Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 16 Feb 2015
Category: General Announcement for PLC
Reference Number: KT-150216-61007
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS
Description: PROPOSED CONDITIONAL JOINT VENTURE AGREEMENT WITH OPTION TO PURCHASE LOT 886 (GM452) & LOT 42 (GM352), MUKIM 11, SEBERANG PRAI TENGAH, PENANG.
The Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce that on 16 February 2015, Kobay Project Venture Sdn. Bhd. (Company No.: 558907-K) (“KPV” or “the Developer”), a wholly owned subsidiary company, has entered into a Conditional Joint Venture Agreement (“JVA”) with Option to Purchase with Nooraziah Binti Zainul Abidin and Noorashikin Binti Zainul Abidin (“Landowners”) for the development of Lot 886 (GM452) and Lot 42 (GM352), Mukim 11, Seberang Perai Tengah, Pulau Pinang (“the Lands”).
This announcement is dated 16 February 2015.
Attachments :
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