News

Proposed Acquisition Of 40.51% Equity Interest In Boilermech Sdn. Bhd. By A Wholly Owned Subsidiary Of QL Resources Berhad Namely QL Green Resources Sdn. Bhd. For A Purchase Consideration Of RM29,168,496.00

Type	:	Announcement
Subject	:	Proposed acquisition of 40.51% equity interest in Boilermech Sdn. Bhd. by a wholly owned subsidiary of QL Resources Berhad namely QL Green Resources Sdn. Bhd. for a purchase consideration of RM29,168,496.00
Contents	:	Further to our announcement on 4 October 2010 on the above, we are pleased to inform that QL's wholly-owned subsidiary, QL Green Resources Sdn Bhd (Formerly : Tong Her Marine Products Sdn. Bhd.) pursuant to the Share Acquisition Agreement has on 6 October 2010 completed its acquisition of the 40.51% of Boilermech Sdn. Bhd.