Lulutai Airlines Ltd. sold new share issue to Retirement Fund Board
Tuesday, March 19, 2024 - 17:39
The government-owned Lulutai Airlines Limited sold a new issue of shares to the Retirement Fund Board in August last year, a recent filing with the Tonga Business Registry reveals. To raise capital the airline issued 784,314 additional ordinary shares to the Retirement Fund Board (27%) and brought in two new directors to the company.
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