Airwork delists following Chinese buyout

Airwork delists following Chinese buyout

21-Nov-2017 Source: HeliHub.com

New Zealand operator Airwork was last week de-listed from the NZX stock market.  The company, well known for its BK117 upgrades, has been subject of a gradual take-over by Zhejiang Rifa Holding from China.  The new owner has gradually built up their percentage holding over a year, and has now reach a point where they have full ownership and the listing is no longer relevant, reports New Zealand Herald.

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