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

MULTIPLE PROPOSALS R&A TELECOMMUNICATION GROUP BERHAD (“R&A” OR “COMPANY”) (i) PROPOSED RIGHTS ISSUE OF SHARES WITH NEW WARRANTS; (ii) PROPOSED RIGHTS ISSUE OF ICULS; (iii) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF R&A; AND (iv) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF R&A. (COLLECTIVELY, REFERRED TO AS THE “PROPOSALS”)

 

Company Name

R&A TELECOMMUNICATION GROUP BERHAD(ACE Market) 

Stock Name

 

Date Announced

1 Aug 2014

Category

General Announcement

Reference No

MI-140801-61393

MULTIPLE PROPOSALS R&A TELECOMMUNICATION GROUP BERHAD (“R&A” OR “COMPANY”) (i) PROPOSED RIGHTS ISSUE OF SHARES WITH NEW WARRANTS; (ii) PROPOSED RIGHTS ISSUE OF ICULS; (iii) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF R&A; AND (iv) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF R&A. (COLLECTIVELY, REFERRED TO AS THE “PROPOSALS”)

Type

Announcement

Subject

MULTIPLE PROPOSALS

Description

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

(i) PROPOSED RIGHTS ISSUE OF SHARES WITH NEW WARRANTS;

(ii) PROPOSED RIGHTS ISSUE OF ICULS;

(iii) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF R&A; AND

(iv) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF R&A.

(COLLECTIVELY, REFERRED TO AS THE “PROPOSALS”)

We refer to the Company’s announcement dated 16 April 2014 and its previous announcements in relation to the Proposals.

On behalf of the Board of Directors of R&A, KAF Investment Bank Berhad wishes to announce that the Securities Commission Malaysia had, vide its letter dated 31 July 2014, approved the proposed issuance of the ICULS pursuant to the Proposed Rights Issue of ICULS under subsection 214(1) of the Capital Markets & Services Act, 2007.

Prior to the issuance of the ICULS, KAF Investment Bank Berhad is required to submit a checklist of compliance with the standard conditions and continuing obligations as stipulated in the Guidelines on Private Debt Securities and any other condition imposed in any other letter issued in connection with the Proposed Rights Issue of ICULS.

This announcement is dated 1 August 2014.

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