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.