News
Bonus Issue
| Entitlement subject | Bonus Issue |
| Entitlement description |
Bonus Issue of up to 811,219,129 new ordinary shares in QL Resources Berhad ("QL") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 2 existing ordinary shares in QL held as at 5:00pm on 15 October 2020 ("Entitlement Date") ("Bonus Issue") |
| Shareholder's Approval | Yes |
| Ex-Date | 14 Oct 2020 |
| Entitlement date | 15 Oct 2020 |
| Entitlement time | 5:00 PM |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 15 Oct 2020 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) |
811,219,129 |
| Entitlement indicator | Ratio |
| Par Value (if applicable) | |
| Securities Entitlement | |
| Company Name |
QL RESOURCES BERHAD |
| Entitlement |
Ordinary Shares |
| Ratio (New : Existing) | 1.0000 : 2.0000 |
| Available/Listing Date | 16 Oct 2020 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
Remarks :
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 16 October 2020, being the next market day after the Entitlement Date.
QL's share registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders whose names appear in the Record of Depositors of QL on the Entitlement Date within 4 market days after the date the Bonus Shares are listed and quoted on the Main Market of Bursa Securities.
This announcement is dated 29 September 2020.
Announcement Info
| Company Name | QL RESOURCES BERHAD |
| Stock Name | QL |
| Date Announced | 29 Sep 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-28092020-00017 |
| Corporate Action ID | MY200928BONU0001 |