Hubline completes RM14.19mil acquisition of Layang Layang Aerospace


KUCHING: Hubline Bhd is venturing into the aviation industry with the completion of its purchase of a 51% stake in Layang Layang Aerospace Sdn Bhd.

In a statement Wednesday, Hubline said the exercise involved the acquisition of 510,000 ordinary shares representing 51% equity interest in Layang Layang for a total purchase consideration of RM 14.198mil.

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Hubline , Layang Layang Aerospace

   

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