Proposed Acquisition Of 51% Equity Interest In Pilihan Mahir Sdn. Bhd. By A Subsidiary Of QL Resources Berhad Namely, QL Endau Marine Products Sdn. Bhd. For A Purchase Consideration Of RM500,000.00 ("Proposed Acquisition")
Proposed acquisition of 51% equity interest in Pilihan Mahir Sdn. Bhd. by a subsidiary of QL Resources Berhad namely, QL Endau Marine Products Sdn. Bhd. for a purchase consideration of RM500,000.00 ("Proposed Acquisition")
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Reference is made to the Company's announcement dated 11 January 2011. Further to the said announcement, the Board of Directors’ wishes to announce that the Proposed Acquisition is not subject to the Company's shareholders' approval.