclaims any liability whatsoever for any loss whatsoever arising
from or in reliance upon the whole or any part of the contents of this
announcement.
AIR CHINA LIMITED
(a joint stock limited company incorporated in the People's Republic of China
with limited liability)
(Stock Code: 753)
Reference is made to the Announcement of the Company published in the newspapers
on 27 January 2005 in connection with the A330-200 Purchase Agreement and the
Transaction contemplated therein, which constitutes a major transaction for the
Company under the Listing Rules. The Company has applied to the Stock Exchange
for an extension of the date for despatch of the Circular to the shareholders of
the Company. The despatch of the Circular will be delayed from 17 February 2005
to a date on or before 4 March 2005.
DELAY IN DESPATCH OF CIRCULAR IN CONNECTION WITH MAJOR TRANSACTION
Reference is made to the announcement of the Company published in the newspapers
on 27 January 2005 in Hong Kong (the 'Announcement') in connection with the
A330-200 Purchase Agreement and the Transaction contemplated therein, which
constitutes a major transaction for the Company under the Listing Rules. Unless
otherwise defined herein or the context otherwise requires, all capitalized
terms used herein shall have the same meanings as defined in the Announcement.
Pursuant to Rules 14.38 and 14.40 of the Listing Rules, a circular that must
contain the information required under the Listing Rules in connection with the
Transaction (the 'Circular') shall be despatched to the shareholders of the
Company within 21 days after publication of the Announcement, namely, on or
before 17 February 2005. As additional time will be required to finalize the
Circular, in particular, the indebtedness information as at 31 December 2004 to
be contained therein, the Company has applied to the Stock Exchange for an
extension of the date for despatch of the Circular to the shareholders of the
Company. The despatch of the Circular will be delayed from 17 February 2005 to
a date on or before 4 March 2005.
CNAHC, which currently directly owns approximately 51.16% of the total issued
share capital of the Company, has approved the Transaction by way of a written
approval pursuant to Rule 14.44 of the Listing Rules. Accordingly no general
meeting for the approval of the Transaction is required.
By order of the Board
Air China Limited
Fan Cheng
Li Man Kit
Joint Company Secretaries
Beijing, 17 February 2005
As at the date of this announcement, the Directors of the Company are Messrs Li
Jiaxiang, Kong Dong, Wang Shixiang, Yao Weiting, Ma Xulun, Cai Jianjiang, Fan
Cheng, Hu Hung Lick, Henry, Wu Zhipan and Zhang Ke.
This information is provided by RNS
The company news service from the London Stock Exchange
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