Bonus Issue
| QL RESOURCES BERHAD |
|
EX-date | 26/01/2010 |
| Entitlement date | 28/01/2010 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus Issue of up to 66,000,000 new ordinary shares of RM0.50 each in QL Resources Berhad ("QL")(“QL Shares”), credited as fully paid-up, on the basis of one (1) new QL Share for every five (5) existing QL Shares held ("Bonus Issue") |
| Period of interest payment | to |
| Financial Year End | 31/03/2010 |
| Share transfer book & register of members will be | 28/01/2010 to 28/01/2010 closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Bina Management (M) Sdn Bhd Lot 10, The Highway Centre, Jalan 51/205, 46060 Petaling Jaya. Tel No: 03 - 7784 3922 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 28/01/2010 |
| 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) | |
| Entitlement indicator | Ratio |
| Ratio | 1 : 5 |
| Rights Issues/Offer Price | |
| Remarks : |
| Based on the issued and paid-up share capital of QL as at 30 September 2009 of RM165,000,000 comprising 330,000,000 QL Shares and assuming all the treasury shares in QL are resold at the cost of acquisition, on or prior to the Entitlement Date (as define herein) for the Bonus Issue, the Bonus Issue will now entail the issuance of up to 66,000,000 Bonus Shares, credited as fully paid-up, on the basis of one (1) Bonus Share for every five (5) existing QL Shares held as at 5:00p.m. on 28 January 2010 (“Entitlement Date”). The actual number of Bonus Shares to be issued would depend on the issued and paid-up share capital of QL after taking into consideration the treasury shares held by QL as at the Entitlement Date. The date of listing of and quotation for the Bonus Shares to be issued on the Main Market of Bursa Malaysia Securities Berhad will be at 9:00a.m. on 29 January 2010, being the market day immediately following the Entitlement Date. Bina Management (M) Sdn Bhd, the Registrar of QL, will issue and despatch the Notice of Allotment to all entitled shareholders by 4 February 2010. This announcement is dated 8 January 2010. |
Announcement Info
| Company Name | QL RESOURCES BERHAD |
| Stock Name | QL |
| Date Announced | 8 Jan 2010 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-100106-45085 |