HLIB disposes of HLI Trading Ltd for RM36mil

[ KUALA LUMPUR: Hong Leong Industries Bhd (HLIB) is disposing of its entire equity interest in HLI Trading Ltd (HLIT) to Guoline International Ltd for RM36.22mil. In a filing with Bursa Malaysia, HLIB said the disposal of HLIT will enable HLIB to streamline its offshore non-operating company. “The proceeds will be placed with financial institutions … Read more