Reported 9 months ago
EVA Air announced at a press conference today that the board has approved the acquisition of shares in subsidiaries EVA Catering, EVA Air Kitchen, and EVA Air Cargo, from its affiliate EVA International, with total investments not exceeding 30 billion NTD. This move is seen as a step towards reducing the family control of EVA International and expanding its business boundaries. The decision was based on long-term strategic considerations, positive business outlook, and the ongoing fleet expansion. More updates on financial news and market trends available.
Source: YAHOO