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

ADDITIONAL LISTING ANNOUNCEMENT

Additional Listing Announcement (ALA)
Reference No OI-110624-44771

 

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD  
Company Name
:
R&A TELECOMMUNICATION GROUP BERHAD (ACE Market) 
Stock Name
:
RA  
Date Announced
:
24/06/2011  

 

Admission Sponsor
:
OSK Investment Bank Bhd
Sponsor
:
Same as above
1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type 
and new class of securities?
:
No
Types of corporate proposal
:
Acquisitions
Details of corporate proposal
:
Acquisition of 2,500,000 ordinary shares of RM1.00 each in R&A Telecommunication Sdn Bhd ("R&A Sdn Bhd"), representing 100% equity interest in R&A Sdn Bhd for a total purchase consideration of RM69,800,000 to be satisfied by the issuance of 698,000,000 new ordinary shares of RM0.10 each in R&A ("R&A Shares") at an issue price of RM0.10 per R&A Share ("Acquisition")
No. of shares issued under this corporate proposal
:
698,000,000
Issue price per share ($)
:
MYR 0.100
Par Value ($)
:
MYR 0.100
   Latest issued and paid up share capital after the above corporate proposal in the following
Units
:
769,966,000
Currency
:
MYR 76,996,600.000
Listing Date
:
27/06/2011

 

2. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type 
and new class of securities?
:
No
Types of corporate proposal
:
Private Placement
Details of corporate proposal
:
Private Placement of 109,000,000 R&A Shares upon the completion of the Acquisition
No. of shares issued under this corporate proposal
:
109,000,000
Issue price per share ($)
:
MYR 0.119
Par Value ($)
:
MYR 0.100
   Latest issued and paid up share capital after the above corporate proposal in the following
Units
:
878,966,000
Currency
:
MYR 87,896,600.000
Listing Date
:
27/06/2011



Remarks :