Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 13 Feb 2015
Category: General Announcement for PLC
Reference Number: KT-150213-63909
Type: Announcement
Subject: OTHERS
Description: Change of Equity Interests in Kobay Systems Sdn. Bhd.
The Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce that on 13 February 2015, Kobay has increased its equity participation in Kobay Systems Sdn. Bhd. (“KSys” or “the Company”) from 70% to 100% by acquiring an additional 30% from Encik Ahmad Bin Hassan for a cash consideration of RM30,000.
Attachments :
[button open_new_tab=”true” color=”accent-color” hover_text_color_override=”#fff” size=”medium” url=”http://www.kobaytech.com/pdf/2015/Acquisition%20of%20shares%20in%20KSys.pdf” text=”Acquisition of shares in KSys.pdf” color_override=””]