Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 21 Oct 2013
Category: General Announcement
Reference Number: KT-131021-60333
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS
Description: Proposed Diversification of the business of Kobay Group to include property development and property investment (“Proposed Diversification”)
The Board of Directors of Kobay Technology Berhad (“Kobay” ) wishes to announce that Kobay Group proposes to undertake the Proposed Diversification and seek the shareholders’ approval in the forthcoming Annual General Meeting (AGM).
Further details of the proposal is set out in the attachment of this announcement and willl be dispatched to the shareholders of the Company in due course.
This announcement is dated 21 October 2013.
Attachments :
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