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Back23 Oct 2018
Type Announcement
Subject OTHERS
Description

PROPOSED DISPOSAL OF 51 ORDINARY SHARES OF USD1.00 EACH, REPRESENTING 51% OF THE TOTAL ISSUED AND PAID-UP SHARES IN KEMBANG SUBUR INTERNATIONAL LTD. HELD BY KEMBANG SUBUR SDN. BHD., SUBSIDIARY OF QL (THE DISPOSAL)

The Board of Directors of QL Resources Berhad ("QL" or "the Company") wishes to announce that that its subsidiary, Kembang Subur Sdn. Bhd. had on 23 October 2018 enter into a Sale and Purchase Agreement with Hisenor International Limited to dispose fifty one (51) ordinary shares of USD1.00 each,  representing 51% of the total issued and paid up shares in Kembang Subur International Ltd. for a total consideration of USD63,750.00. 

Please refer to the attachment for details of the announcement.

This announcement is dated 23 October 2018.

 


Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 23 Oct 2018
Category General Announcement for PLC
Reference Number GA1-20092018-00068

Attachments

  1. Disposal_of_shs_2018.10.23.pdf (Size: 98,422 bytes)