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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

18 Mar 2016

Category

General Announcement for PLC

Reference Number

GA1-18032016-00071

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - WINDING-UP PETITION SERVED ON R&A METALS SDN. BHD. ("RMSB"), A WHOLLY OWNED SUBSIDIARY OF R&A ("WINDING-UP PETITION") BY YICK HOE FERROUS STEEL SDN. BHD. ("YHFS" OR "PETITIONER") PURSUANT TO SECTION 217(1)(b) AND 218(1)(e) OF THE COMPANIES ACT, 1965 -KUALA LUMPUR HIGH COURT COMPANIES WINDING-UP PETITION NO. WA-28NCC-36-01/2016

Type

Announcement

Subject

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Description

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

- WINDING-UP PETITION SERVED ON R&A METALS SDN. BHD. ("RMSB"), A WHOLLY OWNED SUBSIDIARY OF R&A ("WINDING-UP PETITION") BY YICK HOE FERROUS STEEL SDN. BHD. ("YHFS" OR "PETITIONER") PURSUANT TO SECTION 217(1)(b) AND 218(1)(e) OF THE COMPANIES ACT, 1965

-KUALA LUMPUR HIGH COURT COMPANIES WINDING-UP PETITION NO. WA-28NCC-36-01/2016

Further to the Company's announcements dated 18 January 2016 and 19 January 2016 in relation to the Winding-Up Petition served on RMSB by YHFS, the Board of Directors of R&A (“Board”) wishes to announce that RMSB had on 17 March 2016 been served a sealed winding-up order dated 10 March 2016 by Messrs. Balraj and Goh, the solicitors acting for the Petitioner (“the Order”).

The particulars of the Order are as follows:-

The circumstances leading to the Order against RMSB was due to default of outstanding payment of RM70,893.51 owing to the Petitioner for goods sold and delivered and/or services rendered to RMSB at RMSB’s request.

The Board is seeking the necessary legal advice to remedy this situation. Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 18 March 2016.

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