Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 02 Nov 2017
Category: General Announcement for PLC
Reference Number: GA1-02112017-00080
Description: IMPAIRMENT LOSS IN RELATION TO NON-REPAYMENT OF STAKEHOLDER SUM BY STAKEHOLDER
Further to our announcement dated 21 July 2017 (reference no.: GA1-21072017-00101), 17 August 2017 (reference no. : GA 1-17082017-00085) and 25 September 2017 (reference no. : GA1-25092017-00038), the Board of Directors of Kobay wishes to announce that the appeal by Miss Jaswinder Kaur, the 1st Defendant, has been dismissed by the Court of Appeal today with costs of RM10,000 awarded.
Further announcement on any material development on the above will be made as and when appropriate.
This announcement is made on 2 November 2017.