HLCL - What does HLCL stand for? The Free Dictionary
References in periodicals archive
As per the HOA, SSSB and SMSB shares would be transferred to a special purpose vehicle (SPV), which would be collectively owned by HLCL, RLSB, and Ebony Ritz Sdn Bhd (ERSB).
Asia Bioenergy will also acquire the entire equity stake of the SPV by issuing shares to HLCL, RLSB and ERSB.
Tan said under the agreement, the stocks in SSSB and SMSB will be transferred to a Special Purpose Vehicle (SPV) jointly held by HLCL
, Ebony Ritz Sdn Bhd and RLSB, and would finally be acquired by AsiaBio through stocks swap worth around RM16mil.