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2016-12-31 08:38 | Report Abuse
The Board of Directors of R&A wishes to inform that R&A Telecommunication Sdn. Bhd. (“the Plaintiff”), a wholly-owned subsidiary of R&A, had on 9 December 2016 filed in the Shah Alam High Court Suit No. BA-NCVC-678-12/2016 against JMT Kelantan Baru Sdn Bhd and JMT RE Maintenance Sdn Bhd ("the Defendants").
The claim pursuant to the Writ of Summons and Statement of Claim are as below:
(a) The sum of RM1,027,715.48;
(b) Interest thereon at the rate of 5% per annum;
(c) Costs; and
(d) Any other relief deemed suitable and beneficial as the Court may deem fit.
The filing of the Writ of Summons and Statement of Claim was a result of the defendants failing to repay the advance payments made by the Company pursuant to a Letter of Award dated 15 March 2013 for the project entitled “Joint Engineering, Procurement, Construction and Commissioning (EPCC) Contractor For “Run On Water” 2x10MWp Mini Hydro Project Under REPPA at Kg Temangan (10MWp) @ Sg. Kelantan, In The District of Machang, Kelantan, Malaysia” (“Project”). The contract sum of the Project is RM93,180,566.00. This matter has been fixed for case management at the Shah Alam High Court on Wednesday, 11 January 2017, at 9:00 a.m.
The Writ of Summons and Statement of Claim had been served on the Defendants, solicitors, Messrs. Muru & Partners on 21 December 2016. The Company is represented by Messrs. Syed Ibrahim & Co.
The Writ of Summons and Statement of Claim are not expected to have any impact on the operations on the Group but should the suit be in the Company's favour, there will be positive financial impact on the Group.
The Company is not expected to incur any further losses arising from the Writ of Summons and Statement of Claim save that the Company is exposed to legal cost in instituting the action and if the suit against the defendants is dismissed.
Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 30 December 2016.
2016-09-15 21:20 | Report Abuse
Kena cari kapal lain sudah
2016-06-02 18:34 | Report Abuse
hold sampai untung.,...haha
2015-06-03 15:54 | Report Abuse
IF DOLAR BECOME POWER SUMATEC HUAT HUAT
2015-06-03 15:54 | Report Abuse
RM US DOLAR TARAK BAGUS ...SUMATEC TARAK BAGUS
2015-06-01 14:47 | Report Abuse
orang yang tiada pendirian akan jual semua saham yang jatuh beli yang baru....tak sangka yang baru jatuh jugak...har har har
2015-06-01 14:46 | Report Abuse
biar nyor jatuh lah pah ni gok kita pakat gomo
2015-05-22 14:56 | Report Abuse
ra take one year to prove or delist from bursa....ithink game still continue.....until it happen....
2015-05-15 16:54 | Report Abuse
sumatek baru pasang suiz lori....lama sikit baru warm up
2015-04-30 17:02 | Report Abuse
happy hoiday buroh day and wesak day......
2015-04-30 16:58 | Report Abuse
anyone know why index drop so much?
2015-04-30 16:03 | Report Abuse
Selamat tinggal, Minyak: US Navy Retak New Diperbaharui Teknologi Tenaga Untuk Hidupkan Air laut Ke Bahan Api, Membenarkan Kapal Kekal Pada Laut yang lebih panjang
2015-04-30 15:43 | Report Abuse
58.89 per barel...will go to 60 per barel get ready sumatec
2015-04-09 21:59 | Report Abuse
kalau pecah support ni aku jual jer..ekeke
2015-04-09 21:58 | Report Abuse
entahla...tapi last minut tambah lagi strong support
2015-04-07 00:04 | Report Abuse
yes its time to up....doji is coming out....tomorrow green.....up up up
2015-03-24 17:29 | Report Abuse
ithink drop some more. to 0.20 baru baguih...lepas tu up up up
2015-03-24 17:08 | Report Abuse
ayoyo..ini macam boleh sakit jantung...la india lagu ..huhuhoooi
2015-03-20 20:34 | Report Abuse
cut loss dulu after this gomo banyak banyak...kaw kaw punya
2015-03-20 20:29 | Report Abuse
harga rendah disebabkan oleh syarikat membeli semula saham ...pasti harga melayang isnin ini
2015-03-20 19:19 | Report Abuse
i dont know....look to chart...think to sell , but patient is key for everyhing
2015-03-20 17:27 | Report Abuse
this hs time...maybe next week time for us pulak...hehe
2015-03-20 17:10 | Report Abuse
happy weekend...meet you all monday....suma...i lap you
2015-03-20 17:08 | Report Abuse
terpijak satu ....ada banyak lagi...of course be carefull
Stock: [RA]: R&A TELECOMMUNICATION GRP BHD
2017-01-22 23:34 | Report Abuse
wait until 30cent