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A) Proposed Renewal Of Share Buy-back Authority; B) Proposed Renewal Of Existing Shareholders Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature And New Shareholders Mandate For Additional Recurrent Related Party Transactions Of A Revenue Or Trading Nature; And C) Proposed Bonus Issue Of Up To 1,216,828,569 New Ordinary Shares In Ql (bonus Share(s)) On The Basis Of 1 Bonus Share For Every 2 Existing Ordinary Shares In Ql Held By The Shareholders Of Ql Whose Names Appear In The Companys Record Of Depositors On An Entitlement Date To Be Determined And Announced Later.

Back29 Jul 2024
Subject A) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY; B) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND NEW SHAREHOLDERS MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND C) PROPOSED BONUS ISSUE OF UP TO 1,216,828,569 NEW ORDINARY SHARES IN QL (BONUS SHARE(S)) ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES IN QL HELD BY THE SHAREHOLDERS OF QL WHOSE NAMES APPEAR IN THE COMPANYS RECORD OF DEPOSITORS ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER.

 

Please refer attachment below.

 


Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 29 Jul 2024
Category Document Submission
Reference Number DCS-26072024-00025

Attachments

  1. QL_Stmt_and_Circular_to_Shareholders_20240729.pdf (Size: 463,944 bytes)