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

MULTIPLE PROPOSALS

General Announcement
Reference No OI-120329-47384

 

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD  
Company Name
:
R&A TELECOMMUNICATION GROUP BERHAD (ACE Market) 
Stock Name
:
RA  
Date Announced
:
29/03/2012  
Admission Sponsor
:
OSK Investment Bank Bhd
Sponsor
:
Same as above

 

Type
:
Announcement
Subject
:
MULTIPLE PROPOSALS
Description
:
R&A TELECOMMUNICATION GROUP BERHAD (FORMERLY KNOWN AS KZEN SOLUTIONS BERHAD) ("R&A" OR THE "COMPANY")

I. BONUS ISSUE OF 87,896,600 WARRANTS IN R&A ("WARRANT(S)") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF RM0.10 EACH IN R&A ("R&A SHARE(S)" OR "SHARE(S)") HELD AT 5.00 P.M. ON 22 MARCH 2012 ("BONUS ISSUE OF WARRANTS");

II. INCREASE IN THE AUTHORISED SHARE CAPITAL OF R&A FROM RM100,000,000 COMPRISING 1,000,000,000 R&A SHARES TO RM150,000,000 COMPRISING 1,500,000,000 R&A SHARES ("INCREASE IN AUTHORISED SHARE CAPITAL"); AND

III. AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF R&A ("AMENDMENTS")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")


Announcement Details/Table Section :

 

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.

    We refer to the announcements made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of R&A ("Board"), on 20 December 2011, 16 January 2012, 25 January 2012, 27 January 2012, 7 March 2012 and 28 March 2012 in relation to the Proposals.
      On behalf of the Board, OSK is pleased to announce that 87,896,600 Warrants issued pursuant to the Bonus Issue of Warrants were listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Thursday, 29 March 2012, marking the completion of the Bonus Issue of Warrants.