Island Aviation buys MVR 48M land plot in Hulhumale'

3 days ago

Island Aviation Service Limited (IASL), which recorded a loss of MVR 2.8 million last year alon,e has acquired a MVR 48 million land from Hulhumale’. IASL, which operates the national airline, Maldivian, purchased the MVR 48 million land plot in Hulhumale’ from Housing Development Corporation (HDC). The land plot, measuring 12,481 square feet, is near Central Park. Civil Court concluded the case