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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

03 May 2016

Category

General Announcement for PLC

Reference Number

GA1-03052016-00076

MATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - KUALA LUMPUR SESSIONS COURT SUIT NO. WA-B52NCC-322-03/2016: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY UNITED OVERSEAS BANK (MALAYSIA) BHD ("UOB" OR THE " PLAINTIFF"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB"), A WHOLLY OWNED SUBSIDIARY OF R&A, FRANCIS TAN HOCK LEONG, CHEOK CHUN LIAN AND R&A ("DEFENDANTS").

Type

Announcement

Subject

MATERIAL LITIGATION

Description

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

- KUALA LUMPUR SESSIONS COURT SUIT NO. WA-B52NCC-322-03/2016: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY UNITED OVERSEAS BANK (MALAYSIA) BHD ("UOB" OR THE " PLAINTIFF"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB"), A WHOLLY OWNED SUBSIDIARY OF R&A, FRANCIS TAN HOCK LEONG, CHEOK CHUN LIAN AND R&A ("DEFENDANTS").

Further to the Company’s announcement made on 6 April 2016, the Board of Directors of R&A wishes to announce that R&A and RASB had on 29 April 2016 been served a sealed Judgement dated 25 April 2016 by the Plaintiff, wherein the Defendants were directed to pay to the Plaintiff:-

a. the sum of RM776,529.95 together with interest thereon at a rate of 3.50% per annum above the Plaintiff’s Base Lending Rate on monthly rest basis from 1 January 2016 until the date of full settlement; and

b. cost of action of RM1,052.00.

This announcement is dated 3 May 2016.

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