News
Transactions (Chapter 10 Of Listing Requirements):Recurrent Related Party Transactions
| Type | Announcement | ||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
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| Description | Announcement in connection with the deviation of 10% or more of the estimated and actual value of recurrent related parties transactions. | ||||||||
The Board of Directors of QL Resources Berhad (“QL” or “the Company”) wishes to announce that the actual value of the recurrent related party transactions of a revenue or trading nature (“RRPT”) transacted by its subsidiaries, namely QL Livestock Farming Sdn. Bhd. as at 30 June 2012 have exceeded the estimated value by 10% or more. The details of the aforesaid transaction are as stated in the table below. The shareholders’ mandate for the abovementioned RRPT which had been obtained on 23 August 2011 is expiring at the Company’s forthcoming annual general meeting held to be held in August 2012 unless and otherwise renewed. (i) Sales of animal feeds by QL Livestock Farming Sdn. Bhd. to Green Breeder Sdn. Bhd.
This announcement is dated 17 July 2012. |
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Announcement Info
| Company Name | QL RESOURCES BERHAD |
| Stock Name | QL |
| Date Announced | 17 Jul 2012 |
| Category | General Announcement |
| Reference No | QR-120717-55293 |