Frontier Services Group (HK:0500) has released an update.
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Frontier Services Group Limited has announced the sale of a Cessna Citation C680 Sovereign business jet to Roundle Aviation Limited for US$4 million, in a transaction considered discloseable under the Listing Rules. The deal, conducted after trading hours on 21 May 2024, was based on an arm’s length negotiation reflecting the aircraft’s condition and market value.
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