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Circular To Shareholders In Relation To Part A (i) Proposed Bonus Issue Of 249,605,886 New Ordinary Shares Of RM0.25 Each In QL Resources Berhad ("QL") ("QL Share(s)" Or "Share(s)") ("Bonus Share(s)") On The Basis Of Three (3) Bonus Shares For Every Ten (10) Existing QL Shares Held On An Entitlement Date To Be Determined Later ("Entitlement Date") ("Proposed Bonus Issue"); (ii) Proposed Renounceable Rights Issue Of 166,403,924 QL Shares ("Rights Share(s)") On The Basis Of Two (2) Rights Shares For Every Ten (10) Existing QL Shares Held On The Entitlement Date ("Proposed Rights Issue"); And (iii) Proposed Exemption Under Paragraph 16.1 Of Practice Note 9 Of The Malaysian Code On Take-overs And Mergers 2010 To Exempt CBG Holdings Sdn Bhd ("CBG") And Its Parties Acting In Concert With CBG From The Obligation Of Extending A Mandatory Take-over Offer For the Remaining QL Shares Not Already Held By Them Pursuant To The Proposed Rights Issue ("Proposed Exemption") Part B Independent Advice Letter To The Non-interested Shareholders Of QL In Relation To The Proposed Exemption And Notice Of Extraordinary General Meeting

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