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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

04 May 2016

Category

General Announcement for PLC

Reference Number

GA1-04052016-00016

MATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - KUALA LUMPUR SESSIONS COURT WRIT NO. WA-A52NCC-22-01/2016: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY ORIX CREDIT MALAYSIA SDN BHD ("ORIX") ("THE PLAINTIFF") AGAINST R&A AND R&A TELECOMMUNICATION SDN BHD ("RASB"), A WHOLLY-OWNED SUBSIDIARY OF R&A ("DEFENDANTS") AND NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965.

Type

Announcement

Subject

MATERIAL LITIGATION

Description

R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - KUALA LUMPUR SESSIONS COURT WRIT NO. WA-A52NCC-22-01/2016: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY ORIX CREDIT MALAYSIA SDN BHD ("ORIX") ("THE PLAINTIFF") AGAINST R&A AND R&A TELECOMMUNICATION SDN BHD ("RASB"), A WHOLLY-OWNED SUBSIDIARY OF R&A ("DEFENDANTS") AND NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965.

Further to the Company’s announcement made on 19 January 2016, 20 January 2016 and 12 February 2016, the Board of Directors of R&A wishes to announce that R&A had received a notice pursuant to Section 218 of the Companies Act, 1965 (“Act”) dated 3 May 2016 from Messrs. K L Wong, being the solicitors for Orix Credit Malaysia Sdn Bhd (“Orix”) (“Notice”), demanding for the payment of:-

being the sum due and payable in respect of a Judgment in Default dated 3 February 2016 obtained at the Kuala Lumpur Sessions Court, within 21 days from the date of receipt of the Notice, failing which winding-up proceedings shall be instituted against the Company.

This announcement is dated 4 May 2016.


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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