Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 17 Aug 2017
Category: General Announcement for PLC
Reference Number: GA1-17082017-00085
Type: Announcement
Subject: OTHERS
Description: IMPAIRMENT LOSS IN RELATION TO NON-REPAYMENT OF STAKEHOLDER SUM BY STAKEHOLDER
Further to our announcement dated 21 July 2017 (reference no.: GA1-21072017-00101) in respect of the Summary Judgement (Shah Alam High Court Civil Suit BA-22NCVC-543-09/2016) obtained by Kobay Technology Bhd. (“Kobay” or “the Company”) against Miss Jaswinder Kaur (1st Defendant), the Board of Directors of Kobay wishes to announce that on 17 August 2017, the 1st Defendant has served a Notice of Appeal to the Company’s legal counsel to appeal on the said Summary Judgement.
This announcement is made on 17 August 2017.