Cathay Pacific completes buyback of warrants worth HK$1.53 billion to Hong Kong government

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SEOUL : Airline Cathay Pacific has completed the buyback of all warrants worth HK$1.53 billion ($196.2 million) issued to the Hong Kong government in 2020 as part of a recapitalisation, the company said on Friday.($1 = 7.

A Cathay Pacific Airbus A350 aircraft is seen in Hong Kong International Airport, in Hong Kong, China September 3, 2024.

Cathay Pacific completes buyback of warrants worth HK$1.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaHong Kong

Topics: Kong Warrants Worth Hk$1 Pacific Cathay Buyback Completes Mediacorp 2024 Hong

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 12:43:30 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 133 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22483240

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