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

Company Name

R&A TELECOMMUNICATION GROUP BERHAD

Stock Name

RA

Date Announced

18 May 2016

Category

General Announcement for PLC

Reference Number

GA1-17052016-00034

MATERIAL LITIGATION R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR "THE COMPANY") - SHAH ALAM HIGH COURT ORIGINATING SUMMONS NO. 24MFC-318-11/2015: SEALED ORDER SERVED BY MAYBANK ISLAMIC BERHAD ("THE PLAINTIFF"), ON R&A TELECOMMUNICATION SDN. BHD. ("RASB"), A WHOLLY OWNED 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 ORDER SERVED BY MAYBANK ISLAMIC BERHAD ("THE PLAINTIFF"), ON R&A TELECOMMUNICATION SDN. BHD. ("RASB"), A WHOLLY OWNED 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, 17 March 2016 and 29 March 2016, the Board of Directors of R&A wishes to announce that RASB, a major subsidiary of the Company, had on 16 May 2016 been served a sealed Order dated 18 April 2016 (“Sealed Order”) 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.

Based on the Sealed Order, the auction will be conducted at the Shah Alam High Court on 24 May 2016 at 10:30 a.m. or at any other time as may be deemed suitable.

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

This announcement is dated 17 May 2016.

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