R&A Telecommunication Group Bhd
+603 55691801 +603 55695730

MATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - LETTER OF DEMAND IN RELATION TO DAMAGE DONE TO CABEL 33kV AT PMU AIR TERJUN TO PPU BATU FERINGGHI AND PPU TANJUNG BUNGAH TO PPU PULAU TIKUS ON 12 OCTOBER 2013 AMOUNTING TO RM568,077.30

Company Name

R&A TELECOMMUNICATION GROUP BERHAD(ACE Market) 

Stock Name

RA    

Date Announced

19 May 2014 

Category

General Announcement

Reference No

CS-140516-52063

 

MATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - LETTER OF DEMAND IN RELATION TO DAMAGE DONE TO CABEL 33kV AT PMU AIR TERJUN TO PPU BATU FERINGGHI AND PPU TANJUNG BUNGAH TO PPU PULAU TIKUS ON 12 OCTOBER 2013 AMOUNTING TO RM568,077.30

 

Admission Sponsor

Public Investment Bank Bhd

Sponsor

TA Securities Holdings Bhd

 

Type

Announcement

Subject

MATERIAL LITIGATION

Description

R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - LETTER OF DEMAND IN RELATION TO DAMAGE DONE TO CABEL 33kV AT PMU AIR TERJUN TO PPU BATU FERINGGHI AND PPU TANJUNG BUNGAH TO PPU PULAU TIKUS ON 12 OCTOBER 2013 AMOUNTING TO RM568,077.30

 

The Company wishes to announce that its wholly-owned subsidiary, R & A Telecommunication Sdn. Bhd. ("RATSB"), had on 15 May 2014 received a Letter of Demand (“Demand”) dated 9 May 2014 from Messrs. Idris & Associates, acting for and on behalf of Tenaga Nasional Berhad (“TNB”), demanding payment of a sum of RM568,077.30 for the damage done to cabel 33kV at PMU Air Terjun to PPU Batu Feringghi and PPU Tanjung Bungah to PPU Pulau Tikus during construction work at those sites.   

R&A is in the midst of seeking legal advice to defend against the aforesaid Demand. There is no material operation impact arising from the Demand, whilst the financial impact resulting from the Demand would be the expected losses of RM568,077.30 pursuant to the Demand.  

This announcement is dated 19 May 2014.

 

 

 

GROWTH

R&A is aggressively expanding not only in the local Malaysian market.....
More

DIVERSIFY

R&A’s diversification & expansion.....

More

CLIENT

R&A has a solid background and reputation with Operators and MNC vendors.....
More