News

New Issue Of Securities (Chapter 6 Of Listing Requirements) : Bonus Issues

Back22 Jul 2024
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description QL RESOURCES BERHAD ("QL" OR THE "COMPANY")
PROPOSED BONUS ISSUE OF SHARES

We refer to the announcements dated 10 July 2024 and 12 July 2024 in relation to the Proposed Bonus Issue of Shares. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 22 July 2024, resolved to approve the listing of and quotation for up to 1,216,828,569 Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares.

The approval granted by Bursa Securities for the Proposed Bonus Issue of Shares is subject to the following:-

  1. QL and UOBKH must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Shares;
  2. QL is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the extraordinary general meeting approving the Proposed Bonus Issue of Shares;
  3. QL and UOBKH are required to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Shares;
  4. QL is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue of Shares is completed; and
  5. QL and UOBKH are required to make the relevant announcements in accordance with Paragraphs 6.35(2)(a)&(b) and 6.35(4) of the Listing Requirements.

This announcement is dated 22 July 2024.


Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 22 Jul 2024
Category General Announcement for PLC
Reference Number GA1-22072024-00043