LBC acquires 100% of 4 US affiliates

By REICELENE JOY IGNACIO

Mar 08, 2018 9:14 pm

LBC Express Holdings Inc announced that its board has approved the acquisition of all the shares of its affiliates in the United States, particularly in Saipan, New Jersey, California and Hawaii, from an affiliate company.

LBC Express said it acquired 120,000 shares of its Saipan-based LBC Mabuhay Saipan Inc priced at $1.73 per share or for a total value of $207,652.

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