News
Material Litigation
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description |
QL RESOURCES BERHAD ("QLR" OR "THE COMPANY") 1) ARBITRATION COMMENCED BY QL OIL SDN BHD ("QLO") AGAINST HANG TING PTE LTD ("HT"), AND PT. PIPIT CITRA PERKASA ("PCP")("ARBITRATION"); AND 2) MATERIAL LITIGATION COMMENCED BY PT PIPIT MUTIARA INDAH, CHIA SEONG FATT, AND QL MUTIARA (S) PTE LTD AGAINST PCP, JULIET KRISTIANTO LIU, AND KRISTIANTO KANDI SAPUTRO ("SUIT 982"). |
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We refer to the announcement dated 3 August 2023 in relation to the Arbitration. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein. We also refer to the announcements dated 1 December 2021, 6 December 2021, 9 December 2021, and 12 September 2023 in respect of the Suit 982. Unless otherwise defined, the definitions set out in the previous announcements shall also apply herein. QLR wishes to announce that on 6 March 2026, QLO, HT and PCP had entered into a Settlement Agreement, of which the details of the announcement are annexed herein.
This announcement is dated 6 March 2026. |
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Announcement Info
| Company Name | QL RESOURCES BERHAD |
| Stock Name | QL |
| Date Announced | 06 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04032026-00008 |
Attachments
- QL_Oil_-_Settlement_Agmt_Ann.pdf (Size: 176,434 bytes)