China Southern funds injection, Cebu Pacific IPO and Jet Airways placement: Updates
Shares in China Southern Airlines will resume trading today (09-Mar-2010) following the announcement that the carrier plans to raise USD1.57 billion in funds through the non-public issuance of A Shares and H Shares, as part of efforts to reduce the company's gearing ratio, improve its capital structure and enhance its ability to mitigate risk.
