Sin-Kung Logistics enters air cargo business with RM20.7mil purchase of Prima Air


Alan Ong, managing director of Sin-Kung Logistics

KUALA LUMPUR: Sin-Kung Logistics Bhd has inked a deal to acquire the entire equity interest in aircraft leasing firm Prima Air Sdn Bhd, for RM20.7mil cash.

In a filing with Bursa Malaysia, the group said the share sale agreement was signed with the husband and wife owners of Prima Air, Tan Sri Halim Mohammad and Puan Sri Mazmin Noordin.

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