News
Take-overs & Mergers (Chapter 11 Of Listing Requirements)
| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
| Description | QL RESOURCES BERHAD (“QL” OR THE “OFFEROR”) CONDITIONAL TAKE-OVER OFFER BY QL TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN LAY HONG BERHAD (“LHB”) (“LHB SHARES”) NOT ALREADY HELD BY THE OFFEROR (“OFFER SHARES”) (“OFFER”) |
We refer to the offer document dated 15 October 2014 (“Offer Document”) and the previous announcements made in relation to the Offer. On behalf of the Offeror, RHB Investment Bank Berhad wishes to announce that the Offer has closed at 5.00 p.m. (Malaysian time) on Wednesday, 10 December 2014 (“Closing Date”). As at the Closing Date, the Offeror did not receive valid acceptances in respect of the Offer Shares, which would result in the Offeror together with such LHB Shares that are already acquired, held or entitled to be acquired or held, more than 50% of the voting shares or voting rights of LHB pursuant to the Section 17(2), Part VI of the Malaysian Code on Take-over and Mergers, 2010 (“Code”). Accordingly, the Offeror shall return all the LHB Shares which have been transferred into the Central Depository System (CDS) account of the Offeror to the respective holders who have accepted the Offer within fourteen (14) days from the Closing Date. Please refer to the attached press notice for further details. This announcement is dated 10 December 2014. |
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Announcement Info
| Company Name | QL RESOURCES BERHAD |
| Stock Name | QL |
| Date Announced | 10 Dec 2014 |
| Category | General Announcement |
| Reference No | MI-141210-61417 |
Attachments
- Press_Notice_(close_of_offer).pdf (Size: 87,092 bytes)