Hubline positive on shipping business

KUCHING: Hubline Bhd expects its dry bulk shipping business to remain encouraging and its aviation business to continue perform well in the final quarter of the financial year ending Sept 30, 2022 (Q42022). This is despite the downward pressure on shipping freight rates, the company said in releasing its latest quarterly results, which saw improvement […]

Hubline raises another RM4.02 mln from private placement

KUCHING: Hubline Bhd has raised an additional RM4.02 million from the second tranche private placement exercise. The company placed out 108,603,000 new ordinary shares priced at RM0.037 each under the second tranche, it said in a filing with Bursa Malaysia. With the latest issuance of new shares, Hubline’s total number of shares has ballooned to […]