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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

01 Dec 2015

Category

General Announcement for PLC

Reference Number

GA1-01122015-00043

MATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - SHAH ALAM HIGH COURT SUIT NO. 22M-19-09/2015 ("HIGH COURT"): WRIT OF SUMMONS TOGETHER WITH STATEMENT OF CLAIM ("CLAIM") FILED BY MAYBANK ISLAMIC BERHAD ("MAYBANK"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB") A WHOLLY OWNED SUBSIDIARY OF RA ("1ST DEFENDANT"); R&A TELECOMMUNICATION GROUP BERHAD ("2ND DEFENDANT"); AND MR. FRANCIS TAN HOCK LEONG ("3RD DEFENDANT").

Type

Announcement

Subject

MATERIAL LITIGATION

Description

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

 - SHAH ALAM HIGH COURT SUIT NO. 22M-19-09/2015 ("HIGH COURT"): WRIT OF SUMMONS TOGETHER WITH STATEMENT OF CLAIM ("CLAIM") FILED BY MAYBANK ISLAMIC BERHAD ("MAYBANK"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB") A WHOLLY OWNED SUBSIDIARY OF RA ("1ST DEFENDANT"); R&A TELECOMMUNICATION GROUP BERHAD ("2ND DEFENDANT"); AND MR. FRANCIS TAN HOCK LEONG ("3RD DEFENDANT").

Further to the Company’s announcements dated 16 October 2015  and 21 October 2015 in relation to the above matter, the Board of Directors of RA wishes to inform that Maybank Islamic Berhad ("Maybank") has obtained Judgments against R&A Telecommunication Sdn. Bhd. ("RASB") a wholly owned subsidiary of RA ("1st Defendant"); R&A Telecommunication Group Berhad ("2nd Defendant"); and Mr. Francis Tan Hock Leong ("3rd Defendant"), for the sum of RM30,543,050.52 together with profit and ta'widh or late payment charge at the respective rates from 1 August 2015 until the date of full payment and costs.

This announcement is dated 1 December 2015.

GROWTH

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

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

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CLIENT

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