Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 28 Mar 2018
Category: General Announcement for PLC
Reference Number: GA1-28032018-00026
Type: Announcement
Subject: OTHERS
Description: Banking Facilities accepted by Kobay Group
Pursuant to Chapter 9.04(e) of the Listing Requirements, the Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) wishes to announce that on 28 March 2018, Kobay and Paradigm Aerospace Sdn. Bhd. (formerly known as Paradigm Aero Technology Sdn. Bhd.)(Company No. 1258406-W) (“PA”), the wholly owned subsidiary company of Lipo Corporation Sdn. Bhd. (Company No.: 491485-V) (“Lipo”), for which Lipo is the wholly owned subsidiary company of Kobay, have accepted the following banking facilities offered by Messrs. Hong Leong Islamic Bank Berhad to facilitate PA’s acquisition of property as per our announcement dated 14 March 2018 with reference number GA1-08032018-00017, upgrading of the said property and Kobay’s working capital purpose.
For further details, kindly refer to the attachment.
This announcement is dated 28 March 2018.
Attachments :
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