News

Take-Overs & Mergers (PARAGRAPH/RULE 9.19 (47A))

Back08 Dec 2020
Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description

QL RESOURCES BERHAD ("QL" OR THE "COMPANY")

CONDITIONAL MANDATORY TAKE-OVER OFFER ("OFFER")

-DISCLOSURE REQUIREMENTS UNDER PARAGRAPH 19.04 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITION ("RULES")

 

We refer to the Company’s earlier announcement dated 3 December 2020 in relation to the Offer. Unless otherwise stated, the terms used herein shall have the same meaning as those defined in the said announcement. 

 

Pursuant to Paragraph 19.04 of the Rules, on behalf of the Board of Directors of QL, UOBKH wishes to announce that the Offeror, a wholly-owned subsidiary of QL, has dealt in the shares of the Offeree on 8 December 2020.

 

The details of the dealings are as follows:

 

 

Name Nature of transaction Quantity Average Price*
      RM
QLGR Acquisition of shares 200,000 0.95

 

Note:

*  Exclude brokerage and other incidental costs

 

This announcement is dated 8 December 2020.




Announcement Info

 

Company Name QL RESOURCES BERHAD
Stock Name QL
Date Announced 08 Dec 2020
Category General Announcement for PLC
Reference Number GA1-08122020-00112