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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

19 Nov 2015

Category

General Announcement for PLC

Reference Number

GA1-18112015-00065

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS

Type

Announcement

Subject

PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS

Description

R&A TELECOMMUNICATION GROUP BERHAD ("RA" OR "THE COMPANY")

-APPLICATION FOR AN EXTENSION OF TIME TO APPOINT A SPONSOR

For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 5 May 2015 in relation to GN3, where applicable, unless stated otherwise or defined herein.

Further to the previous Company’s announcement dated 2 October  2015 in relation to the application for a further extension of time to appoint a sponsor, the Board of Directors of RA wishes to inform that Bursa Securities, had via a letter dated 18 November 2015, decided to grant the Company an extension of time up to 4 December 2015 to appoint a Sponsor.

The aforesaid extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of RA and to de-list the Company in the event:

(i) the Company fails to appoint a Sponsor on or before 4 December 2015;

(ii) the Company fails to submit a regularisation plan to Bursa Securities on or before 4 May 2016;

(iii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and

(iv) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any of the events set out in (i) to (iv) above, Bursa Securities shall suspend the trading of the listed securities of RA on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.

This announcement is dated 19 November 2015.

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