News

New Issue Of Securities (Chapter 6 Of Listing Requirements):Fund Raising

Back19 Mar 2014
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description QL RESOURCES BERHAD ("QL" OR THE "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF 166,403,924 NEW ORDINARY SHARES OF RM0.25 EACH IN QL ("QL SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM1.80 PER QL SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY TEN (10) EXISTING QL SHARES HELD BY OUR SHAREHOLDERS AS AT 5.00 P.M. ON 14 FEBRUARY 2014 ("RIGHTS ISSUE")

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the Abridged Prospectus issued by QL dated 14 February 2014 in relation to the Rights Issue. 

We refer to the previous announcements in relation to the Rights Issue. 

On behalf of the Board, RHB Investment Bank is pleased to announce that QL has completed the Rights Issue following the listing of and quotation for the 166,403,924 Rights Shares on the Main Market of Bursa Securities at 9.00 a.m. today.

This announcement is dated 19 March 2014.

 


Announcement Info

Company Name QL RESOURCES BERHAD  
Stock Name QL    
Date Announced 19 Mar 2014  
Category General Announcement
Reference No MI-140319-34034