R&A TELECOMMUNICATION GRP BHD

KLSE (MYR): RA (0110)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

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3 people like this.

1,311 comment(s). Last comment by Sawasdee Krab 2023-02-22 21:28

Posted by tinyinvestor > 2016-01-07 14:38 | Report Abuse

no sign ofrecovery!...

TokBomoh

33 posts

Posted by TokBomoh > 2016-01-09 09:07 | Report Abuse

jampi

Posted by Shinju_nosuke > 2016-01-11 01:39 | Report Abuse

Sleep sleep n sleep like bangau of bangau kenapalah kau bangau

mamakkutty

288 posts

Posted by mamakkutty > 2016-01-11 10:41 | Report Abuse

kiki kiu

OPMS

1,183 posts

Posted by OPMS > 2016-01-20 20:02 | Report Abuse

ayamtua.. sedap msk kicap.. kekeke

malinfan

698 posts

Posted by malinfan > 2016-01-31 15:26 | Report Abuse

Ayam, no need to "kookokoko"... Can't wake up lioa....alrdy cut and cook curry-ayam ....

Posted by ringgitaire > 2016-02-11 22:50 | Report Abuse

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

R&A TELECOMMUNICATION GROUP BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description R&A TELECOMMUNICATION GROUP BERHAD ("RA" OR "THE COMPANY")
- ANNOUNCEMENT PURSUANT TO GUIDANCE NOTE 3 ("GN3") OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 5 May 2015 in relation to GN3, where applicable, unless stated otherwise or defined herein.

Further to the Company’s announcement dated 4 January 2016 in compliance with Paragraph 4.1 of GN3, the Board of Directors of RA wishes to inform that the Company is still in the midst of evaluating various options in its endeavour to formulate a regularisation plan to address its GN3 status (“Regularisation Plan”).

Premised on the First Announcement, the Company is required to submit the Regularisation Plan to the relevant authorities by 5 May 2016 which is approximately four (4) months from the date hereof.

This announcement is dated 2 February 2016.

crystal168

1,663 posts

Posted by crystal168 > 2016-02-12 21:15 | Report Abuse

Friday, 12 Feb 2016

RA

17:44:31 MATERIAL LITIGATION

dingding

843 posts

Posted by dingding > 2016-02-12 21:56 | Report Abuse

Good or bad?

klse1997

254 posts

Posted by klse1997 > 2016-02-15 17:11 | Report Abuse

this counter has been sleeping for long time, let the TELCOs bought over laa :)

crystal168

1,663 posts

Posted by crystal168 > 2016-02-23 08:26 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5005733

Further to the Company’s announcement dated 4 December 2015, the Board of Directors of R&A wishes to announce that both the Company and its wholly-owned subsidiary, R&A Telecommunication Sdn Bhd (“RASB”) which is a major subsidiary of the Company, had on 19 February 2016 each received a notice of recall dated 17 February 2016 (“Notices of Recall”) from solicitors acting on behalf of United Overseas Bank (Malaysia) Bhd (“UOBM”).

The Notices of Recall were for the sum of RM776,529.95 (“Outstanding Sum”) being the amount in arrears/excess as at 31 December 2015 together with interest thereon at the rate of 3.5% per annum above UOBM’s Base Lending Rate on monthly rests basis from 1 January 2016 to date of final payment. This is in relation to a performance guarantee issued for a project on the construction of unipoles and advertising panels at petrol stations (“Performance Guarantee”) which did not take off as planned.

As stated in the Notices of Recall, the Outstanding Sum together with interest accruing thereon are to be settled within seven (7) days from the date of the Notices of Recall, failing which UOBM will commence legal proceedings against R&A and RASB for the recovery of all monies due and owing without further reference to R&A and RASB in which event R&A and RASB will be liable for additional interest and costs.

R&A is expected to address this issue via regularisation plan. Once the regularisation plan is finalised, a settlement is proposed to be put forward to the creditors.

This announcement is dated 22 February 2016.

dingding

843 posts

Posted by dingding > 2016-02-27 16:48 | Report Abuse

Crystal, ini macam mana!

