News

The Board of Directors of QL Resources Berhad ("QLR" or "the Company") wishes to announce that QL Lian Hoe (S) Pte Ltd ("QLLHS") (Co. Registration No. 200004556E), a wholly-owned subsidiary of QLR has convened an Extraordinary General Meeting on 7 July 2023 (“EGM”) on matters relating to members' voluntary winding up in accordance with the relevant sections of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 (“Winding Up”).

QLLHS is a private limited company incorporated in Singapore and its principal activity is investment holding. The board of directors have no intention to further carry out any operational activities going forward.

Mr Victor Goh and Mr Khor Boon Hong, c/o Baker Tilly of 600 North Bridge Road, #05-01 Parkview Square, Singapore 188778 have been appointed as the Liquidators (the “Liquidators”) of QLLHS on 7 July 2023 vide the EGM.

The Winding Up of QLLHS and the appointment of the Liquidators will not have any financial and operational impact on QLR and its Group for the financial year ending 31 March 2024.

None of the Directors and/or major shareholders of QLR and/or persons connected with them have any interest, direct or indirect in the Winding Up of this subsidiary.

This announcement is dated 7 July 2023.