News
Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
Back15 Dec 2016
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description |
PROPOSED ACQUISITION BY PT. QL AGROFOOD, A WHOLLY-OWNED SUBSIDIARY OF QL OF A BREEDING FARMING BUSINESS FROM A RELATED PARTY, NAMELY, PT. QL TRIMITRA FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY RM39,211,250.50 |
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The Board of Directors of QL wishes to announce that PT. QL Agrofood, a wholly-owned subsidiary of QL, has today, entered into a Sale and Purchase Agreement with PT. QL Trimitra for the proposed acquisition of a breeding farming business for a total cash consideration of approximately RM39,211,250.50 ("Proposed Acquisition"). The details of the Proposed Acquisiton are set out in the attachment below. |
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Announcement Info
| Company Name | QL RESOURCES BERHAD |
| Stock Name | QL |
| Date Announced | 15 Dec 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14122016-00053 |
Attachments
- Bursa_Ann-RPT.pdf (Size: 79,025 bytes)