Ayat

231 posts

Posted by Ayat > 2016-02-27 18:52 | Report Abuse

Ayam Tua, why did you approve the loan to R&A in the first place,
See... now... how?

Ayat

231 posts

Posted by Ayat > 2016-02-27 19:13 | Report Abuse

Ayam tua and I pretty sure this is not the last company being "such".

Which one the next? Ayam Tua?

Noob123

15 posts

Posted by Noob123 > 2016-03-01 02:01 | Report Abuse

This company even got negative revenue, due to reversal of revenue because of their tight cash position and lack of skill expertise

0008

1,603 posts

Posted by 0008 > 2016-03-01 10:01 | Report Abuse

This counter be advise dun buy , 99.9999% delisted

richkid

8,140 posts

Posted by richkid > 2016-03-01 10:42 | Report Abuse

Don't touch...even if it is so Cheap...Cheap doesn't mean good in this case...because this company is having huge losses. I rather play healthy company.

diqiuhao

166 posts

Posted by diqiuhao > 2016-03-01 11:01 | Report Abuse

company is guarantee bankrupt

klse1997

254 posts

Posted by klse1997 > 2016-03-01 12:06 | Report Abuse

Volume up kaw kaw but price going south... Director suda cabut ?

malinfan

698 posts

Posted by malinfan > 2016-03-01 16:06 | Report Abuse

Once my hero,...... now waiting to be cremate. RIP my friend!

dingding

843 posts

Posted by dingding > 2016-03-02 20:40 | Report Abuse

High vol! RTO?..

malinfan

698 posts

Posted by malinfan > 2016-03-03 14:48 | Report Abuse

my friend still holding 3,300 lots very tight ... some @ 0.120sen ... sobbing* ..... " '' '' ''

klse1997

254 posts

Posted by klse1997 > 2016-03-03 17:19 | Report Abuse

that's was plenty at 12 sen... :(

crystal168

1,663 posts

Posted by crystal168 > 2016-03-04 08:11 | Report Abuse

.

dingding

843 posts

Posted by dingding > 2016-03-05 11:45 | Report Abuse

Crystal, ayamtua.....0.015, ok.? Push la

malinfan

698 posts

Posted by malinfan > 2016-03-05 16:00 | Report Abuse

Won't push not until May, if May still no White Knight come rescue, RA will be cremated.

dingding

843 posts

Posted by dingding > 2016-03-05 16:04 | Report Abuse

Why May?

malinfan

698 posts

Posted by malinfan > 2016-03-05 17:08 | Report Abuse

Premised on the First Announcement, the Company is required to submit the Regularisation Plan to the relevant authorities by 5 May 2016 which is approximately two (2) months from the date hereof.

This announcement is dated 1 March 2016.

crystal168

1,663 posts

Posted by crystal168 > 2016-03-14 11:02 | Report Abuse

dingding, you bought at what price?

crystal168

1,663 posts

Posted by crystal168 > 2016-03-14 11:53 | Report Abuse

heard they will propose RI ?

klse1997

254 posts

Posted by klse1997 > 2016-03-14 17:42 | Report Abuse

RI ? Or reverse takeover ?

dingding

843 posts

Posted by dingding > 2016-03-14 21:21 | Report Abuse

Crystal168, at 0.01! Any news to share?

Posted by Money_Master > 2016-03-14 23:24 | Report Abuse

Don think there will be a white knight to save this company

kevinspot

15 posts

Posted by kevinspot > 2016-03-14 23:34 | Report Abuse

Global Digital Pathology Market is expected to grow at the CAGR of 12.5% during 2015-2022
http://www.briskinsights.com/report/digital-pathology-market

crystal168

1,663 posts

Posted by crystal168 > 2016-03-15 08:52 | Report Abuse

dingding, nothing much at the moment.

this is a dead company, unless there is RTO.

there was a proposal to issue Rights

malinfan

698 posts

Posted by malinfan > 2016-03-15 10:38 | Report Abuse

nobody will takeover this "heavy debt" ridden company... dead end !

