Edition:
United Kingdom

Swire Pacific Ltd (0019.HK)

0019.HK on Hong Kong Stock

87.00HKD
16 Nov 2018
Change (% chg)

HK$0.40 (+0.46%)
Prev Close
HK$86.60
Open
HK$86.80
Day's High
HK$87.10
Day's Low
HK$86.20
Volume
1,111,618
Avg. Vol
1,283,589
52-wk High
HK$92.00
52-wk Low
HK$71.85

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Mon, Jun 11 2018

UPDATE 2-Swire in second attempt to take HAECO private, offers 64 pct premium

* Offer price 31 pct lower than failed 2010 bid (Recasts, adds 2010 bid and analyst comment)

Swire offers 64 percent premium to take aircraft maintenance unit HAECO private

HONG KONG Cathay Pacific Airways Ltd shareholder Swire Pacific Ltd said it plans to take maintenance unit Hong Kong Aircraft Engineering Co Ltd private for about HK$3 billion ($382 million), citing low levels of trade in its shares.

Swire Pacific offers to take HAECO private for $382 mln

HONG KONG, June 11 Swire Pacific Ltd said it planned to take unit Hong Kong Aircraft Engineering Co Ltd (HAECO) private for about HK$3 billion ($382 million), as low liquidity meant HAECO's listing was no longer a worthwhile source of funding.

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