News

Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

Back20 Dec 2018
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

PROPOSED ACQUISITION OF LANDS BY WHOLLY-OWNED SUBSIDIARIES OF QL FROM RELATED PARTIES

The Board of Directors of QL wishes to announce that its wholly-owned subsidiaries of QL, has today, entered into a Sale and Purchase Agreement  with the respective related parties to acquire lands for a total cash consideration of RM48,698,000 ("Proposed Acquisitions").

 

The details of the Proposed Acquisitons are set out in the attachment below.

 


Announcement Info

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 20 Dec 2018
Category General Announcement for PLC
Reference Number GA1-20122018-00090

Attachments

  1. Ann_(RPTs).pdf (Size: 203,470 bytes)