KUALA LUMPUR: Hubline Bhd’s 51%-owned subsidiary, Layang Layang Aerospace Sdn Bhd (LLA) has secured a RM25.67mil contract to provide helicopter and fixed wing rental services.
In a statement, Hubline said the helicopter and fixed wing rental services was for use at the General Election (GE) of the 12th Sarawak State Assembly (DUN) by the Malaysian Election Commission.
Hubline said that LLA had earlier been invited by Election Commission to bid for this tender contract in preparation of the next GE, and have now been informed of their success.
However, due to the uncertainties of when the next GE can take place due to the current pandemic, this contract spans 24 months, from Aug 26, 2021 to Aug 25, 2023.
According to the contract, LLA will be responsible to provide helicopter and fixed wing aircrafts inclusive of the aviation operations supplies and equipment; aircraft and crew preparation; and implementation of flight schedules and operations.
LLA will also be required to implement the Professional Training and Education for Growing Entrepreneurs (PROTEGE) program as set by the Government and approved by the PROTEGE Secretariat.
“The board of directors of the company is of the opinion that the acceptance of the contract is in the best interest of the company.
“The contract is expected to contribute positively towards the earnings of Hubline Group for the financial year ending Sept 30, 2022 and/or2023 whichever period the GE is held,” Hubline said.