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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

29 Mar 2016

Category

General Announcement for PLC

Reference Number

GA1-29032016-00027

WATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - SHAH ALAM HIGH COURT ORIGINATING SUMMONS NO. 24MFC-318-11/2015: SEALED NOTICE OF APPLICATION FILED BY MAYBANK ISLAMIC BERHAD ("THE PLAINTIFF"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB"), A MAJOR SUBSIDIARY OF R&A ("DEFENDANT").

Type

Announcement

Subject

MATERIAL LITIGATION

Description

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

- SHAH ALAM HIGH COURT ORIGINATING SUMMONS NO. 24MFC-318-11/2015: SEALED NOTICE OF APPLICATION FILED BY MAYBANK ISLAMIC BERHAD ("THE PLAINTIFF"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB"), A MAJOR SUBSIDIARY OF R&A ("DEFENDANT").

For consistency, the abbreviations used throughout this announcement shall have the same meanings as those defined in the announcements dated 16 October 2015 and 17 March 2016 in relation to the above matter, where applicable, unless stated otherwise or defined herein.

Further to the Company’s announcements made on 16 October 2015, 21 October 2015, 1 December 2015 and 17 March 2016, the Board of Directors of R&A wishes to announce that RASB, a major subsidiary of the Company, had on 28 March 2016 been served a sealed notice of application dated 15 March 2016 from Messrs. Lee Hishammuddin Allen & Gledhill, the solicitors acting for the Plaintiff, in relation to the appointment of a Licensed Auctioneer to dispose of the Properties.

The aforesaid matter has been fixed for hearing on Monday, 18 April 2016 at 9:00 a.m. at the Shah Alam High Court.

Further development on the above matter will be announced to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 29 March 2016.

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