OTHERS IMPAIRMENT LOSS IN RELATION TO NON-REPAYMENT OF STAKEHOLDER SUM BY STAKEHOLDER

By September 25, 2017 Bursa 2017

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 25 Sep 2017
Category: General Announcement for PLC
Reference Number: GA1-25092017-00038

Type: Announcement
Subject: OTHERS
Description: IMPAIRMENT LOSS IN RELATION TO NON-REPAYMENT OF STAKEHOLDER SUM BY STAKEHOLDER

Further to our announcement dated 21st July 2017 (reference no.: GA1-21072017-00101) in respect of the Summary Judgement (Shah Alam High Court Civil Suit BA-22NCVC-543-09/2016) obtained by Kobay Technology Bhd. (“Kobay” or “the Company”) against Miss Jaswinder Kaur (1st Defendant) and the Notice of Appeal served by the 1st Defendant to the Company on 17th August 2017 (reference no. : GA 1-17082017-00085), the Board of Directors of Kobay wishes to announce that on 21st September 2017, the Deputy Registrar of the Court of Appeal has given the following direction :-

1. the hearing of the appeal is fixed on 2nd November 2017;

2. parties are to file their respective written submissions and bundle of authorities on or before 12th October 2017; and

3. final case management is fixed on 23rd October 2017.

This announcement is made on 25th September 2017.

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