OTHERS PROPOSED ACQUISITION OF PROPERTY BY PARADIGM AEROSPACE SDN. BHD.

By January 7, 2019 Bursa 2019

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 07 Jan 2019
Category: General Announcement for PLC
Reference Number: GA1-07012019-00054

Type: Announcement
Subject: OTHERS
Description: PROPOSED ACQUISITION OF PROPERTY BY PARADIGM AEROSPACE SDN. BHD.

Further to our announcement dated 6 December 2017 (Reference No. : GA1-06122017-00078), 14 March 2018 (Reference No. : GA1-08032018-00017) and 16 March 2018 (Reference No.: GA1-15032018-00101), we, the Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) wishes to announce that the agreement for the purchase and sale of all that piece of land and hereditaments held under H.S. (D) 33005, PT 1529, Mukim 01, Daerah Seberang Perai Tengah, Pulau Pinang from Messrs. Bright Entity Sdn. Bhd. (Company No.: 797701-U) by Paradigm Aerospace Sdn Bhd (Company No.: 1258406-W), a wholly owned subsidiary of Kobay Industries Sdn. Bhd. (Company No.: 491485-V), has been completed on 28 December 2018, as notified by our solicitors vide letter dated 4 January 2019.

This announcement is dated 7 January 2019.

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