Logistics operator Hubline to buy 75% stake in APSB for RM16.36mil


KUALA LUMPUR: Logistics operator, Hubline Bhd, is proposing to acquire a 75% stake in Absolute Privilege Sdn Bhd (APSB) for RM16.36mil.

In a filing with Bursa Malaysia, Hubline said it entered into a shares sale agreement with one of APSB’s directors, Pau Chiong Ching, for the proposed acquisition of 1.5 million APSB shares yesterday.

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