Airport to give free stock

    Shanghai International Airport Co, which owns two of China"s biggest air terminals, said its major shareholder will give free stock and warrants to small investors as compensation for releasing its stake for public trading. Shanghai Airport Authority will grant holders of its listed unit"s tradable stock 0.8 share and 7.5 put warrants for every 10 held, Shanghai International Airport said in a statement to the Shanghai stock exchange Sunday. Shanghai Airport Authority holds 60.72 percent of the company as non- tradable shares.

Source: BLOOMBERG

    http://www.thestandard.com.hk/news_detail.asp?we_cat=10&art_id=9447&sid=6173046&con_type=1&d_str=20060109

机场将给予送股

    上海国际机场公司拥有中国最大的两个航空终点站，它表示它的大股东将给予小的投资者以免费股份和权证，以将其股票从非流通股变为流通股。上海国际机场周日在上海证券交易所的公告中表示上海机场(行情,论坛)集团同意向非流通股股东按照每10股流通股获得0.8股股份及7.5份人故权证的比例支付对价。上海机场(行情,论坛)集团持有该公司60.72％的股份，属于非流通股。