crystal168

1,663 posts

Posted by crystal168 > 2016-03-15 15:22 | Report Abuse

wooooo, this one also kaboom

malinfan

698 posts

Posted by malinfan > 2016-03-16 09:08 | Report Abuse

my dear old friend, you're once my hero, I did made profit from you before, but now ... you look tired and weak .... may your soul rest in p.e.a.c.e. AMEN !

klse1997

254 posts

Posted by klse1997 > 2016-03-16 13:39 | Report Abuse

husband n wife director should go and make way for new owner....

malinfan

698 posts

Posted by malinfan > 2016-03-16 15:04 | Report Abuse

Francis Tan and wife alrdy cash out long time liao, balance want or dun want oso never mind liao, after all the company is in .................. deep shit liao !

malinfan

698 posts

Posted by malinfan > 2016-03-16 15:07 | Report Abuse

even if the company is free for you, but the bank debt is huge.....! you want?

crystal168

1,663 posts

Posted by crystal168 > 2016-03-18 07:59 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5033285

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").

malinfan

698 posts

Posted by malinfan > 2016-03-18 08:58 | Report Abuse

this company........alrdy bankrupt liao....even half sen also....................."RUN" !!!

crystal168

1,663 posts

Posted by crystal168 > 2016-03-19 08:58 | Report Abuse

This article first appeared in The Edge Financial Daily, on March 18, 2016.

KUALA LUMPUR: R&A Telecommunication Group Bhd said the properties of its wholly-owned unit will be auctioned off to settle a sum of RM31.24 million owing to Maybank Islamic Bhd.

In a filing with Bursa Malaysia, R&A said the High Court in Shah Alam has allowed the bank’s application to dispose of the properties via an auction. The auction is scheduled to be held at the court on May 5.

This follows the failure by the subsidiary R&A Telecommunication Sdn Bhd (RASB) to settle the financing it had obtained from the bank, that was secured by a charge on its properties located in Mukim Damansara in Selangor’s Petaling district.

R&A said the operational impact of the court order on the group is minimal, as the business activities that were being carried out at the properties had ceased.

“Financially, the group will record a gain or loss on disposal, depending on whether the sale price of the properties at the auction is higher or lower than the carrying value,” it said.

R&A triggered Guidance Note 3 (GN3) of the ACE Market Listing Requirements of Bursa Malaysia Securities last year. This was after auditors expressed a disclaimer opinion, highlighting areas of concern with its financial accounting in the company’s audited financial statements for the year ended Dec 31, 2014.

R&A has 12 months to submit a regularisation plan to Bursa Securities and obtain the bourse’s approval to implement the plan.

Yesterday, R&A said it will address the court order via its regularisation plan. “Once the regularisation plan is finalised, a settlement is proposed to be put forward to our creditors,” it said.

malinfan

698 posts

Posted by malinfan > 2016-03-25 10:51 | Report Abuse

, , , , sinking titanic, no way out ....

Posted by tinyinvestor > 2016-03-25 19:01 | Report Abuse

dead counter

BILLC

2,047 posts

Posted by BILLC > 2016-03-26 04:33 | Report Abuse

dali,francis n wife should be jailed for cheating the Minority investors.

klse1997

254 posts

Posted by klse1997 > 2016-03-28 11:53 | Report Abuse

Should lelong their properties to pay the debt

malinfan

698 posts

Posted by malinfan > 2016-03-29 14:26 | Report Abuse

not enuf to pay half ...

crystal168

1,663 posts

Posted by crystal168 > 2016-03-30 07:44 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5043557

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 and 17 March 2016, the Board of Directors of R&A wishes to announce that RASB, a major subsidiary of the Company, had on 28 March 2016 been served a sealed notice of application dated 15 March 2016 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.

The aforesaid matter has been fixed for hearing on Monday, 18 April 2016 at 9:00 a.m. at the Shah Alam High Court.

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

This announcement is dated 29 March 2016.

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