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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

09 May 2016

Category

General Announcement for PLC

Reference Number

GA1-09052016-00036

MATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - SHAH ALAM SESSIONS COURT SUIT NO. A52NCC-339-12/2015: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY TECSYS PRODUCT SDN. BHD. (TECSYS OR THE "PLAINTIFF"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB" OR THE DEFENDANT), A WHOLLY OWNED SUBSIDIARY OF R&A 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") - SHAH ALAM SESSIONS COURT SUIT NO. A52NCC-339-12/2015: WRIT OF SUMMONS AND STATEMENT OF CLAIM FILED BY TECSYS PRODUCT SDN. BHD. (TECSYS OR THE "PLAINTIFF"), AGAINST R&A TELECOMMUNICATION SDN. BHD. ("RASB" OR THE DEFENDANT), A WHOLLY OWNED SUBSIDIARY OF R&A AND NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965.

Further to the Company’s announcement made on 22 December 2015 and 14 April 2016, the Board of Directors of the Company wishes to announce that RASB had received a notice pursuant to Section 218 of the Companies Act, 1965 (“Act”) dated 3 May 2016 from Messrs. Siva, Thurai, Mariany & Co., being the solicitors for Tecsys (“Notice”), demanding for the payment of:-

within twenty-one (21) days from the date of receipt of the Notice, failing which RASB shall be deemed to be unable to pay its debts and appropriate Court proceedings will be taken for the winding-up of RASB.

This announcement is dated 9 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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