R&A Telecommunication Group Bhd
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MULTIPLE PROPOSALS R&A TELECOMMUNICATION GROUP BERHAD (“R&A” OR “COMPANY”) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED M&A AMENDMENTS; AND (III)PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Company Name

R&A TELECOMMUNICATION GROUP BERHAD(ACE Market) 

Stock Name

 RA

Date Announced

19 Dec 2013

Category

General Announcement

Reference No

MI-131219-55755

MULTIPLE PROPOSALS R&A TELECOMMUNICATION GROUP BERHAD (“R&A” OR “COMPANY”) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED M&A AMENDMENTS; AND (III)PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Type

Announcement

Subject

MULTIPLE PROPOSALS

Description

R&A TELECOMMUNICATION GROUP BERHAD (“R&A” OR “COMPANY”)

(I) PROPOSED PAR VALUE REDUCTION;
(II) PROPOSED M&A AMENDMENTS; AND
(III)PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to our announcement dated 26 November 2013 in relation to, inter-alia, the proposed private placement of up to 96,686,260 new ordinary shares of RM0.05 each in R&A representing up to ten percent (10%) of the Company, to be issued to investor(s) to be identified at an issue price to be determined and announced later after the implementation of the proposed par value reduction exercise (“Proposed Private Placement”).

On behalf of the Board of Directors of R&A, KAF Investment Bank Berhad wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad on 19 December 2013.

This announcement is dated 19 December 2013.

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