Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 12 Nov 2020
Category: General Meeting
Reference Number: GMA-12112020-00007
Corporate Action ID: MY201020MEET0003
Amended Announcements
Please refer to the earlier announcement reference number: GMA-20102020-00004
| Type of Meeting | General |
| Indicator | Notice of Meeting |
| Description | Notification to Shareholders on the convening of Fully Virtual 26th Annual General Meeting of Kobay Technology Berhad due to Conditional Movement Control Order |
| Date of Meeting | 26 Nov 2020 |
| Time | 02:30 PM |
| Venue(s) | Broadcast Venue : 4th Floor, Wisma Kobay, No. 42-B Jalan Rangoon, 10400 Georgetown, Penang |
| Date of General Meeting Record of Depositors | 19 Nov 2020 |
Resolutions
1. For Information
| Description | To receive the Audited Financial Statements for the financial year ended 30 June 2020 and the Reports of the Directors and Auditors thereon. |
| Shareholder’s Action | For Information Only |
2. Resolution 1
| Description | To approve the payment of first and final single tier dividend of 6.0 sen in respect of the financial year ended 30 June 2020 |
| Shareholder’s Action | For Voting |
3. Resolution 2- Two (2) Tier
| Description | To retain Dr. Mohamad Zabdi Bin Zamrod as Independent and Non-Executive Director in accordance with Malaysian Code of Corporate Governance 2017. |
| Shareholder’s Action | For Voting |
4. Resolution 3 – One (1) Tier
| Description | To retain Mr. Khaw Eng Peng as Senior Independent and Non-Executive Director in accordance with Malaysian Code on Corporate Governance 2017. |
| Shareholder’s Action | For Voting |
5. Resolution 4
| Description | To re-elect Koay Cheng Lye as Company Director, who retires in accordance with Article 101 of the Company’s Constitution. |
| Shareholder’s Action | For Voting |
6. Resolution 5
| Description | To re-elect Koay Ah Bah @ Koay Cheng Hock as Company Director, who retires in accordance with Article 101 of the Company’s Constitution. |
| Shareholder’s Action | For Voting |
7. Resolution 6
| Description | To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company and to authorize the Directors to fix their remuneration. |
| Shareholder’s Action | For Voting |
8. Resolution 7
| Description | To approve the payment of Directors’ fees of RM22,500.00 only to the Non-Executive Directors for the financial year ended 30 June 2020. |
| Shareholder’s Action | For Voting |
9. Resolution 8
| Description | Authority to issue shares in accordance to Section 75 and 76 of the Companies Act, 2016 |
| Shareholder’s Action | For Voting |
10. Resolution 9
| Description | Renewal of Share Buy-Back Authority |
| Shareholder’s Action | For Voting |
11. Resolution 10
| Description | Renewal of Shareholders’ mandate for recurrent related party transactions of a revenue or trading nature. |
| Shareholder’s Action | For Voting |
Please refer attachment below.
Attachments :
Kobay-26th AGM_ Notification to Shareholders on convening fully virtue AGM and Administrative Notes.pdf