Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 31 Jul 2017
Category: General Announcement for PLC
Reference Number: GA1-31072017-00078
Type: Announcement
Subject: OTHERS
Description: PROPOSED CONDITIONAL JOINT VENTURE AGREEMENT WITH OPTION TO PURCHASE LOT 886 (GM452) & LOT 42 (GM352), MUKIM 11, SEBERANG PRAI TENGAH, PENANG.
Further to our announcement dated 16 February 2015 (Reference Number : KT-150216-61007) of the Proposed Conditional Joint Venture Agreement with Option to Purchase (“JVA with OTP”), announcement dated 22 December 2015 (Reference number : GA1-22122015-00084) and 23 December 2015 ( Reference Number GA1-23122015-00089) respectively, the Board of Directors of Kobay Technology Bhd (“Kobay”) wishes to announce that on 31 July 2017, Kobay Project Venture Sdn. Bhd. (Company No. 558907-K) (“KPV”), a wholly owned subsidiary, has entered into a Supplemental Agreement with Noorashikin Binti Zainul Abidin and Baharuddin Bin Zainul Abidin who substitute Zainul Abidin Bin Muhammad who passed away, as a party to the JVA with OTP.
Kindly refer to the attachment for further details.
This announcement is dated 31 July 2017.
Attachments :
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