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; AND (II) PROPOSED M&A AMENDMENTS. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Company Name

R&A TELECOMMUNICATION GROUP BERHAD(ACE Market) 

Stock Name

RA    

Date Announced

28 Feb 2014 

Category

General Announcement

Reference No

MI-140228-60197

MULTIPLE PROPOSALS R&A TELECOMMUNICATION GROUP BERHAD (“R&A” OR “COMPANY”) (I) PROPOSED PAR VALUE REDUCTION; AND (II) PROPOSED M&A AMENDMENTS. (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; AND
(II) PROPOSED M&A AMENDMENTS.

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

 

(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the previous announcements in relation to the Proposals, where applicable, unless stated otherwise or defined herein)

Reference is made to the announcements dated 26 November 2013, 3 January 2014 and 28 January 2014 in relation to the Proposals.

On behalf of the Board of Directors of R&A, KAF Investment Bank Berhad wishes to announce that the High Court of Malaya at Kuala Lumpur had on 28 February 2014, granted an order confirming the Proposed Par Value Reduction pursuant to Section 64 of the Companies Act, 1965 (“Court Order”).

The sealed copy of the Court Order will be extracted and an office copy of the Court Order will be lodged with the Companies Commission of Malaysia for the Proposed Par Value Reduction to take effect.

The effective date of the Proposed Par Value Reduction will be announced in due course.

 

This announcement is dated 28 February 2014.

 

 

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